Sherbrooke Park Advisers LLC Acquires Shares of 26,388 Compass Minerals International, Inc. (NYSE:CMP)

Sherbrooke Park Advisers LLC purchased a new stake in Compass Minerals International, Inc. (NYSE:CMP - Free Report) in the 4th quarter, according to its most recent filing with the SEC. The fund purchased 26,388 shares of the basic materials company's stock, valued at approximately $297,000. Sherbrooke Park Advisers LLC owned about 0.06% of Compass Minerals International as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. Denver PWM LLC raised its holdings in Compass Minerals International by 25.8% in the 4th quarter. Denver PWM LLC now owns 4,712 shares of the basic materials company's stock valued at $53,000 after acquiring an additional 967 shares during the last quarter. KLP Kapitalforvaltning AS acquired a new position in Compass Minerals International in the 4th quarter valued at $80,000. New York State Common Retirement Fund raised its holdings in Compass Minerals International by 35.9% in 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 during the last quarter. Corton Capital Inc. acquired a new position in Compass Minerals International in the 4th quarter valued at $127,000. Finally, Freestone Grove Partners LP acquired a new stake in shares of Compass Minerals International during the 4th quarter worth $149,000. 99.78% of the stock is currently owned by institutional investors and hedge funds.

Compass Minerals International Trading Up 0.9%

Shares of CMP stock traded up $0.17 on Friday, reaching $19.21. 393,596 shares of the stock were exchanged, compared to its average volume of 815,101. The firm has a 50 day moving average of $12.98 and a two-hundred day moving average of $12.57. The company has a quick ratio of 1.12, a current ratio of 2.37 and a debt-to-equity ratio of 3.67. Compass Minerals International, Inc. has a 1-year low of $7.51 and a 1-year high of $20.17. The stock has a market cap of $797.21 million, a P/E ratio of -4.86 and a beta of 0.95.

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

Wall Street Analyst Weigh In

A number of analysts have recently commented on the company. BMO Capital Markets upped their price objective 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. JPMorgan Chase & Co. upgraded Compass Minerals International from a "neutral" rating to an "overweight" rating and upped their price objective for the stock from $13.00 to $15.00 in a report on Wednesday, February 12th. Finally, Wall Street Zen downgraded Compass Minerals International from a "buy" rating to a "hold" rating in a report on Thursday.

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.