Invesco Ltd. Increases Holdings in Compass Minerals International, Inc. (NYSE:CMP)

Invesco Ltd. raised its holdings in Compass Minerals International, Inc. (NYSE:CMP - Free Report) by 42.2% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 199,794 shares of the basic materials company's stock after purchasing an additional 59,312 shares during the period. Invesco Ltd. owned approximately 0.48% of Compass Minerals International worth $2,248,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in CMP. Tsfg LLC bought a new stake in shares of Compass Minerals International during the 4th quarter worth approximately $28,000. Denver PWM LLC boosted its position in shares of Compass Minerals International by 33.8% during the 3rd quarter. Denver PWM LLC now owns 3,745 shares of the basic materials company's stock valued at $45,000 after purchasing an additional 946 shares in the last quarter. KLP Kapitalforvaltning AS acquired a new stake in Compass Minerals International in the fourth quarter worth $80,000. New York State Common Retirement Fund increased its stake in Compass Minerals International by 35.9% in 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 purchasing an additional 1,900 shares in the last quarter. Finally, Intech Investment Management LLC acquired a new position in shares of Compass Minerals International during the fourth quarter valued at about $187,000. 99.78% of the stock is owned by institutional investors.

Compass Minerals International Stock Up 5.4 %

NYSE CMP traded up $0.70 during trading hours on Friday, hitting $13.70. The company's stock had a trading volume of 879,468 shares, compared to its average volume of 797,368. The company has a market capitalization of $568.60 million, a PE ratio of -3.47 and a beta of 1.17. The company has a current ratio of 2.37, a quick ratio of 1.12 and a debt-to-equity ratio of 3.67. Compass Minerals International, Inc. has a 52 week low of $7.51 and a 52 week high of $15.82. The company's 50-day simple moving average is $10.67 and its two-hundred day simple moving average is $12.05.

Compass Minerals International (NYSE:CMP - Get Free Report) last issued its quarterly earnings data 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%. Research analysts anticipate that Compass Minerals International, Inc. will post -0.53 EPS for the current fiscal year.

Analyst Ratings Changes

Several analysts have recently commented on the company. StockNews.com upgraded Compass Minerals International from a "sell" rating to a "hold" rating in a research note on Wednesday, February 12th. BMO Capital Markets lowered their target price on Compass Minerals International from $18.00 to $17.00 and set a "market perform" rating on the stock in a research report on Wednesday, February 12th. Finally, JPMorgan Chase & Co. upgraded Compass Minerals International from a "neutral" rating to an "overweight" rating and increased their target price for the stock from $13.00 to $15.00 in a report on Wednesday, February 12th.

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.