SG Americas Securities LLC Purchases 32,171 Shares of Compass Minerals International, Inc. (NYSE:CMP)

SG Americas Securities LLC boosted its stake in shares of Compass Minerals International, Inc. (NYSE:CMP - Free Report) by 266.5% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 44,244 shares of the basic materials company's stock after acquiring an additional 32,171 shares during the quarter. SG Americas Securities LLC owned 0.11% of Compass Minerals International worth $411,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Koch Inc. acquired a new position in Compass Minerals International during the fourth quarter worth $79,139,000. Jones Financial Companies Lllp raised its stake in 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 worth $204,000 after acquiring an additional 5,544 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in Compass Minerals International by 18.5% during the fourth 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 worth $1,192,000 after acquiring an additional 16,558 shares in the last quarter. Raymond James Financial Inc. acquired a new position in Compass Minerals International during the fourth quarter worth $1,439,000. Finally, Invesco Ltd. raised its stake in Compass Minerals International by 42.2% during the fourth quarter. Invesco Ltd. now owns 199,794 shares of the basic materials company's stock worth $2,248,000 after acquiring an additional 59,312 shares in the last quarter. 99.78% of the stock is currently owned by institutional investors and hedge funds.

Compass Minerals International Stock Performance

Compass Minerals International stock opened at $19.66 on Wednesday. The company has a market cap of $815.77 million, a PE ratio of -5.52 and a beta of 1.11. 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 $20.96. The company's 50-day moving average is $17.28 and its two-hundred day moving average is $13.39.

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 EPS for the quarter, topping 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 company had revenue of $494.60 million during the quarter, compared to analysts' expectations of $413.96 million. The company's quarterly revenue was up 35.9% on a year-over-year basis. Equities analysts anticipate that Compass Minerals International, Inc. will post -0.53 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on CMP shares. BMO Capital Markets raised their target price on 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. Deutsche Bank Aktiengesellschaft raised their target price on Compass Minerals International from $14.00 to $22.00 and gave the company a "buy" rating in a research note on Monday. Finally, Wall Street Zen upgraded Compass Minerals International from a "buy" rating to a "strong-buy" rating in a research note on Sunday, June 8th.

Compass Minerals International Profile

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.