Lighthouse Investment Partners LLC Makes New $1.53 Million Investment in Compass Minerals International, Inc. (NYSE:CMP)

Lighthouse Investment Partners LLC acquired a new position in Compass Minerals International, Inc. (NYSE:CMP - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 136,346 shares of the basic materials company's stock, valued at approximately $1,534,000. Lighthouse Investment Partners LLC owned approximately 0.33% of Compass Minerals International as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Tsfg LLC acquired a new position in shares of Compass Minerals International during the fourth quarter worth $28,000. Denver PWM LLC lifted its position in shares of Compass Minerals International by 25.8% during the fourth quarter. Denver PWM LLC now owns 4,712 shares of the basic materials company's stock worth $53,000 after purchasing an additional 967 shares in the last quarter. KLP Kapitalforvaltning AS acquired a new position in shares of Compass Minerals International during the fourth quarter worth $80,000. New York State Common Retirement Fund lifted its position in shares of Compass Minerals International by 35.9% during the fourth quarter. New York State Common Retirement Fund now owns 7,189 shares of the basic materials company's stock worth $81,000 after purchasing an additional 1,900 shares in the last quarter. Finally, Corton Capital Inc. acquired a new position in shares of Compass Minerals International during the fourth quarter worth $127,000. Institutional investors and hedge funds own 99.78% of the company's stock.

Analyst Ratings Changes

A number of research analysts have recently commented on the stock. BMO Capital Markets boosted their target price on shares of Compass Minerals International from $15.00 to $20.00 and gave the stock a "market perform" rating in a research report on Monday, May 12th. JPMorgan Chase & Co. raised shares of Compass Minerals International from a "neutral" rating to an "overweight" rating and boosted their target price for the stock from $13.00 to $15.00 in a research report on Wednesday, February 12th. Finally, StockNews.com raised shares of Compass Minerals International from a "sell" rating to a "hold" rating in a report on Wednesday, February 12th.

Compass Minerals International Stock Down 1.6%

CMP traded down $0.31 during trading on Friday, hitting $19.19. The company had a trading volume of 632,095 shares, compared to its average volume of 812,372. The company has a market cap of $796.30 million, a PE ratio of -4.86 and a beta of 0.95. The business has a 50-day moving average of $12.13 and a 200-day moving average of $12.34. The company has a debt-to-equity ratio of 3.67, a current ratio of 2.37 and a quick ratio of 1.12. Compass Minerals International, Inc. has a 1-year low of $7.51 and a 1-year high of $20.17.

Compass Minerals International (NYSE:CMP - Get Free Report) last posted its quarterly earnings results on Wednesday, May 7th. The basic materials company reported $0.63 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.39 by $0.24. The firm had revenue of $494.60 million for the quarter, compared to analysts' expectations of $413.96 million. Compass Minerals International had a negative net margin of 15.10% and a negative return on equity of 10.00%. The firm's quarterly revenue was up 35.9% compared to the same quarter last year. As a group, analysts forecast that Compass Minerals International, Inc. will post -0.53 earnings per share for the current year.

About Compass Minerals International

Compass Minerals International, Inc, provides essential minerals in the United States, Canada, the United Kingdom, and internationally. It operates through two segments, Salt and Plant Nutrition. The Salt segment produces, markets, and sells sodium chloride and magnesium chloride, including rock salt, mechanically and solar evaporated salt, and brine and flake magnesium chloride products; and purchases potassium chloride and calcium chloride to sell as finished products or to blend with sodium chloride to produce specialty products.