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

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

Several other large investors have also recently made changes to their positions in the business. SailingStone Capital Partners LLC grew its position in shares of Compass Minerals International by 13.7% during the 4th quarter. SailingStone Capital Partners LLC now owns 5,427,142 shares of the basic materials company's stock valued at $61,055,000 after acquiring an additional 652,129 shares during the period. Nuveen Asset Management LLC raised its position in shares of Compass Minerals International by 642.5% during 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 buying an additional 915,983 shares in the last quarter. Geode Capital Management LLC raised its position in shares of Compass Minerals International by 0.4% during 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 buying an additional 2,865 shares in the last quarter. Michelson Medical Research Foundation Inc. raised its position in shares of Compass Minerals International by 18.8% during the 4th quarter. Michelson Medical Research Foundation Inc. now owns 600,000 shares of the basic materials company's stock valued at $6,750,000 after buying an additional 95,000 shares in the last quarter. Finally, Lightrock Netherlands B.V. bought a new position in Compass Minerals International during the 4th quarter valued at about $6,394,000. 99.78% of the stock is currently owned by hedge funds and other institutional investors.

Compass Minerals International Stock Down 0.1%

Shares of CMP stock traded down $0.02 during trading on Friday, reaching $19.18. The company's stock had a trading volume of 346,122 shares, compared to its average volume of 818,250. The company has a debt-to-equity ratio of 3.67, a current ratio of 2.37 and a quick ratio of 1.12. The company has a market capitalization of $796.05 million, a price-to-earnings ratio of -4.86 and a beta of 1.11. The stock's 50-day moving average price is $15.99 and its 200 day moving average price is $13.17. Compass Minerals International, Inc. has a 1-year low of $7.51 and a 1-year high of $20.96.

Compass Minerals International (NYSE:CMP - Get Free Report) last released its quarterly earnings results on Wednesday, May 7th. The basic materials company reported $0.63 EPS for the quarter, beating the consensus estimate of $0.39 by $0.24. The firm had revenue of $494.60 million during the quarter, compared to the consensus estimate 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 business'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

CMP has been the topic of a number of research analyst reports. 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. BMO Capital Markets increased their price objective on Compass Minerals International from $15.00 to $20.00 and gave the company a "market perform" rating in a report on Monday, May 12th.

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.