Charles Schwab Investment Management Inc. Sells 47,880 Shares of Compass Minerals International, Inc. (NYSE:CMP)

Charles Schwab Investment Management Inc. decreased its stake in shares of Compass Minerals International, Inc. (NYSE:CMP - Free Report) by 11.2% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 380,571 shares of the basic materials company's stock after selling 47,880 shares during the period. Charles Schwab Investment Management Inc. owned 0.92% of Compass Minerals International worth $4,281,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Tsfg LLC acquired a new position in Compass Minerals International during the 4th quarter worth $28,000. Denver PWM LLC boosted 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 valued at $45,000 after purchasing an additional 946 shares during the period. New York State Common Retirement Fund boosted its stake in Compass Minerals International by 35.9% during the 4th quarter. New York State Common Retirement Fund now owns 7,189 shares of the basic materials company's stock valued at $81,000 after purchasing an additional 1,900 shares during the period. Dynamic Technology Lab Private Ltd acquired a new stake in Compass Minerals International in the 3rd quarter valued at approximately $137,000. Finally, Jones Financial Companies Lllp increased its position in Compass Minerals International by 44.1% in the 4th quarter. Jones Financial Companies Lllp now owns 18,111 shares of the basic materials company's stock worth $204,000 after buying an additional 5,544 shares during the period. 99.78% of the stock is currently owned by institutional investors and hedge funds.

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Compass Minerals International Stock Performance

Shares of CMP traded up $0.05 on Friday, reaching $9.56. 486,745 shares of the stock traded hands, compared to its average volume of 786,060. The stock's 50-day moving average price is $11.28 and its 200-day moving average price is $12.17. The company has a debt-to-equity ratio of 3.67, a current ratio of 2.37 and a quick ratio of 1.12. The firm has a market cap of $396.61 million, a price-to-earnings ratio of -2.42 and a beta of 1.27. Compass Minerals International, Inc. has a 12 month low of $7.51 and a 12 month high of $15.89.

Compass Minerals International (NYSE:CMP - Get Free Report) last posted its earnings results on Monday, February 10th. The basic materials company reported ($0.55) EPS 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%. Equities analysts forecast that Compass Minerals International, Inc. will post -0.53 EPS for the current fiscal year.

Analysts Set New Price Targets

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