Shay Capital LLC Buys New Shares in Compass Minerals International, Inc. (NYSE:CMP)

Shay Capital LLC bought a new position in shares of Compass Minerals International, Inc. (NYSE:CMP - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 29,300 shares of the basic materials company's stock, valued at approximately $330,000. Shay Capital LLC owned about 0.07% of Compass Minerals International as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Ballentine Partners LLC raised its stake in shares of Compass Minerals International by 3.6% in the 4th quarter. Ballentine Partners LLC now owns 21,559 shares of the basic materials company's stock valued at $243,000 after purchasing an additional 748 shares in the last quarter. Denver PWM LLC raised its stake in shares of Compass Minerals International by 25.8% in the 4th quarter. Denver PWM LLC now owns 4,712 shares of the basic materials company's stock valued at $53,000 after purchasing an additional 967 shares in the last quarter. Price T Rowe Associates Inc. MD raised its stake in shares of Compass Minerals International by 2.7% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 38,063 shares of the basic materials company's stock valued at $429,000 after purchasing an additional 983 shares in the last quarter. Schonfeld Strategic Advisors LLC raised its stake in shares of Compass Minerals International by 7.0% in the 4th quarter. Schonfeld Strategic Advisors LLC now owns 20,540 shares of the basic materials company's stock valued at $231,000 after purchasing an additional 1,340 shares in the last quarter. Finally, Ironwood Investment Management LLC raised its stake in shares of Compass Minerals International by 6.2% in the 4th quarter. Ironwood Investment Management LLC now owns 29,842 shares of the basic materials company's stock valued at $336,000 after purchasing an additional 1,738 shares in the last quarter. Institutional investors and hedge funds own 99.78% of the company's stock.

Compass Minerals International Stock Performance

CMP traded up $0.42 on Tuesday, hitting $19.67. 739,501 shares of the company's stock were exchanged, compared to its average volume of 812,967. The firm has a market cap of $816.38 million, a PE ratio of -4.98 and a beta of 0.95. Compass Minerals International, Inc. has a twelve month low of $7.51 and a twelve month high of $20.17. The stock has a fifty day moving average of $12.51 and a two-hundred day moving average of $12.44. 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 posted its earnings results on Wednesday, May 7th. The basic materials company reported $0.63 EPS for the quarter, topping the consensus estimate of $0.39 by $0.24. Compass Minerals International had a negative net margin of 15.10% and a negative return on equity of 10.00%. The firm had revenue of $494.60 million during the quarter, compared to analysts' expectations of $413.96 million. 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 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on CMP. JPMorgan Chase & Co. upgraded shares of Compass Minerals International from a "neutral" rating to an "overweight" rating and increased their price objective for the stock from $13.00 to $15.00 in a research note on Wednesday, February 12th. StockNews.com upgraded shares of Compass Minerals International from a "sell" rating to a "hold" rating in a research note on Wednesday, February 12th. Finally, BMO Capital Markets increased their price objective on shares of Compass Minerals International from $15.00 to $20.00 and gave the stock a "market perform" rating in a research note 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.