ExodusPoint Capital Management LP Trims Stock Holdings in Compass Minerals International, Inc. (NYSE:CMP)

ExodusPoint Capital Management LP decreased its holdings in Compass Minerals International, Inc. (NYSE:CMP - Free Report) by 78.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 26,863 shares of the basic materials company's stock after selling 100,291 shares during the quarter. ExodusPoint Capital Management LP owned 0.06% of Compass Minerals International worth $302,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Ballentine Partners LLC boosted its position in Compass Minerals International by 3.6% in the 4th quarter. Ballentine Partners LLC now owns 21,559 shares of the basic materials company's stock valued at $243,000 after buying an additional 748 shares during the period. Denver PWM LLC boosted its holdings in Compass Minerals International by 33.8% in the third 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. Ironwood Investment Management LLC boosted its holdings in Compass Minerals International by 6.2% in the fourth 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. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in Compass Minerals International by 2.0% during the 3rd 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 purchasing an additional 1,764 shares in the last quarter. Finally, New York State Common Retirement Fund increased its holdings 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 worth $81,000 after purchasing an additional 1,900 shares during the period. Institutional investors and hedge funds own 99.78% of the company's stock.

Analyst Ratings Changes

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

Compass Minerals International Stock Up 1.6 %

Shares of NYSE CMP traded up $0.18 during midday trading on Friday, hitting $11.33. 571,856 shares of the company's stock were exchanged, compared to its average volume of 796,722. The firm's fifty day simple moving average is $10.47 and its 200-day simple moving average is $12.04. The company has a market cap of $470.24 million, a PE ratio of -2.87 and a beta of 1.17. Compass Minerals International, Inc. has a twelve month low of $7.51 and a twelve month high of $15.82. The company has a debt-to-equity ratio of 3.67, a current ratio of 2.37 and a quick ratio of 1.12.

Compass Minerals International (NYSE:CMP - Get Free Report) last released its quarterly earnings data on Monday, February 10th. The basic materials company reported ($0.55) earnings per share 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%. Research analysts predict that Compass Minerals International, Inc. will post -0.53 EPS for the current fiscal year.

About Compass Minerals International

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.