Barclays PLC Purchases 40,288 Shares of Compass Minerals International, Inc. (NYSE:CMP)

Barclays PLC raised its stake in Compass Minerals International, Inc. (NYSE:CMP - Free Report) by 76.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 92,803 shares of the basic materials company's stock after purchasing an additional 40,288 shares during the period. Barclays PLC owned 0.22% of Compass Minerals International worth $1,116,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Signaturefd LLC lifted its position in Compass Minerals International by 629.4% during the third quarter. Signaturefd LLC now owns 2,407 shares of the basic materials company's stock worth $29,000 after purchasing an additional 2,077 shares during the period. Point72 Asia Singapore Pte. Ltd. acquired a new stake in shares of Compass Minerals International during the 2nd quarter worth approximately $46,000. Nisa Investment Advisors LLC grew its position in Compass Minerals International by 247.7% in the 3rd quarter. Nisa Investment Advisors LLC now owns 4,110 shares of the basic materials company's stock valued at $49,000 after purchasing an additional 2,928 shares during the period. Triune Financial Partners LLC acquired a new stake in Compass Minerals International in the 3rd quarter valued at $123,000. Finally, Inspire Advisors LLC bought a new position in Compass Minerals International during the 2nd quarter valued at $136,000. 99.78% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on CMP shares. BMO Capital Markets lowered their price objective on Compass Minerals International from $20.00 to $18.00 and set a "market perform" rating on the stock in a research note on Wednesday, December 18th. StockNews.com raised Compass Minerals International to a "sell" rating in a report on Wednesday, September 18th.

Compass Minerals International Trading Down 1.8 %

CMP stock traded down $0.23 during midday trading on Tuesday, hitting $12.84. The company had a trading volume of 178,781 shares, compared to its average volume of 521,970. The company has a current ratio of 2.90, a quick ratio of 0.74 and a debt-to-equity ratio of 2.47. Compass Minerals International, Inc. has a 52 week low of $7.51 and a 52 week high of $23.99. The stock's 50 day moving average price is $12.95 and its 200 day moving average price is $11.80. The stock has a market cap of $532.26 million, a price-to-earnings ratio of -3.13 and a beta of 1.21.

Compass Minerals International (NYSE:CMP - Get Free Report) last announced its earnings results on Monday, December 16th. The basic materials company reported ($0.77) EPS for the quarter, missing analysts' consensus estimates of $0.05 by ($0.82). The business had revenue of $208.80 million for the quarter, compared to the consensus estimate of $323.61 million. Compass Minerals International had a negative net margin of 14.81% and a positive return on equity of 4.75%. Compass Minerals International's revenue was down 38.9% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.05 EPS. As a group, equities research analysts expect that Compass Minerals International, Inc. will post 0.04 earnings per share for the current fiscal year.

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.