Glovista Investments LLC Invests $204,000 in Crh Plc (CRH)
Glovista Investments LLC bought a new position in shares of Crh Plc (NYSE:CRH) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 5,400 shares of the construction company’s stock, valued at approximately $204,000.
Several other hedge funds have also made changes to their positions in CRH. Tower Research Capital LLC TRC grew its holdings in shares of CRH by 781.6% during the second quarter. Tower Research Capital LLC TRC now owns 3,791 shares of the construction company’s stock worth $134,000 after purchasing an additional 3,361 shares during the last quarter. Acrospire Investment Management LLC bought a new stake in shares of CRH during the second quarter worth $149,000. Advisor Group Inc. grew its holdings in shares of CRH by 38.6% during the second quarter. Advisor Group Inc. now owns 4,520 shares of the construction company’s stock worth $160,000 after purchasing an additional 1,259 shares during the last quarter. Quantbot Technologies LP grew its holdings in shares of CRH by 307.1% during the second quarter. Quantbot Technologies LP now owns 7,319 shares of the construction company’s stock worth $259,000 after purchasing an additional 5,521 shares during the last quarter. Finally, SG Americas Securities LLC bought a new stake in shares of CRH during the third quarter worth $271,000. Institutional investors own 3.43% of the company’s stock.
Shares of Crh Plc (NYSE:CRH) opened at $34.48 on Thursday. The company has a current ratio of 1.60, a quick ratio of 1.10 and a debt-to-equity ratio of 0.57. Crh Plc has a 1-year low of $32.82 and a 1-year high of $38.06.
CRH has been the topic of several research analyst reports. Morgan Stanley upgraded CRH from an “equal weight” rating to an “overweight” rating in a report on Friday, November 17th. Jefferies Group initiated coverage on CRH in a report on Wednesday, September 27th. They set a “buy” rating on the stock. Zacks Investment Research cut CRH from a “hold” rating to a “sell” rating in a report on Tuesday, November 28th. Finally, BidaskClub upgraded CRH from a “strong sell” rating to a “sell” rating in a report on Thursday, August 17th. Two equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and three have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of $32.50.
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CRH Company Profile
CRH public limited company (CRH plc) is a building materials company. The Company’s segments include Europe Heavyside, Europe Lightside, Europe Distribution, Americas Materials, Americas Products, Americas Distribution and Asia. Europe Heavyside segment is engaged in the manufacturing and supply of aggregates, asphalt, cement, readymixed and precast concrete and landscaping products.
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