79,751 Shares in Compass Minerals International, Inc. $CMP Bought by Tejara Capital Ltd

Key Points

• Tejara Capital Ltd has made a new investment of approximately $741,000 in Compass Minerals International, acquiring 79,751 shares, which represents about 0.19% ownership of the company.
• In the 1st quarter, multiple institutional investors purchased stakes in Compass Minerals, contributing to a total of 99.78% institutional ownership of the stock.
• Compass Minerals posted a net loss of ($0.39) EPS in their latest quarterly financial results, missing analysts' expectations while revenue increased by 5.8% year-over-year.

Tejara Capital Ltd bought a new stake in Compass Minerals International, Inc. (NYSE:CMP - Free Report) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 79,751 shares of the basic materials company's stock, valued at approximately $741,000. Tejara Capital Ltd owned about 0.19% of Compass Minerals International as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in CMP. Geode Capital Management LLC increased its holdings in Compass Minerals International by 0.4% in the 4th quarter. Geode Capital Management LLC now owns 785,676 shares of the basic materials company's stock valued at $8,842,000 after purchasing an additional 2,865 shares during the last quarter. Wells Fargo & Company MN grew its stake in shares of Compass Minerals International by 24.2% in the fourth quarter. Wells Fargo & Company MN now owns 27,122 shares of the basic materials company's stock valued at $305,000 after buying an additional 5,292 shares in the last quarter. Invesco Ltd. grew its stake in shares of Compass Minerals International by 42.2% in the fourth quarter. Invesco Ltd. now owns 199,794 shares of the basic materials company's stock valued at $2,248,000 after buying an additional 59,312 shares in the last quarter. Raymond James Financial Inc. acquired a new position in Compass Minerals International in the 4th quarter valued at about $1,439,000. Finally, Tower Research Capital LLC TRC grew its position in Compass Minerals International by 811.2% in the 4th quarter. Tower Research Capital LLC TRC now owns 13,413 shares of the basic materials company's stock valued at $151,000 after acquiring an additional 11,941 shares in the last quarter. Institutional investors and hedge funds own 99.78% of the company's stock.

Compass Minerals International Stock Performance

Shares of CMP stock traded down $0.0290 during trading hours on Wednesday, hitting $18.8210. The stock had a trading volume of 317,615 shares, compared to its average volume of 471,762. The firm has a market capitalization of $784.65 million, a PE ratio of -6.45 and a beta of 1.11. Compass Minerals International, Inc. has a twelve month low of $7.51 and a twelve month high of $22.69. The stock's 50 day moving average is $20.45 and its 200 day moving average is $15.75. The company has a debt-to-equity ratio of 3.30, a current ratio of 2.15 and a quick ratio of 1.15.

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 business had revenue of $214.60 million for 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 firm's revenue for the quarter was up 5.8% on a year-over-year basis. During the same quarter in the prior year, the company earned ($1.05) EPS. Compass Minerals International has set its FY 2025 guidance at EPS. As a group, research analysts forecast that Compass Minerals International, Inc. will post -0.53 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the stock. Wall Street Zen cut shares of Compass Minerals International from a "buy" rating to a "hold" rating in a report on Saturday. BMO Capital Markets boosted their target price on shares of Compass Minerals International from $15.00 to $20.00 and gave the stock a "market perform" rating in a research note on Monday, May 12th. JPMorgan Chase & Co. reissued an "underweight" rating and issued a $18.00 target price (up previously from $15.00) on shares of Compass Minerals International in a report on Wednesday, August 13th. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and set a $22.00 price objective (up from $14.00) on shares of Compass Minerals International in a research report on Monday, June 23rd. Finally, Zacks Research raised Compass Minerals International to a "hold" rating in a research report on Monday, August 11th. One analyst has rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat, Compass Minerals International presently has a consensus rating of "Hold" and a consensus target price of $20.00.

Compass Minerals International Company 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.