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Compass Minerals International, Inc. (NYSE:CMP) Position Reduced by Jump Financial LLC

Compass Minerals International logo with Basic Materials background

Jump Financial LLC cut its position in shares of Compass Minerals International, Inc. (NYSE:CMP - Free Report) by 45.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 140,825 shares of the basic materials company's stock after selling 115,606 shares during the quarter. Jump Financial LLC owned about 0.34% of Compass Minerals International worth $1,584,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of CMP. Tsfg LLC purchased a new position in Compass Minerals International in the fourth quarter valued at approximately $28,000. Denver PWM LLC raised its stake in shares of Compass Minerals International by 33.8% in the 3rd quarter. Denver PWM LLC now owns 3,745 shares of the basic materials company's stock valued at $45,000 after acquiring an additional 946 shares during the period. KLP Kapitalforvaltning AS acquired a new position in shares of Compass Minerals International during the 4th quarter valued at $80,000. New York State Common Retirement Fund boosted its position in Compass Minerals International by 35.9% during the 4th quarter. New York State Common Retirement Fund now owns 7,189 shares of the basic materials company's stock worth $81,000 after purchasing an additional 1,900 shares during the period. Finally, Intech Investment Management LLC acquired a new stake in Compass Minerals International in the 4th quarter valued at $187,000. 99.78% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

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

Get Our Latest Stock Analysis on Compass Minerals International

Compass Minerals International Stock Down 2.2 %

CMP stock traded down $0.28 during mid-day trading on Friday, hitting $12.19. 154,859 shares of the company were exchanged, compared to its average volume of 609,281. The firm has a fifty day simple moving average of $10.52 and a 200 day simple moving average of $12.03. The company has a market capitalization of $505.73 million, a PE ratio of -3.09 and a beta of 1.17. Compass Minerals International, Inc. has a twelve month low of $7.51 and a twelve month high of $15.82. 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 (NYSE:CMP - Get Free Report) last announced its quarterly earnings data on Monday, February 10th. The basic materials company reported ($0.55) earnings per share for the quarter, missing analysts' consensus estimates of ($0.05) by ($0.50). Compass Minerals International had a negative net margin of 15.10% and a negative return on equity of 10.00%. On average, research analysts forecast 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.

See Also

Institutional Ownership by Quarter for Compass Minerals International (NYSE:CMP)

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