Lightrock Netherlands B.V. Has $7.03 Million Position in Compass Minerals International, Inc. (NYSE:CMP)

Lightrock Netherlands B.V. grew its stake in shares of Compass Minerals International, Inc. (NYSE:CMP - Free Report) by 33.6% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 755,373 shares of the basic materials company's stock after acquiring an additional 189,786 shares during the period. Compass Minerals International comprises approximately 1.8% of Lightrock Netherlands B.V.'s holdings, making the stock its 29th biggest position. Lightrock Netherlands B.V. owned 1.82% of Compass Minerals International worth $7,029,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in CMP. GAMMA Investing LLC raised its position in shares of Compass Minerals International by 361.4% during the 1st quarter. GAMMA Investing LLC now owns 4,812 shares of the basic materials company's stock worth $45,000 after buying an additional 3,769 shares in the last quarter. KLP Kapitalforvaltning AS bought a new stake in shares of Compass Minerals International in the 4th quarter worth approximately $80,000. Patriot Financial Group Insurance Agency LLC bought a new stake in shares of Compass Minerals International in the 1st quarter worth approximately $110,000. Corton Capital Inc. bought a new stake in shares of Compass Minerals International in the 4th quarter worth approximately $127,000. Finally, Freestone Grove Partners LP bought a new stake in shares of Compass Minerals International in the 4th quarter worth approximately $149,000. 99.78% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts recently commented on the stock. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and issued a $22.00 target price (up from $14.00) on shares of Compass Minerals International in a report on Monday, June 23rd. Wall Street Zen downgraded shares of Compass Minerals International from a "strong-buy" rating to a "buy" rating in a research report on Friday, June 27th. Finally, BMO Capital Markets raised 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 research note on Monday, May 12th.

Compass Minerals International Stock Down 0.1%

Shares of NYSE CMP traded down $0.02 during mid-day trading on Tuesday, reaching $21.88. The company had a trading volume of 753,586 shares, compared to its average volume of 806,783. Compass Minerals International, Inc. has a twelve month low of $7.51 and a twelve month high of $22.69. The company has a debt-to-equity ratio of 3.37, a quick ratio of 1.12 and a current ratio of 1.84. The stock has a market capitalization of $908.02 million, a PE ratio of -6.15 and a beta of 1.11. The stock's 50 day moving average is $19.10 and its 200-day moving average is $13.97.

Compass Minerals International (NYSE:CMP - Get Free Report) last posted its earnings results on Wednesday, May 7th. The basic materials company reported $0.63 EPS for the quarter, topping the consensus estimate of $0.39 by $0.24. The firm had revenue of $494.60 million for the quarter, compared to the consensus estimate of $413.96 million. Compass Minerals International had a negative net margin of 12.15% and a negative return on equity of 24.24%. Compass Minerals International's revenue was up 35.9% compared to the same quarter last year. As a group, equities analysts anticipate that Compass Minerals International, Inc. will post -0.53 earnings per share 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.