Koss Olinger Consulting LLC Has $789,000 Stock Position in Compass Minerals International, Inc. (NYSE:CMP)

Key Points

• Koss Olinger Consulting LLC increased its holdings in Compass Minerals International by 263.1% in the 1st quarter, acquiring an additional 61,506 shares to own a total of 84,880 shares worth approximately $789,000.
• The company's stock shows significant activity from other institutional investors, with ownership now at 99.78% of the company's equity.
• Compass Minerals International recently reported quarterly earnings of $0.63 per share, exceeding analysts' estimates, with a year-over-year revenue increase of 35.9%.

Koss Olinger Consulting LLC grew its holdings in shares of Compass Minerals International, Inc. (NYSE:CMP - Free Report) by 263.1% during the first quarter, according to the company in its most recent disclosure with the SEC. The fund owned 84,880 shares of the basic materials company's stock after buying an additional 61,506 shares during the quarter. Koss Olinger Consulting LLC owned 0.20% of Compass Minerals International worth $789,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Koch Inc. purchased a new stake in Compass Minerals International during the fourth quarter worth $79,139,000. Net Worth Advisory Group purchased a new stake in shares of Compass Minerals International during the 1st quarter valued at $178,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of Compass Minerals International by 18.5% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 105,915 shares of the basic materials company's stock valued at $1,192,000 after purchasing an additional 16,558 shares during the last quarter. GAMMA Investing LLC lifted its holdings 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 valued at $45,000 after purchasing an additional 3,769 shares during the last quarter. Finally, Invesco Ltd. lifted its holdings in shares of Compass Minerals International by 42.2% during the 4th quarter. Invesco Ltd. now owns 199,794 shares of the basic materials company's stock valued at $2,248,000 after purchasing an additional 59,312 shares during the last quarter. Institutional investors own 99.78% of the company's stock.

Compass Minerals International Stock Performance

NYSE CMP traded down $0.13 on Thursday, hitting $18.97. The stock had a trading volume of 229,787 shares, compared to its average volume of 662,208. Compass Minerals International, Inc. has a one year low of $7.51 and a one year high of $22.69. The company has a quick ratio of 1.12, a current ratio of 2.15 and a debt-to-equity ratio of 3.30. The stock has a market cap of $790.86 million, a price-to-earnings ratio of -6.47 and a beta of 1.11. The company's 50-day moving average is $20.55 and its two-hundred day moving average is $15.51.

Compass Minerals International (NYSE:CMP - Get Free Report) last issued its quarterly earnings results on Monday, August 11th. The basic materials company reported ($0.39) earnings per share for the quarter, missing analysts' consensus estimates of ($0.13) by ($0.26). The company had revenue of $214.60 million during the quarter, compared to analyst estimates of $208.60 million. Compass Minerals International had a negative return on equity of 16.70% and a negative net margin of 9.87%. The company's revenue was up 5.8% on a year-over-year basis. During the same period in the prior year, the company posted ($1.05) earnings per share. On average, analysts expect that Compass Minerals International, Inc. will post -0.53 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on the stock. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and issued a $22.00 price target (up from $14.00) on shares of Compass Minerals International in a research note on Monday, June 23rd. BMO Capital Markets upped their price objective on shares of Compass Minerals International from $15.00 to $20.00 and gave the company a "market perform" rating in a research note on Monday, May 12th. Wall Street Zen cut shares of Compass Minerals International from a "strong-buy" rating to a "buy" rating in a report on Friday, June 27th. Finally, JPMorgan Chase & Co. lowered shares of Compass Minerals International from an "overweight" rating to an "underweight" rating and lifted their price target for the company from $15.00 to $18.00 in a report on Wednesday.

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.