Counterpoint Mutual Funds LLC acquired a new position in shares of Compass Minerals International, Inc. (NYSE:CMP - Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 66,143 shares of the basic materials company's stock, valued at approximately $744,000. Counterpoint Mutual Funds LLC owned approximately 0.16% of Compass Minerals International at the end of the most recent reporting period.
Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Royce & Associates LP grew its stake in shares of Compass Minerals International by 66.6% in the fourth quarter. Royce & Associates LP now owns 112,609 shares of the basic materials company's stock worth $1,267,000 after purchasing an additional 45,000 shares during the last quarter. Ironwood Investment Management LLC increased its position in Compass Minerals International by 6.2% during the 4th quarter. Ironwood Investment Management LLC now owns 29,842 shares of the basic materials company's stock valued at $336,000 after purchasing an additional 1,738 shares during the period. Raymond James Financial Inc. bought a new position in Compass Minerals International during the 4th quarter worth approximately $1,439,000. Assetmark Inc. lifted its position in shares of Compass Minerals International by 6,121.5% in the 4th quarter. Assetmark Inc. now owns 30,050 shares of the basic materials company's stock worth $338,000 after purchasing an additional 29,567 shares during the period. Finally, Jones Financial Companies Lllp boosted its stake in shares of 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 valued at $204,000 after purchasing an additional 5,544 shares during the last quarter. Institutional investors own 99.78% of the company's stock.
Compass Minerals International Stock Down 2.7 %
NYSE CMP traded down $0.28 on Friday, hitting $10.00. 946,480 shares of the company were exchanged, compared to its average volume of 783,696. Compass Minerals International, Inc. has a 12 month low of $7.51 and a 12 month high of $17.99. 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 company has a market cap of $415.00 million, a PE ratio of -2.53 and a beta of 1.27. The stock has a fifty day moving average of $11.73 and a 200-day moving average of $12.05.
Compass Minerals International (NYSE:CMP - Get Free Report) last issued 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 net margin of 15.10% and a negative return on equity of 10.00%. As a group, analysts forecast that Compass Minerals International, Inc. will post -0.53 earnings per share for the current year.
Wall Street Analyst Weigh In
CMP has been the topic of several recent analyst reports. StockNews.com upgraded 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 boosted their price objective for the company from $13.00 to $15.00 in a research note on Wednesday, February 12th. Finally, BMO Capital Markets decreased 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 note on Wednesday, February 12th.
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Compass Minerals International Profile
(
Free Report)
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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