E. Ohman J or Asset Management AB Purchases 47,982 Shares of Compass Diversified (NYSE:CODI)

E. Ohman J or Asset Management AB boosted its position in Compass Diversified (NYSE:CODI - Free Report) by 59.1% in the first quarter, according to its most recent filing with the SEC. The institutional investor owned 129,152 shares of the financial services provider's stock after purchasing an additional 47,982 shares during the period. E. Ohman J or Asset Management AB owned about 0.17% of Compass Diversified worth $2,411,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Promus Capital LLC bought a new stake in Compass Diversified in the 4th quarter worth about $30,000. NBC Securities Inc. grew its position in Compass Diversified by 167,500.0% in the 1st quarter. NBC Securities Inc. now owns 1,676 shares of the financial services provider's stock worth $31,000 after purchasing an additional 1,675 shares in the last quarter. Millstone Evans Group LLC bought a new stake in Compass Diversified in the 4th quarter worth about $32,000. BankPlus Trust Department bought a new stake in Compass Diversified in the 4th quarter worth about $43,000. Finally, Sterling Capital Management LLC grew its position in shares of Compass Diversified by 827.4% during the 4th quarter. Sterling Capital Management LLC now owns 2,133 shares of the financial services provider's stock valued at $49,000 after acquiring an additional 1,903 shares during the period. 72.73% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on CODI. William Blair reissued an "outperform" rating on shares of Compass Diversified in a research report on Friday, February 28th. B. Riley downgraded shares of Compass Diversified from a "buy" rating to a "neutral" rating and reduced their target price for the company from $30.00 to $18.00 in a research report on Thursday, May 8th.

Compass Diversified Stock Up 0.5%

Compass Diversified stock opened at $7.20 on Friday. The firm has a 50 day moving average price of $12.67 and a 200-day moving average price of $18.50. The company has a market capitalization of $541.32 million, a P/E ratio of 14.99, a P/E/G ratio of 1.25 and a beta of 1.25. Compass Diversified has a twelve month low of $6.05 and a twelve month high of $24.59. The company has a quick ratio of 1.62, a current ratio of 4.22 and a debt-to-equity ratio of 1.51.

Compass Diversified Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, April 24th. Investors of record on Thursday, April 17th were issued a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 13.90%. The ex-dividend date of this dividend was Thursday, April 17th. Compass Diversified's dividend payout ratio (DPR) is presently -78.13%.

Compass Diversified Company Profile

Compass Diversified is a private equity firm specializing in add on acquisitions, buyouts, industry consolidation, recapitalization, late stage and middle market investments. It seeks to invest in niche industrial or branded consumer companies, manufacturing, distribution, consumer products, business services sector, healthcare, safety & security, electronic components, food and foodservice.

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