Barclays PLC Grows Position in Compass Diversified (NYSE:CODI)

Barclays PLC boosted its holdings in Compass Diversified (NYSE:CODI - Free Report) by 23.7% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 130,871 shares of the financial services provider's stock after buying an additional 25,097 shares during the period. Barclays PLC owned 0.17% of Compass Diversified worth $3,020,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of CODI. Promus Capital LLC purchased a new position in shares of Compass Diversified in the fourth quarter worth $30,000. Millstone Evans Group LLC purchased a new stake in Compass Diversified in the 4th quarter worth $32,000. BankPlus Trust Department purchased a new stake in Compass Diversified in the 4th quarter worth $43,000. Sterling Capital Management LLC boosted its holdings in shares of Compass Diversified by 827.4% during the 4th quarter. Sterling Capital Management LLC now owns 2,133 shares of the financial services provider's stock valued at $49,000 after purchasing an additional 1,903 shares during the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. grew its position in shares of Compass Diversified by 29.6% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 3,194 shares of the financial services provider's stock valued at $74,000 after purchasing an additional 729 shares in the last quarter. 72.73% of the stock is owned by institutional investors.

Analysts Set New Price Targets

CODI has been the subject of a number of research reports. William Blair restated an "outperform" rating on shares of Compass Diversified in a report on Friday, February 28th. B. Riley upgraded Compass Diversified to a "strong-buy" rating in a research report on Tuesday, January 7th.

Compass Diversified Trading Up 3.6 %

Shares of NYSE:CODI traded up $0.62 during trading on Friday, reaching $17.64. The company's stock had a trading volume of 236,405 shares, compared to its average volume of 230,687. The stock has a market capitalization of $1.33 billion, a PE ratio of 36.75, a price-to-earnings-growth ratio of 1.25 and a beta of 1.55. Compass Diversified has a 12 month low of $15.64 and a 12 month high of $24.59. The company has a current ratio of 4.22, a quick ratio of 1.62 and a debt-to-equity ratio of 1.51. The firm's 50 day simple moving average is $18.36 and its two-hundred day simple moving average is $20.84.

Compass Diversified Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, April 24th. Stockholders of record on Thursday, April 17th were issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 5.67%. The ex-dividend date was Thursday, April 17th. Compass Diversified's dividend payout ratio (DPR) is -78.13%.

About Compass Diversified

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.