Aptus Capital Advisors LLC Boosts Stock Holdings in Compass Diversified (NYSE:CODI)

Aptus Capital Advisors LLC grew its position in shares of Compass Diversified (NYSE:CODI - Free Report) by 15.5% in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 269,304 shares of the financial services provider's stock after buying an additional 36,224 shares during the quarter. Aptus Capital Advisors LLC owned 0.36% of Compass Diversified worth $5,960,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in CODI. HHM Wealth Advisors LLC acquired a new position in Compass Diversified during the second quarter worth $33,000. Farther Finance Advisors LLC grew its stake in shares of Compass Diversified by 273.6% during the 3rd quarter. Farther Finance Advisors LLC now owns 2,219 shares of the financial services provider's stock worth $49,000 after purchasing an additional 1,625 shares during the period. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of Compass Diversified in the 2nd quarter valued at about $53,000. Ridgewood Investments LLC purchased a new position in shares of Compass Diversified in the 2nd quarter valued at about $55,000. Finally, Nisa Investment Advisors LLC lifted its stake in shares of Compass Diversified by 190.3% in the third quarter. Nisa Investment Advisors LLC now owns 3,051 shares of the financial services provider's stock valued at $68,000 after purchasing an additional 2,000 shares during the period. Institutional investors and hedge funds own 72.73% of the company's stock.

Insider Transactions at Compass Diversified

In other news, major shareholder Cgi Magyar Holdings Llc sold 135,274 shares of the stock in a transaction that occurred on Monday, November 11th. The shares were sold at an average price of $23.05, for a total value of $3,118,065.70. Following the sale, the insider now directly owns 7,456,197 shares in the company, valued at $171,865,340.85. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In other news, major shareholder Cgi Magyar Holdings Llc sold 135,274 shares of the business's stock in a transaction on Monday, November 11th. The stock was sold at an average price of $23.05, for a total value of $3,118,065.70. Following the completion of the transaction, the insider now directly owns 7,456,197 shares of the company's stock, valued at $171,865,340.85. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider Patrick A. Maciariello acquired 5,000 shares of the firm's stock in a transaction that occurred on Friday, September 20th. The shares were bought at an average cost of $21.87 per share, for a total transaction of $109,350.00. Following the purchase, the insider now owns 228,518 shares of the company's stock, valued at approximately $4,997,688.66. The trade was a 0.00 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Corporate insiders own 1.76% of the company's stock.

Compass Diversified Price Performance

CODI traded down $0.12 on Wednesday, hitting $23.15. 250,246 shares of the company were exchanged, compared to its average volume of 206,047. Compass Diversified has a fifty-two week low of $18.84 and a fifty-two week high of $25.07. The company has a debt-to-equity ratio of 1.51, a quick ratio of 1.62 and a current ratio of 4.22. The firm has a market capitalization of $1.75 billion, a P/E ratio of 48.75, a price-to-earnings-growth ratio of 1.50 and a beta of 1.67. The business's fifty day moving average is $21.40 and its 200 day moving average is $21.85.

Compass Diversified (NYSE:CODI - Get Free Report) last released its quarterly earnings results on Wednesday, October 30th. The financial services provider reported $0.64 earnings per share for the quarter, topping analysts' consensus estimates of $0.54 by $0.10. The business had revenue of $582.62 million for the quarter, compared to analysts' expectations of $571.68 million. Compass Diversified had a return on equity of 12.25% and a net margin of 6.24%. The company's revenue was up 11.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.34 EPS. As a group, sell-side analysts anticipate that Compass Diversified will post 1.95 EPS for the current year.

Compass Diversified Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, October 24th. Stockholders of record on Thursday, October 17th were given a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 4.32%. The ex-dividend date of this dividend was Thursday, October 17th. Compass Diversified's dividend payout ratio is currently 208.33%.

Compass Diversified Profile

Compass Diversified is a private equity firm specializing in add on acquisitions, buyouts, industry consolidation, recapitalization, late stage and middle market investments. It seeks to invest in niche industrial or branded consumer companies, manufacturing, distribution, consumer products, business services sector, healthcare, safety & security, electronic components, food and foodservice.