UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Grows Stake in Compass Minerals International, Inc. (NYSE:CMP)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in Compass Minerals International, Inc. (NYSE:CMP - Free Report) by 18.5% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 105,915 shares of the basic materials company's stock after acquiring an additional 16,558 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.26% of Compass Minerals International worth $1,192,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in CMP. SailingStone Capital Partners LLC grew 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 buying an additional 652,129 shares in the last quarter. Nuveen Asset Management LLC grew its position in Compass Minerals International by 642.5% in the 4th quarter. Nuveen Asset Management LLC now owns 1,058,551 shares of the basic materials company's stock valued at $11,909,000 after acquiring an additional 915,983 shares in the last quarter. Geode Capital Management LLC increased its stake in Compass Minerals International by 0.4% during the fourth quarter. Geode Capital Management LLC now owns 785,676 shares of the basic materials company's stock worth $8,842,000 after purchasing an additional 2,865 shares during the period. Michelson Medical Research Foundation Inc. lifted its position in shares of Compass Minerals International by 18.8% during the fourth quarter. Michelson Medical Research Foundation Inc. now owns 600,000 shares of the basic materials company's stock worth $6,750,000 after purchasing an additional 95,000 shares in the last quarter. Finally, Lightrock Netherlands B.V. purchased a new position in shares of Compass Minerals International in the fourth quarter valued at approximately $6,394,000. Institutional investors and hedge funds own 99.78% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the stock. BMO Capital Markets upped 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. Wall Street Zen upgraded shares of Compass Minerals International from a "buy" rating to a "strong-buy" rating in a research note on Sunday, June 8th.

Compass Minerals International Stock Down 0.9%

Shares of CMP traded down $0.17 during midday trading on Friday, hitting $19.04. The company had a trading volume of 14,041 shares, compared to its average volume of 815,869. Compass Minerals International, Inc. has a 1 year low of $7.51 and a 1 year high of $20.96. The firm has a market capitalization of $790.03 million, a P/E ratio of -4.83 and a beta of 1.11. The company has a debt-to-equity ratio of 3.67, a quick ratio of 1.12 and a current ratio of 2.37. The company's 50-day simple moving average is $15.79 and its 200-day simple moving average is $13.14.

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 earnings per share (EPS) 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 company had revenue of $494.60 million during the quarter, compared to the consensus estimate of $413.96 million. The business's quarterly revenue was up 35.9% compared to the same quarter last year. As a group, sell-side analysts expect that Compass Minerals International, Inc. will post -0.53 EPS for the current year.

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.