Koss Olinger Consulting LLC Makes New Investment in Compass Minerals International, Inc. (NYSE:CMP)

Koss Olinger Consulting LLC bought a new stake in Compass Minerals International, Inc. (NYSE:CMP - Free Report) in the 4th quarter, according to its most recent disclosure with the SEC. The fund bought 23,374 shares of the basic materials company's stock, valued at approximately $263,000. Koss Olinger Consulting LLC owned approximately 0.06% of Compass Minerals International at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Lightrock Netherlands B.V. acquired a new position in shares of Compass Minerals International in the fourth quarter valued at approximately $6,394,000. Michelson Medical Research Foundation Inc. acquired a new position in shares of Compass Minerals International in the third quarter worth $6,070,000. Bank of Montreal Can grew its stake in shares of Compass Minerals International by 127.5% in the third quarter. Bank of Montreal Can now owns 525,097 shares of the basic materials company's stock worth $6,506,000 after acquiring an additional 294,333 shares in the last quarter. Invenomic Capital Management LP increased its position in shares of Compass Minerals International by 23.9% during the third quarter. Invenomic Capital Management LP now owns 969,085 shares of the basic materials company's stock worth $11,648,000 after acquiring an additional 186,717 shares during the period. Finally, Raymond James Financial Inc. acquired a new stake in shares of Compass Minerals International in the fourth quarter valued at $1,439,000. 99.78% of the stock is currently owned by hedge funds and other institutional investors.

Compass Minerals International Stock Down 3.2 %

Compass Minerals International stock traded down $0.32 during midday trading on Monday, reaching $9.66. The company's stock had a trading volume of 639,743 shares, compared to its average volume of 785,112. The business has a 50-day simple moving average of $11.68 and a 200-day simple moving average of $12.12. The company has a market cap of $400.72 million, a P/E ratio of -2.44 and a beta of 1.27. Compass Minerals International, Inc. has a fifty-two week low of $7.51 and a fifty-two week high of $16.69. The company has a quick ratio of 1.12, a current ratio of 2.37 and a debt-to-equity ratio of 3.67.

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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 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%. On average, research analysts expect that Compass Minerals International, Inc. will post -0.53 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts have weighed in on CMP shares. JPMorgan Chase & Co. upgraded Compass Minerals International from a "neutral" rating to an "overweight" rating and upped their price target for the stock from $13.00 to $15.00 in a report 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, BMO Capital Markets reduced 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 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.