Compass Minerals International, Inc. (NYSE:CMP) Shares Sold by Nebula Research & Development LLC

Nebula Research & Development LLC cut its stake in shares of Compass Minerals International, Inc. (NYSE:CMP - Free Report) by 41.3% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 62,129 shares of the basic materials company's stock after selling 43,790 shares during the quarter. Nebula Research & Development LLC owned approximately 0.15% of Compass Minerals International worth $699,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Tsfg LLC acquired a new position in shares of Compass Minerals International during the 4th quarter worth about $28,000. Denver PWM LLC raised its stake in 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 worth $45,000 after acquiring an additional 946 shares in the last quarter. KLP Kapitalforvaltning AS acquired a new position in Compass Minerals International in the fourth quarter valued at $80,000. New York State Common Retirement Fund grew its holdings in shares of Compass Minerals International by 35.9% during the fourth 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 last quarter. Finally, Tower Research Capital LLC TRC lifted its holdings in shares of Compass Minerals International by 811.2% in the 4th quarter. Tower Research Capital LLC TRC now owns 13,413 shares of the basic materials company's stock valued at $151,000 after purchasing an additional 11,941 shares during the last quarter. 99.78% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

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

Compass Minerals International Price Performance

NYSE CMP traded up $0.70 during mid-day trading on Friday, hitting $13.70. The stock had a trading volume of 879,468 shares, compared to its average volume of 797,788. Compass Minerals International, Inc. has a 52-week low of $7.51 and a 52-week high of $15.82. The company has a market cap of $568.60 million, a price-to-earnings ratio of -3.47 and a beta of 1.17. The company has a 50 day simple moving average of $10.63 and a 200 day simple moving average of $12.05. The company has a quick ratio of 1.12, a current ratio of 2.37 and a debt-to-equity ratio of 3.67.

Compass Minerals International (NYSE:CMP - Get Free Report) last released its quarterly earnings results 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 return on equity of 10.00% and a negative net margin of 15.10%. Equities analysts forecast that Compass Minerals International, Inc. will post -0.53 EPS for the current fiscal 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.