Assetmark Inc. Purchases 29,567 Shares of Compass Minerals International, Inc. (NYSE:CMP)

Assetmark Inc. raised its holdings in shares of Compass Minerals International, Inc. (NYSE:CMP - Free Report) by 6,121.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 30,050 shares of the basic materials company's stock after acquiring an additional 29,567 shares during the quarter. Assetmark Inc. owned approximately 0.07% of Compass Minerals International worth $338,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Ballentine Partners LLC raised its stake in Compass Minerals International by 3.6% during 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 during the period. Denver PWM LLC grew its holdings 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 valued at $45,000 after buying an additional 946 shares in the last quarter. Wolverine Asset Management LLC raised its position in shares of Compass Minerals International by 2.3% during the third quarter. Wolverine Asset Management LLC now owns 66,940 shares of the basic materials company's stock valued at $805,000 after buying an additional 1,482 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of Compass Minerals International by 2.0% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 89,357 shares of the basic materials company's stock worth $1,074,000 after buying an additional 1,764 shares in the last quarter. Finally, New York State Common Retirement Fund boosted its position 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 acquiring an additional 1,900 shares during the last quarter. 99.78% of the stock is currently owned by hedge funds and other institutional investors.

Compass Minerals International Stock Performance

Compass Minerals International stock opened at $9.91 on Thursday. The company's 50-day moving average price is $11.83 and its 200-day moving average price is $12.02. The company has a quick ratio of 1.12, a current ratio of 2.37 and a debt-to-equity ratio of 3.67. The company has a market cap of $411.10 million, a PE ratio of -2.51 and a beta of 1.27. Compass Minerals International, Inc. has a twelve month low of $7.51 and a twelve month high of $21.48.

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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) earnings per share 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%. On average, equities research analysts forecast that Compass Minerals International, Inc. will post -0.53 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

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

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.

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