Two Sigma Investments LP Buys 18,326 Shares of Compass Minerals International, Inc. (NYSE:CMP)

Two Sigma Investments LP raised its holdings in shares of Compass Minerals International, Inc. (NYSE:CMP - Free Report) by 27.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund 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 about 0.21% of Compass Minerals International worth $969,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Denver PWM LLC boosted its stake in shares of 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 purchasing an additional 967 shares in the last quarter. KLP Kapitalforvaltning AS bought a new stake in Compass Minerals International in the fourth quarter worth $80,000. New York State Common Retirement Fund boosted its position in Compass Minerals International by 35.9% during the fourth quarter. New York State Common Retirement Fund now owns 7,189 shares of the basic materials company's stock valued at $81,000 after buying an additional 1,900 shares during the period. Corton Capital Inc. purchased a new stake in Compass Minerals International during the fourth quarter valued at about $127,000. Finally, Freestone Grove Partners LP bought a new position in shares of Compass Minerals International during the fourth quarter valued at about $149,000. 99.78% of the stock is owned by hedge funds and other institutional investors.

Compass Minerals International Trading Down 3.2%

Shares of Compass Minerals International stock traded down $0.65 during trading on Tuesday, reaching $19.64. 473,393 shares of the stock were exchanged, compared to its average volume of 820,597. The company has a quick ratio of 1.12, a current ratio of 2.37 and a debt-to-equity ratio of 3.67. The firm has a market cap of $815.06 million, a price-to-earnings ratio of -4.97 and a beta of 1.11. Compass Minerals International, Inc. has a 1 year low of $7.51 and a 1 year high of $20.96. The stock's fifty day moving average is $15.39 and its 200 day moving average is $13.07.

Compass Minerals International (NYSE:CMP - Get Free Report) last released its quarterly earnings data on Wednesday, May 7th. The basic materials company reported $0.63 earnings per share for the quarter, topping the consensus estimate of $0.39 by $0.24. The business had revenue of $494.60 million during 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%. The business's revenue for the quarter was up 35.9% on a year-over-year basis. As a group, equities research analysts expect that Compass Minerals International, Inc. will post -0.53 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on CMP. BMO Capital Markets raised their price target on Compass Minerals International from $15.00 to $20.00 and gave the stock a "market perform" rating in a research report on Monday, May 12th. Wall Street Zen raised Compass Minerals International from a "buy" rating to a "strong-buy" rating in a research note on Sunday. Finally, JPMorgan Chase & Co. raised shares of Compass Minerals International from a "neutral" rating to an "overweight" rating and lifted their target price for the stock from $13.00 to $15.00 in a research note on Wednesday, February 12th.

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.