Krilogy Financial LLC cut its stake in Compass Minerals International, Inc. (NYSE:CMP - Free Report) by 30.8% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 67,265 shares of the basic materials company's stock after selling 30,000 shares during the period. Krilogy Financial LLC owned 0.16% of Compass Minerals International worth $625,000 as of its most recent SEC filing.
Other institutional investors have also modified their holdings of the company. New York State Common Retirement Fund raised its stake 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 valued at $81,000 after acquiring an additional 1,900 shares in the last quarter. Denver PWM LLC increased its holdings in shares of Compass Minerals International by 25.8% during the fourth quarter. Denver PWM LLC now owns 4,712 shares of the basic materials company's stock valued at $53,000 after purchasing an additional 967 shares during the period. Jones Financial Companies Lllp raised its stake in shares of Compass Minerals International by 44.1% during the fourth quarter. Jones Financial Companies Lllp now owns 18,111 shares of the basic materials company's stock valued at $204,000 after purchasing an additional 5,544 shares in the last quarter. Assetmark Inc. lifted its holdings in Compass Minerals International by 6,121.5% in the fourth quarter. Assetmark Inc. now owns 30,050 shares of the basic materials company's stock worth $338,000 after purchasing an additional 29,567 shares during the period. Finally, Raymond James Financial Inc. bought a new position in Compass Minerals International in the 4th quarter valued at about $1,439,000. Institutional investors own 99.78% of the company's stock.
Wall Street Analyst Weigh In
A number of analysts have commented on CMP shares. Wall Street Zen upgraded shares of Compass Minerals International from a "buy" rating to a "strong-buy" rating in a research report on Sunday, June 8th. BMO Capital Markets boosted their target price on Compass Minerals International from $15.00 to $20.00 and gave the stock a "market perform" rating in a report on Monday, May 12th.
Read Our Latest Stock Report on CMP
Compass Minerals International Price Performance
Shares of Compass Minerals International stock traded down $0.28 during trading on Wednesday, hitting $19.52. The stock had a trading volume of 199,514 shares, compared to its average volume of 814,943. The business has a fifty day moving average of $16.40 and a two-hundred day moving average of $13.21. Compass Minerals International, Inc. has a fifty-two week low of $7.51 and a fifty-two week high of $20.96. The firm has a market cap of $809.87 million, a P/E ratio of -5.48 and a beta of 1.11. The company has a debt-to-equity ratio of 3.37, a current ratio of 1.84 and a quick ratio of 1.12.
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, beating 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 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. On average, sell-side analysts expect that Compass Minerals International, Inc. will post -0.53 earnings per share for the current fiscal year.
About Compass Minerals International
(
Free Report)
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.
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