Net Worth Advisory Group Purchases New Shares in Compass Minerals International, Inc. (NYSE:CMP)

Net Worth Advisory Group bought a new position in shares of Compass Minerals International, Inc. (NYSE:CMP - Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 19,161 shares of the basic materials company's stock, valued at approximately $178,000.

Other institutional investors have also recently bought and sold shares of the company. Koch Inc. acquired a new position in shares of Compass Minerals International in the fourth quarter valued at approximately $79,139,000. SailingStone Capital Partners LLC increased its stake in shares of Compass Minerals International by 13.7% in the fourth quarter. SailingStone Capital Partners LLC now owns 5,427,142 shares of the basic materials company's stock valued at $61,055,000 after buying an additional 652,129 shares during the period. Nuveen Asset Management LLC increased its stake in shares of Compass Minerals International by 642.5% in the fourth quarter. Nuveen Asset Management LLC now owns 1,058,551 shares of the basic materials company's stock valued at $11,909,000 after buying an additional 915,983 shares during the period. Geode Capital Management LLC increased its stake in shares of Compass Minerals International by 0.4% in the fourth quarter. Geode Capital Management LLC now owns 785,676 shares of the basic materials company's stock valued at $8,842,000 after buying an additional 2,865 shares during the period. Finally, Michelson Medical Research Foundation Inc. increased its stake in shares of Compass Minerals International by 18.8% in the fourth quarter. Michelson Medical Research Foundation Inc. now owns 600,000 shares of the basic materials company's stock valued at $6,750,000 after buying an additional 95,000 shares during the period. Institutional investors and hedge funds own 99.78% of the company's stock.

Compass Minerals International Trading Down 0.1%

Shares of Compass Minerals International stock traded down $0.02 on Friday, reaching $19.18. 346,122 shares of the company's stock were exchanged, compared to its average volume of 819,122. The company has a market capitalization of $796.05 million, a P/E ratio of -4.86 and a beta of 1.11. Compass Minerals International, Inc. has a 52 week low of $7.51 and a 52 week high of $20.96. The firm's 50-day moving average is $15.99 and its two-hundred day moving average is $13.15. The company has a debt-to-equity ratio of 3.67, a quick ratio of 1.12 and a current ratio of 2.37.

Compass Minerals International (NYSE:CMP - Get Free Report) last posted its quarterly earnings results on Wednesday, May 7th. The basic materials company reported $0.63 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.39 by $0.24. The firm had revenue of $494.60 million for the quarter, compared to analysts' expectations of $413.96 million. Compass Minerals International had a negative return on equity of 10.00% and a negative net margin of 15.10%. Compass Minerals International's revenue was up 35.9% compared to the same quarter last year. Sell-side analysts predict that Compass Minerals International, Inc. will post -0.53 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on the stock. Wall Street Zen raised 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 increased their target price on shares of Compass Minerals International from $15.00 to $20.00 and gave the company a "market perform" rating in a research 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.