Skylands Capital LLC Sells 55,750 Shares of Compass Minerals International, Inc. (NYSE:CMP)

Skylands Capital LLC cut its stake in Compass Minerals International, Inc. (NYSE:CMP - Free Report) by 38.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 89,900 shares of the basic materials company's stock after selling 55,750 shares during the period. Skylands Capital LLC owned approximately 0.22% of Compass Minerals International worth $1,011,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Creative Planning grew its holdings in shares of Compass Minerals International by 50.8% during the 3rd quarter. Creative Planning now owns 20,669 shares of the basic materials company's stock worth $248,000 after purchasing an additional 6,964 shares in the last quarter. Signaturefd LLC lifted its position in Compass Minerals International by 629.4% in 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. Ballentine Partners LLC acquired a new stake in Compass Minerals International during the third quarter worth $250,000. Nisa Investment Advisors LLC increased its holdings 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 buying an additional 2,928 shares during the period. Finally, Triune Financial Partners LLC acquired a new position in shares of Compass Minerals International in the 3rd quarter valued at $123,000. 99.78% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

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

Compass Minerals International Trading Down 2.3 %

Compass Minerals International stock traded down $0.26 during mid-day trading on Thursday, hitting $11.01. The stock had a trading volume of 1,025,875 shares, compared to its average volume of 617,831. Compass Minerals International, Inc. has a 12 month low of $7.51 and a 12 month high of $23.59. The stock has a 50-day simple moving average of $11.94 and a two-hundred day simple moving average of $11.97. The company has a current ratio of 2.37, a quick ratio of 1.12 and a debt-to-equity ratio of 3.67. The stock has a market capitalization of $456.75 million, a PE ratio of -2.79 and a beta of 1.21.

Compass Minerals International (NYSE:CMP - Get Free Report) last issued its earnings results on Monday, February 10th. The basic materials company reported ($0.55) earnings per share (EPS) for the quarter, missing analysts' consensus estimates 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%. As a group, sell-side analysts forecast that Compass Minerals International, Inc. will post -0.53 EPS for the current 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.