Baader Bank Aktiengesellschaft Acquires Shares of 15,078 Compass Minerals International, Inc. $CMP

Key Points

• Baader Bank Aktiengesellschaft has acquired 15,078 shares of Compass Minerals International, valued at approximately $302,000, during the 2nd quarter.
• Compass Minerals has received varied ratings from analysts, with **JPMorgan Chase** maintaining an "underweight" rating and raising the price target to **$18.00**, while **Deutsche Bank** upgraded the rating to "buy" with a price objective of **$22.00**.
• For the last quarter, Compass Minerals reported an EPS of **($0.39)**, missing estimates by **$0.26**, while revenue increased by **5.8%** year-over-year to **$214.60 million**.

Baader Bank Aktiengesellschaft purchased a new position in Compass Minerals International, Inc. (NYSE:CMP - Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 15,078 shares of the basic materials company's stock, valued at approximately $302,000.

Other hedge funds have also recently modified their holdings of the company. Koch Inc. purchased a new stake in Compass Minerals International during the fourth quarter valued at $79,139,000. Net Worth Advisory Group purchased a new stake in Compass Minerals International during the first quarter valued at $178,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in Compass Minerals International by 18.5% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 105,915 shares of the basic materials company's stock valued at $1,192,000 after acquiring an additional 16,558 shares during the last quarter. Cubist Systematic Strategies LLC increased its position in Compass Minerals International by 19.4% during the first quarter. Cubist Systematic Strategies LLC now owns 305,753 shares of the basic materials company's stock valued at $2,840,000 after acquiring an additional 49,668 shares during the last quarter. Finally, GAMMA Investing LLC increased its position in Compass Minerals International by 361.4% during the first quarter. GAMMA Investing LLC now owns 4,812 shares of the basic materials company's stock valued at $45,000 after acquiring an additional 3,769 shares during the last quarter. Hedge funds and other institutional investors own 99.78% of the company's stock.

Compass Minerals International Stock Performance

NYSE CMP traded up $0.12 during trading on Tuesday, reaching $18.36. The company's stock had a trading volume of 14,830 shares, compared to its average volume of 619,273. The company has a current ratio of 2.15, a quick ratio of 1.15 and a debt-to-equity ratio of 3.30. The firm has a market capitalization of $765.60 million, a price-to-earnings ratio of -6.29 and a beta of 1.07. Compass Minerals International, Inc. has a 12 month low of $8.60 and a 12 month high of $22.69. The firm has a 50 day moving average price of $19.57 and a 200 day moving average price of $17.01.

Compass Minerals International (NYSE:CMP - Get Free Report) last posted its quarterly earnings data on Monday, August 11th. The basic materials company reported ($0.39) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.13) by ($0.26). Compass Minerals International had a negative net margin of 9.87% and a negative return on equity of 16.70%. The business had revenue of $214.60 million during the quarter, compared to the consensus estimate of $208.60 million. During the same period in the prior year, the firm earned ($1.05) EPS. The business's revenue for the quarter was up 5.8% on a year-over-year basis. Compass Minerals International has set its FY 2025 guidance at EPS. As a group, equities analysts anticipate that Compass Minerals International, Inc. will post -0.53 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts recently commented on CMP shares. Wall Street Zen cut Compass Minerals International from a "buy" rating to a "hold" rating in a research report on Saturday, August 16th. JPMorgan Chase & Co. reaffirmed an "underweight" rating and set a $18.00 price objective (up from $15.00) on shares of Compass Minerals International in a research report on Wednesday, August 13th. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and set a $22.00 price objective (up from $14.00) on shares of Compass Minerals International in a research report on Monday, June 23rd. Finally, Zacks Research raised Compass Minerals International to a "hold" rating in a research report on Monday, August 11th. One equities research analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Compass Minerals International currently has an average rating of "Hold" and a consensus target price of $20.00.

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.