BNP Paribas Financial Markets Acquires 119,135 Shares of Compass Minerals International, Inc. (NYSE:CMP)

BNP Paribas Financial Markets grew its stake in Compass Minerals International, Inc. (NYSE:CMP - Free Report) by 500.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 142,938 shares of the basic materials company's stock after purchasing an additional 119,135 shares during the quarter. BNP Paribas Financial Markets owned approximately 0.34% of Compass Minerals International worth $1,608,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the stock. Denver PWM LLC grew its stake in Compass Minerals International by 25.8% in the 4th quarter. Denver PWM LLC now owns 4,712 shares of the basic materials company's stock valued at $53,000 after buying an additional 967 shares during the last quarter. KLP Kapitalforvaltning AS bought a new position in shares of Compass Minerals International during the fourth quarter worth approximately $80,000. 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 worth $81,000 after purchasing an additional 1,900 shares during the last quarter. Freestone Grove Partners LP bought a new stake in Compass Minerals International in the 4th quarter valued at $149,000. Finally, Tower Research Capital LLC TRC grew its holdings in Compass Minerals International by 811.2% in the 4th quarter. Tower Research Capital LLC TRC now owns 13,413 shares of the basic materials company's stock valued at $151,000 after buying an additional 11,941 shares in the last quarter. 99.78% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on CMP shares. Wall Street Zen downgraded shares of Compass Minerals International from a "buy" rating to a "hold" rating in a research note on Thursday. JPMorgan Chase & Co. upgraded shares of Compass Minerals International from a "neutral" rating to an "overweight" rating and increased their target price for the stock from $13.00 to $15.00 in a research report on Wednesday, February 12th. Finally, BMO Capital Markets raised their target price 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, May 12th.

Compass Minerals International Price Performance

CMP traded up $0.17 on Friday, hitting $19.21. 393,596 shares of the stock were exchanged, compared to its average volume of 813,303. The firm has a market capitalization of $797.21 million, a price-to-earnings ratio of -4.86 and a beta of 0.95. The company has a debt-to-equity ratio of 3.67, a current ratio of 2.37 and a quick ratio of 1.12. Compass Minerals International, Inc. has a 12 month low of $7.51 and a 12 month high of $20.17. The business has a 50-day moving average of $12.98 and a two-hundred day moving average of $12.58.

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

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.