Hsbc Holdings PLC lifted its stake in Compass Minerals International, Inc. (NYSE:CMP - Free Report) by 138.2% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 91,003 shares of the basic materials company's stock after purchasing an additional 52,799 shares during the period. Hsbc Holdings PLC owned 0.22% of Compass Minerals International worth $990,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also added to or reduced their stakes in CMP. Lightrock Netherlands B.V. bought a new position in Compass Minerals International during the fourth quarter worth about $6,394,000. Icon Advisers Inc. Co. boosted its stake in Compass Minerals International by 375.0% during the 4th quarter. Icon Advisers Inc. Co. now owns 475,000 shares of the basic materials company's stock worth $5,344,000 after acquiring an additional 375,000 shares during the last quarter. Kennedy Capital Management LLC acquired a new position in Compass Minerals International during the fourth quarter valued at approximately $3,533,000. Raymond James Financial Inc. bought a new stake in Compass Minerals International in the fourth quarter valued at approximately $1,439,000. Finally, American Century Companies Inc. raised its holdings in Compass Minerals International by 77.8% in the fourth quarter. American Century Companies Inc. now owns 154,773 shares of the basic materials company's stock worth $1,741,000 after purchasing an additional 67,725 shares during the period. Institutional investors own 99.78% of the company's stock.
Analyst Ratings Changes
Several equities analysts have recently issued reports on the stock. JPMorgan Chase & Co. raised shares of Compass Minerals International from a "neutral" rating to an "overweight" rating and boosted their price target for the company from $13.00 to $15.00 in a report on Wednesday, February 12th. BMO Capital Markets lowered their price target on Compass Minerals International from $18.00 to $17.00 and set a "market perform" rating for the company in a report on Wednesday, February 12th. Finally, StockNews.com upgraded Compass Minerals International from a "sell" rating to a "hold" rating in a report on Wednesday, February 12th.
View Our Latest Stock Report on Compass Minerals International
Compass Minerals International Trading Up 5.4 %
NYSE CMP opened at $13.70 on Friday. The stock has a market capitalization of $568.60 million, a price-to-earnings ratio of -3.47 and a beta of 1.17. Compass Minerals International, Inc. has a 52 week low of $7.51 and a 52 week high of $15.82. The stock's 50 day moving average price is $10.67 and its two-hundred day moving average price is $12.05. 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 issued its quarterly earnings results on Monday, February 10th. The basic materials company reported ($0.55) EPS for the quarter, missing the consensus estimate of ($0.05) by ($0.50). Compass Minerals International had a negative return on equity of 10.00% and a negative net margin of 15.10%. As a group, analysts anticipate that Compass Minerals International, Inc. will post -0.53 earnings per share for the current fiscal year.
About Compass Minerals International
(
Free Report)
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.
Read More
Want to see what other hedge funds are holding CMP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Compass Minerals International, Inc. (NYSE:CMP - Free Report).
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Compass Minerals International, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Compass Minerals International wasn't on the list.
While Compass Minerals International currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Spring 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
