Compass Minerals International, Inc. (NYSE:CMP) Stake Boosted by Lightrock Netherlands B.V.

Lightrock Netherlands B.V. raised its position in shares of Compass Minerals International, Inc. (NYSE:CMP - Free Report) by 33.6% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 755,373 shares of the basic materials company's stock after acquiring an additional 189,786 shares during the period. Compass Minerals International makes up 1.8% of Lightrock Netherlands B.V.'s portfolio, making the stock its 29th biggest holding. Lightrock Netherlands B.V. owned approximately 1.82% of Compass Minerals International worth $7,029,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of CMP. GAMMA Investing LLC raised its position in shares of 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 buying an additional 3,769 shares during the last quarter. KLP Kapitalforvaltning AS acquired a new position in shares of Compass Minerals International during the fourth quarter valued at about $80,000. Patriot Financial Group Insurance Agency LLC acquired a new position in shares of Compass Minerals International during the first quarter valued at about $110,000. Corton Capital Inc. acquired a new position in shares of Compass Minerals International during the fourth quarter valued at about $127,000. Finally, Freestone Grove Partners LP acquired a new position in Compass Minerals International in the fourth quarter worth about $149,000. 99.78% of the stock is currently owned by institutional investors.

Compass Minerals International Stock Performance

NYSE CMP opened at $22.42 on Friday. The firm has a market cap of $930.43 million, a price-to-earnings ratio of -6.30 and a beta of 1.11. The company has a 50 day moving average of $18.75 and a 200-day moving average of $13.81. The company has a current ratio of 1.84, a quick ratio of 1.12 and a debt-to-equity ratio of 3.37. Compass Minerals International, Inc. has a 1-year low of $7.51 and a 1-year high of $22.58.

Compass Minerals International (NYSE:CMP - Get Free Report) last released its quarterly earnings results 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 net margin of 12.15% and a negative return on equity of 24.24%. The business had revenue of $494.60 million for the quarter, compared to analysts' expectations of $413.96 million. Compass Minerals International's revenue for the quarter was up 35.9% compared to the same quarter last year. On average, equities analysts forecast that Compass Minerals International, Inc. will post -0.53 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms recently issued reports on CMP. Wall Street Zen lowered shares of Compass Minerals International from a "strong-buy" rating to a "buy" rating in a research report on Friday, June 27th. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and set a $22.00 price objective (up previously from $14.00) on shares of Compass Minerals International in a report on Monday, June 23rd. 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 report on Monday, May 12th.

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.

Want to see what other hedge funds are holding CMP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Compass Minerals International, Inc. (NYSE:CMP - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.