Comerica Bank lowered its stake in Crh Plc (NYSE:CRH) by 5.6% during the 4th quarter, Holdings Channel reports. The institutional investor owned 45,668 shares of the construction company’s stock after selling 2,727 shares during the quarter. Comerica Bank’s holdings in CRH were worth $1,757,000 as of its most recent SEC filing.
Other institutional investors also recently bought and sold shares of the company. Glovista Investments LLC purchased a new stake in shares of CRH in the 3rd quarter worth approximately $204,000. SG Americas Securities LLC bought a new position in CRH in the 3rd quarter valued at approximately $271,000. Financial Counselors Inc. bought a new position in CRH in the 3rd quarter valued at approximately $303,000. Eagle Asset Management Inc. lifted its position in CRH by 16.0% in the 3rd quarter. Eagle Asset Management Inc. now owns 10,561 shares of the construction company’s stock valued at $392,000 after acquiring an additional 1,460 shares in the last quarter. Finally, PEAK6 Investments L.P. bought a new position in CRH in the 3rd quarter valued at approximately $642,000. Institutional investors own 3.47% of the company’s stock.
Several equities analysts recently issued reports on the company. BNP Paribas raised CRH from an “underperform” rating to a “neutral” rating in a research report on Thursday, January 25th. Morgan Stanley raised CRH from an “equal weight” rating to an “overweight” rating in a research report on Friday, November 17th. Finally, Zacks Investment Research cut CRH from a “hold” rating to a “sell” rating in a research report on Tuesday, November 28th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and four have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $36.25.
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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