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Institutional investors boost stakes in CRH Plc despite Q4 losses, earning a "Buy" rating.
Institutional investors are increasing their stakes in CRH Plc, a construction company.
Sumitomo Mitsui Trust Group Inc. has raised its holdings by 11.9%, now owning 1,748,643 shares, while Robeco Institutional Asset Management B.V. increased its holdings by 14.5%.
Despite a Q4 loss of $0.12 per share, missing analyst estimates, CRH has a consensus "Buy" rating with a $114.18 target price.
The company operates in four segments providing building materials and solutions internationally.
CRH's stock market cap is $61.83 billion, with a P/E ratio of 19.39.
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Los inversores institucionales aumentan las participaciones en CRH Plc a pesar de las pérdidas del cuarto trimestre, obteniendo una calificación de "Comprar".