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Investors boost stakes in CRH plc, raising its institutional ownership to 62.50% and earning a "Buy" rating.
Investors have increased their stakes in CRH plc, a building materials solutions provider, with III Capital Management boosting its holdings by 29.0% and other firms like HighVista Strategies and JPMorgan also raising their stakes.
Institutional investors now own 62.50% of the company’s stock.
CRH, valued at $69.59 billion, recently announced a variable dividend of $0.262 per share, due on December 18.
Analysts have given CRH a consensus "Buy" rating with an average price target of $106.42.
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Los inversores aumentan las participaciones en CRH plc, elevando su propiedad institucional al 62,50% y obteniendo una calificación de "Comprar".