Two Sigma Investments LP Boosts Holdings in Crh Plc (CRH)

Two Sigma Investments LP raised its stake in Crh Plc (NYSE:CRH) by 251.5% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 264,488 shares of the construction company’s stock after buying an additional 189,245 shares during the period. Two Sigma Investments LP’s holdings in CRH were worth $9,545,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently bought and sold shares of CRH. Bank of New York Mellon Corp raised its stake in CRH by 1.8% during the 3rd quarter. Bank of New York Mellon Corp now owns 561,248 shares of the construction company’s stock valued at $21,249,000 after purchasing an additional 10,152 shares during the period. Advisors Asset Management Inc. raised its stake in CRH by 7.6% during the 3rd quarter. Advisors Asset Management Inc. now owns 155,427 shares of the construction company’s stock valued at $5,884,000 after purchasing an additional 10,970 shares during the period. SG Americas Securities LLC acquired a new stake in CRH during the 3rd quarter valued at $271,000. Renaissance Group LLC raised its stake in CRH by 6.8% during the 3rd quarter. Renaissance Group LLC now owns 446,127 shares of the construction company’s stock valued at $16,890,000 after purchasing an additional 28,362 shares during the period. Finally, Assetmark Inc. raised its stake in CRH by 3,208.7% during the 3rd quarter. Assetmark Inc. now owns 98,401 shares of the construction company’s stock valued at $3,725,000 after purchasing an additional 95,427 shares during the period. 3.50% of the stock is currently owned by institutional investors.

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Shares of Crh Plc (NYSE:CRH) opened at $34.41 on Tuesday. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.62 and a quick ratio of 1.17. Crh Plc has a one year low of $32.47 and a one year high of $39.32.

The company also recently announced a semiannual dividend, which will be paid on Friday, May 11th. Shareholders of record on Monday, March 12th will be paid a dividend of $0.6011 per share. This is an increase from CRH’s previous semiannual dividend of $0.48. This represents a yield of 3.5%. The ex-dividend date of this dividend is Friday, March 9th.

Several analysts have issued reports on the stock. BNP Paribas raised shares of CRH from an “underperform” rating to a “neutral” rating in a research note on Thursday, January 25th. Goldman Sachs assumed coverage on shares of CRH in a research note on Sunday, March 11th. They set a “buy” rating on the stock. Zacks Investment Research downgraded shares of CRH from a “hold” rating to a “sell” rating in a research note on Tuesday, November 28th. Finally, Exane BNP Paribas raised shares of CRH from a “neutral” rating to an “outperform” rating in a research note on Wednesday, March 14th. One analyst has rated the stock with a sell rating and seven have issued a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average target price of $36.25.

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

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