Jump Financial LLC Trims Position in Compass Minerals International, Inc. (NYSE:CMP)

Jump Financial LLC lowered its position in Compass Minerals International, Inc. (NYSE:CMP - Free Report) by 45.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 140,825 shares of the basic materials company's stock after selling 115,606 shares during the quarter. Jump Financial LLC owned approximately 0.34% of Compass Minerals International worth $1,584,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Ballentine Partners LLC raised 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 purchasing an additional 748 shares during the last quarter. Denver PWM LLC lifted its position 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 worth $45,000 after acquiring an additional 946 shares during the period. Ironwood Investment Management LLC increased its holdings in shares of 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. New York State Common Retirement Fund grew its position in Compass Minerals International by 35.9% in 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 buying an additional 1,900 shares during the last quarter. Finally, Inspire Investing LLC boosted its holdings in shares of Compass Minerals International by 5.7% in the fourth quarter. Inspire Investing LLC now owns 40,527 shares of the basic materials company's stock valued at $456,000 after acquiring an additional 2,201 shares in the last quarter. Hedge funds and other institutional investors own 99.78% of the company's stock.

Compass Minerals International Price Performance

Shares of NYSE:CMP traded down $0.08 during trading on Wednesday, hitting $11.93. 440,011 shares of the stock were exchanged, compared to its average volume of 795,778. Compass Minerals International, Inc. has a 12-month low of $7.51 and a 12-month high of $15.82. The company has a market cap of $495.23 million, a PE ratio of -3.02 and a beta of 1.17. The company has a fifty day moving average price of $10.49 and a two-hundred day moving average price of $12.03. The company has a current ratio of 2.37, a quick ratio of 1.12 and a debt-to-equity ratio of 3.67.

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

Analyst Ratings Changes

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

Compass Minerals International Company 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.