Bard Financial Services Inc. Sells 99,915 Shares of Compass Minerals International, Inc. (NYSE:CMP)

Bard Financial Services Inc. lowered its position in shares of Compass Minerals International, Inc. (NYSE:CMP - Free Report) by 52.7% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 89,700 shares of the basic materials company's stock after selling 99,915 shares during the quarter. Bard Financial Services Inc. owned 0.22% of Compass Minerals International worth $833,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of CMP. Koch Inc. acquired a new position in Compass Minerals International during the 4th quarter worth approximately $79,139,000. Nuveen Asset Management LLC boosted its position in Compass Minerals International by 642.5% during the 4th quarter. Nuveen Asset Management LLC now owns 1,058,551 shares of the basic materials company's stock worth $11,909,000 after acquiring an additional 915,983 shares during the last quarter. SailingStone Capital Partners LLC boosted its position in Compass Minerals International by 13.7% during the 4th quarter. SailingStone Capital Partners LLC now owns 5,427,142 shares of the basic materials company's stock worth $61,055,000 after acquiring an additional 652,129 shares during the last quarter. Lightrock Netherlands B.V. acquired a new position in Compass Minerals International during the 4th quarter worth approximately $6,394,000. Finally, Icon Advisers Inc. Co. boosted its holdings in shares of Compass Minerals International by 375.0% in the 4th quarter. Icon Advisers Inc. Co. now owns 475,000 shares of the basic materials company's stock valued at $5,344,000 after buying an additional 375,000 shares during the last quarter. Institutional investors and hedge funds own 99.78% of the company's stock.

Compass Minerals International Stock Down 0.1%

Shares of NYSE CMP traded down $0.02 during trading hours on Friday, hitting $19.18. The company had a trading volume of 346,122 shares, compared to its average volume of 819,122. The stock has a market capitalization of $796.05 million, a P/E ratio of -4.86 and a beta of 1.11. The company has a quick ratio of 1.12, a current ratio of 2.37 and a debt-to-equity ratio of 3.67. Compass Minerals International, Inc. has a 1-year low of $7.51 and a 1-year high of $20.96. The firm's 50 day moving average is $15.99 and its 200-day moving average is $13.15.

Compass Minerals International (NYSE:CMP - Get Free Report) last released its quarterly earnings data on Wednesday, May 7th. The basic materials company reported $0.63 EPS for the quarter, beating the consensus estimate of $0.39 by $0.24. Compass Minerals International had a negative return on equity of 10.00% and a negative net margin of 15.10%. The company had revenue of $494.60 million during the quarter, compared to the consensus estimate of $413.96 million. The business's revenue was up 35.9% on a year-over-year basis. On average, analysts expect that Compass Minerals International, Inc. will post -0.53 earnings per share for the current fiscal year.

Analyst Ratings Changes

CMP has been the subject of several recent analyst reports. BMO Capital Markets increased their price objective on Compass Minerals International from $15.00 to $20.00 and gave the company a "market perform" rating in a report on Monday, May 12th. Wall Street Zen raised Compass Minerals International from a "buy" rating to a "strong-buy" rating in a report on Sunday, June 8th.

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.