Boston Partners Sells 3,073,996 Shares of CRH PLC (CRH)

Boston Partners cut its position in shares of CRH PLC (NYSE:CRH) by 45.1% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,744,674 shares of the construction company’s stock after selling 3,073,996 shares during the period. Boston Partners owned 0.45% of CRH PLC worth $132,823,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the stock. Jaffetilchin Investment Partners LLC increased its stake in CRH PLC by 0.4% in the first quarter. Jaffetilchin Investment Partners LLC now owns 12,356 shares of the construction company’s stock worth $435,000 after buying an additional 45 shares during the period. Assetmark Inc. increased its stake in CRH PLC by 2.2% in the first quarter. Assetmark Inc. now owns 2,978 shares of the construction company’s stock worth $105,000 after buying an additional 65 shares during the period. Financial Counselors Inc. increased its stake in CRH PLC by 1.7% in the first quarter. Financial Counselors Inc. now owns 7,654 shares of the construction company’s stock worth $269,000 after buying an additional 126 shares during the period. Huntington National Bank increased its stake in CRH PLC by 5.0% in the second quarter. Huntington National Bank now owns 2,842 shares of the construction company’s stock worth $101,000 after buying an additional 135 shares during the period. Finally, Legal & General Group Plc increased its stake in CRH PLC by 1.1% in the first quarter. Legal & General Group Plc now owns 18,037 shares of the construction company’s stock worth $634,000 after buying an additional 200 shares during the period. Institutional investors own 4.47% of the company’s stock.

CRH PLC (NYSE CRH) opened at 34.06 on Friday. The company’s 50-day moving average is $35.49 and its 200-day moving average is $35.47. CRH PLC has a one year low of $31.55 and a one year high of $38.04. The firm has a market capitalization of $28.35 billion, a P/E ratio of 19.34 and a beta of 0.96.

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A number of research firms have recently issued reports on CRH. BidaskClub downgraded shares of CRH PLC from a “hold” rating to a “sell” rating in a report on Monday, July 24th. Bank of America Corporation upgraded shares of CRH PLC from a “neutral” rating to a “buy” rating in a report on Friday, April 21st. Two analysts have rated the stock with a sell rating, four have issued a hold rating and three have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of $39.00.

About CRH PLC

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.

Institutional Ownership by Quarter for CRH PLC (NYSE:CRH)

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