Aptus Capital Advisors LLC Has $7.60 Million Position in Compass Diversified (NYSE:CODI)

Aptus Capital Advisors LLC grew its stake in shares of Compass Diversified (NYSE:CODI - Free Report) by 22.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 329,462 shares of the financial services provider's stock after purchasing an additional 60,158 shares during the period. Aptus Capital Advisors LLC owned about 0.44% of Compass Diversified worth $7,604,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of CODI. Barclays PLC grew its holdings in shares of Compass Diversified by 296.3% during the third quarter. Barclays PLC now owns 105,774 shares of the financial services provider's stock valued at $2,341,000 after buying an additional 79,086 shares in the last quarter. D.A. Davidson & CO. lifted its position in shares of Compass Diversified by 22.3% in the fourth quarter. D.A. Davidson & CO. now owns 95,749 shares of the financial services provider's stock worth $2,210,000 after purchasing an additional 17,453 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of Compass Diversified by 121.2% during the fourth quarter. JPMorgan Chase & Co. now owns 204,628 shares of the financial services provider's stock worth $4,723,000 after purchasing an additional 112,111 shares during the period. Schroder Investment Management Group grew its position in Compass Diversified by 3.3% during the fourth quarter. Schroder Investment Management Group now owns 1,103,849 shares of the financial services provider's stock valued at $25,477,000 after purchasing an additional 35,200 shares in the last quarter. Finally, Magnolia Private Wealth LLC acquired a new position in Compass Diversified in the 4th quarter valued at approximately $515,000. Institutional investors and hedge funds own 72.73% of the company's stock.

Compass Diversified Stock Down 0.0 %

NYSE:CODI traded down $0.01 during mid-day trading on Wednesday, reaching $17.24. The stock had a trading volume of 256,468 shares, compared to its average volume of 231,774. The company has a debt-to-equity ratio of 1.51, a current ratio of 4.22 and a quick ratio of 1.62. The stock has a market cap of $1.30 billion, a P/E ratio of 35.91, a PEG ratio of 1.25 and a beta of 1.25. The business's 50 day moving average is $18.19 and its 200 day moving average is $20.74. Compass Diversified has a fifty-two week low of $15.64 and a fifty-two week high of $24.59.

Compass Diversified Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, April 24th. Stockholders of record on Thursday, April 17th were issued a dividend of $0.25 per share. The ex-dividend date of this dividend was Thursday, April 17th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 5.80%. Compass Diversified's dividend payout ratio is currently -78.13%.

Analysts Set New Price Targets

A number of brokerages have issued reports on CODI. B. Riley raised shares of Compass Diversified to a "strong-buy" rating in a research note on Tuesday, January 7th. William Blair reissued an "outperform" rating on shares of Compass Diversified in a research report on Friday, February 28th.

Compass Diversified Profile

Compass Diversified is a private equity firm specializing in add on acquisitions, buyouts, industry consolidation, recapitalization, late stage and middle market investments. It seeks to invest in niche industrial or branded consumer companies, manufacturing, distribution, consumer products, business services sector, healthcare, safety & security, electronic components, food and foodservice.