Caxton Associates LP Buys New Position in Compass Minerals International, Inc. (NYSE:CMP)

Caxton Associates LP purchased a new position in Compass Minerals International, Inc. (NYSE:CMP - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 13,974 shares of the basic materials company's stock, valued at approximately $157,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of CMP. Barclays PLC lifted its position in shares of Compass Minerals International by 76.7% during the 3rd quarter. Barclays PLC now owns 92,803 shares of the basic materials company's stock valued at $1,116,000 after acquiring an additional 40,288 shares during the period. Jones Financial Companies Lllp lifted its position in shares of Compass Minerals International by 44.1% during the 4th quarter. Jones Financial Companies Lllp now owns 18,111 shares of the basic materials company's stock valued at $204,000 after acquiring an additional 5,544 shares during the period. Raymond James Financial Inc. acquired a new position in shares of Compass Minerals International during the 4th quarter valued at $1,439,000. Invesco Ltd. lifted its position in shares of Compass Minerals International by 42.2% during the 4th quarter. Invesco Ltd. now owns 199,794 shares of the basic materials company's stock valued at $2,248,000 after acquiring an additional 59,312 shares during the period. Finally, American Century Companies Inc. raised its holdings in Compass Minerals International by 77.8% during the fourth quarter. American Century Companies Inc. now owns 154,773 shares of the basic materials company's stock worth $1,741,000 after buying an additional 67,725 shares during the last quarter. Institutional investors and hedge funds own 99.78% of the company's stock.

Compass Minerals International Stock Down 1.3%

Shares of NYSE CMP traded down $0.26 during trading on Wednesday, hitting $19.47. The stock had a trading volume of 361,001 shares, compared to its average volume of 808,261. Compass Minerals International, Inc. has a 12 month low of $7.51 and a 12 month high of $20.27. The company has a debt-to-equity ratio of 3.67, a current ratio of 2.37 and a quick ratio of 1.12. The company has a market capitalization of $808.08 million, a PE ratio of -4.93 and a beta of 0.95. The firm has a fifty day moving average of $11.58 and a two-hundred day moving average of $12.21.

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

Wall Street Analysts Forecast Growth

Several research firms have weighed in on CMP. StockNews.com upgraded shares of Compass Minerals International from a "sell" rating to a "hold" rating in a report on Wednesday, February 12th. JPMorgan Chase & Co. upgraded shares of Compass Minerals International from a "neutral" rating to an "overweight" rating and upped their price objective for the stock from $13.00 to $15.00 in a report on Wednesday, February 12th. Finally, BMO Capital Markets upped their price objective on shares of Compass Minerals International from $15.00 to $20.00 and gave the stock a "market perform" rating in a report on Monday.

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.