Trexquant Investment LP purchased a new position in shares of Compass Minerals International, Inc. (NYSE:CMP - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 23,791 shares of the basic materials company's stock, valued at approximately $268,000. Trexquant Investment LP owned approximately 0.06% of Compass Minerals International as of its most recent SEC filing.
A number of other hedge funds have also recently added to or reduced their stakes in CMP. Geode Capital Management LLC increased its position in Compass Minerals International by 0.4% during the 4th quarter. Geode Capital Management LLC now owns 785,676 shares of the basic materials company's stock worth $8,842,000 after purchasing an additional 2,865 shares during the period. Lightrock Netherlands B.V. acquired a new position in Compass Minerals International during the fourth quarter worth $6,394,000. Bard Financial Services Inc. raised its position in Compass Minerals International by 1.2% in the fourth quarter. Bard Financial Services Inc. now owns 189,615 shares of the basic materials company's stock worth $2,133,000 after acquiring an additional 2,250 shares in the last quarter. American Century Companies Inc. raised its position in Compass Minerals International by 77.8% in the fourth quarter. American Century Companies Inc. now owns 154,773 shares of the basic materials company's stock worth $1,741,000 after acquiring an additional 67,725 shares in the last quarter. Finally, Raymond James Financial Inc. purchased a new stake in shares of Compass Minerals International during the 4th quarter worth $1,439,000. Institutional investors and hedge funds own 99.78% of the company's stock.
Compass Minerals International Trading Up 1.6 %
Compass Minerals International stock traded up $0.18 during trading on Friday, reaching $11.33. The company had a trading volume of 571,856 shares, compared to its average volume of 796,722. The firm has a market capitalization of $470.24 million, a price-to-earnings ratio of -2.87 and a beta of 1.17. The stock's 50 day moving average price is $10.47 and its two-hundred day moving average price is $12.04. Compass Minerals International, Inc. has a 12-month low of $7.51 and a 12-month high of $15.82. The company has a debt-to-equity ratio of 3.67, a quick ratio of 1.12 and a current ratio of 2.37.
Compass Minerals International (NYSE:CMP - Get Free Report) last released its quarterly earnings data on Monday, February 10th. The basic materials company reported ($0.55) EPS for the quarter, missing analysts' consensus estimates of ($0.05) by ($0.50). Compass Minerals International had a negative return on equity of 10.00% and a negative net margin of 15.10%. As a group, equities analysts expect that Compass Minerals International, Inc. will post -0.53 earnings per share for the current fiscal year.
Analysts Set New Price Targets
CMP has been the subject of a number of research analyst reports. JPMorgan Chase & Co. upgraded shares of Compass Minerals International from a "neutral" rating to an "overweight" rating and increased their price target for the company from $13.00 to $15.00 in a report on Wednesday, February 12th. BMO Capital Markets dropped their target price on shares of Compass Minerals International from $18.00 to $17.00 and set a "market perform" rating for the company in a report on Wednesday, February 12th. Finally, StockNews.com raised Compass Minerals International from a "sell" rating to a "hold" rating in a research note on Wednesday, February 12th.
View Our Latest Stock Report on Compass Minerals International
About Compass Minerals International
(
Free Report)
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.
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