Squarepoint Ops LLC Boosts Stock Position in Compass Minerals International, Inc. (NYSE:CMP)

Squarepoint Ops LLC lifted its holdings in Compass Minerals International, Inc. (NYSE:CMP - Free Report) by 206.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 118,287 shares of the basic materials company's stock after buying an additional 79,681 shares during the period. Squarepoint Ops LLC owned about 0.29% of Compass Minerals International worth $1,331,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the business. Denver PWM LLC raised its position in Compass Minerals International by 25.8% during the fourth quarter. Denver PWM LLC now owns 4,712 shares of the basic materials company's stock valued at $53,000 after purchasing an additional 967 shares during the period. Price T Rowe Associates Inc. MD lifted its stake in Compass Minerals International by 2.7% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 38,063 shares of the basic materials company's stock worth $429,000 after purchasing an additional 983 shares during the last quarter. Schonfeld Strategic Advisors LLC raised its holdings in shares of Compass Minerals International by 7.0% in the fourth quarter. Schonfeld Strategic Advisors LLC now owns 20,540 shares of the basic materials company's stock worth $231,000 after buying an additional 1,340 shares during the period. Ironwood Investment Management LLC lifted its position in shares of Compass Minerals International by 6.2% during the fourth quarter. Ironwood Investment Management LLC now owns 29,842 shares of the basic materials company's stock worth $336,000 after purchasing an additional 1,738 shares during the last quarter. Finally, New York State Common Retirement Fund lifted its holdings in Compass Minerals International by 35.9% during the 4th quarter. New York State Common Retirement Fund now owns 7,189 shares of the basic materials company's stock valued at $81,000 after buying an additional 1,900 shares in the last quarter. Institutional investors own 99.78% of the company's stock.

Compass Minerals International Stock Performance

Shares of NYSE:CMP traded up $0.91 during midday trading on Wednesday, reaching $20.15. The company's stock had a trading volume of 681,731 shares, compared to its average volume of 823,021. Compass Minerals International, Inc. has a twelve month low of $7.51 and a twelve month high of $20.75. The company has a quick ratio of 1.12, a current ratio of 2.37 and a debt-to-equity ratio of 3.67. The firm has a market capitalization of $836.31 million, a PE ratio of -5.10 and a beta of 1.11. The stock has a fifty day moving average of $14.53 and a 200 day moving average of $12.94.

Compass Minerals International (NYSE:CMP - Get Free Report) last issued its earnings results on Wednesday, May 7th. The basic materials company reported $0.63 EPS for the quarter, topping analysts' consensus estimates 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 firm had revenue of $494.60 million for the quarter, compared to the consensus estimate of $413.96 million. The company's revenue was up 35.9% compared to the same quarter last year. On average, equities analysts expect that Compass Minerals International, Inc. will post -0.53 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on the company. BMO Capital Markets upped their target price on Compass Minerals International from $15.00 to $20.00 and gave the stock a "market perform" rating in a report on Monday, May 12th. Wall Street Zen upgraded shares of Compass Minerals International from a "hold" rating to a "buy" rating in a research note on Saturday. Finally, JPMorgan Chase & Co. raised Compass Minerals International from a "neutral" rating to an "overweight" rating and raised their price target for the stock from $13.00 to $15.00 in a report on Wednesday, February 12th.

Compass Minerals International Company Profile

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.