Compass Minerals International, Inc. (NYSE:CMP) Stock Holdings Lifted by Two Sigma Investments LP

Two Sigma Investments LP raised its stake in Compass Minerals International, Inc. (NYSE:CMP - Free Report) by 27.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 86,090 shares of the basic materials company's stock after acquiring an additional 18,326 shares during the period. Two Sigma Investments LP owned 0.21% of Compass Minerals International worth $969,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of CMP. 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 purchasing an additional 915,983 shares during the period. 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 purchasing an additional 652,129 shares during the period. Lightrock Netherlands B.V. acquired a new stake in shares of Compass Minerals International in the fourth quarter valued at approximately $6,394,000. Icon Advisers Inc. Co. increased its stake in shares of Compass Minerals International by 375.0% in the fourth quarter. Icon Advisers Inc. Co. now owns 475,000 shares of the basic materials company's stock valued at $5,344,000 after purchasing an additional 375,000 shares during the period. Finally, Concentric Capital Strategies LP acquired a new stake in shares of Compass Minerals International in the fourth quarter valued at approximately $3,937,000. 99.78% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

CMP has been the subject of a number of research analyst reports. JPMorgan Chase & Co. raised shares of Compass Minerals International from a "neutral" rating to an "overweight" rating and upped their price target for the stock from $13.00 to $15.00 in a research note on Wednesday, February 12th. BMO Capital Markets upped their price target 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. Finally, Wall Street Zen raised shares of Compass Minerals International from a "buy" rating to a "strong-buy" rating in a research note on Sunday.

Compass Minerals International Price Performance

Shares of NYSE:CMP traded up $0.39 during trading on Monday, reaching $20.29. The company had a trading volume of 869,966 shares, compared to its average volume of 823,181. The firm's fifty day moving average is $15.18 and its 200 day moving average is $13.02. The firm has a market capitalization of $842.20 million, a PE ratio of -5.14 and a beta of 1.11. Compass Minerals International, Inc. has a twelve month low of $7.51 and a twelve month high of $20.92. 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 announced its quarterly earnings data on Wednesday, May 7th. The basic materials company reported $0.63 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.39 by $0.24. The company had revenue of $494.60 million for the quarter, compared to analysts' expectations of $413.96 million. Compass Minerals International had a negative net margin of 15.10% and a negative return on equity of 10.00%. The company's quarterly revenue was up 35.9% compared to the same quarter last year. On average, equities analysts forecast that Compass Minerals International, Inc. will post -0.53 EPS for the current year.

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.