Comerica Bank cut its stake in shares of CRH PLC (NYSE:CRH) by 10.3% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 51,685 shares of the construction companys stock after selling 5,921 shares during the quarter. Comerica Banks holdings in CRH PLC were worth $1,818,000 at the end of the most recent reporting period.
Several other institutional investors also recently made changes to their positions in CRH. Huntington National Bank grew its position in shares of CRH PLC by 5.0% during the second quarter. Huntington National Bank now owns 2,842 shares of the construction companys stock worth $101,000 after buying an additional 135 shares in the last quarter. Assetmark Inc. grew its position in shares of CRH PLC by 2.2% during the first quarter. Assetmark Inc. now owns 2,978 shares of the construction companys stock worth $105,000 after buying an additional 65 shares in the last quarter. Grove Bank & Trust grew its position in shares of CRH PLC by 69.3% during the second quarter. Grove Bank & Trust now owns 4,910 shares of the construction companys stock worth $174,000 after buying an additional 2,010 shares in the last quarter. Teza Capital Management LLC acquired a new position in shares of CRH PLC during the first quarter worth about $249,000. Finally, Financial Counselors Inc. grew its position in shares of CRH PLC by 1.7% during the first quarter. Financial Counselors Inc. now owns 7,654 shares of the construction companys stock worth $269,000 after buying an additional 126 shares in the last quarter. 4.05% of the stock is owned by institutional investors and hedge funds.
Separately, BidaskClub raised CRH PLC from a strong sell rating to a sell rating in a research report on Thursday, August 17th. Two analysts have rated the stock with a sell rating, three have issued a hold rating and three have issued a buy rating to the stock. CRH PLC has a consensus rating of Hold.
CRH PLC (NYSE CRH) opened at 34.86 on Tuesday. The company has a 50-day moving average price of $34.87 and a 200-day moving average price of $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 $29.09 billion, a P/E ratio of 18.79 and a beta of 0.98.
The business also recently announced a None dividend, which will be paid on Monday, November 13th. Investors of record on Friday, September 8th will be issued a dividend of $0.226 per share. This is an increase from CRH PLCs previous None dividend of $0.20. This represents a dividend yield of 1.33%. The ex-dividend date is Thursday, September 7th.
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