Compass Diversified (NYSE:CODI) Holdings Trimmed by National Bank of Canada FI

National Bank of Canada FI decreased its holdings in shares of Compass Diversified (NYSE:CODI - Free Report) by 6.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 205,400 shares of the financial services provider's stock after selling 14,938 shares during the quarter. National Bank of Canada FI owned approximately 0.27% of Compass Diversified worth $4,746,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of CODI. Promus Capital LLC acquired a new position in shares of Compass Diversified during the fourth quarter valued at $30,000. Millstone Evans Group LLC bought a new stake in Compass Diversified in the 4th quarter valued at about $32,000. BankPlus Trust Department acquired a new position in Compass Diversified during the 4th quarter valued at about $43,000. Thurston Springer Miller Herd & Titak Inc. grew its position in Compass Diversified by 29.6% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 3,194 shares of the financial services provider's stock worth $74,000 after purchasing an additional 729 shares during the last quarter. Finally, Nomura Asset Management Co. Ltd. increased its stake in shares of Compass Diversified by 219.7% in the fourth quarter. Nomura Asset Management Co. Ltd. now owns 4,194 shares of the financial services provider's stock valued at $97,000 after purchasing an additional 2,882 shares during the period. Institutional investors own 72.73% of the company's stock.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on CODI. William Blair reiterated an "outperform" rating on shares of Compass Diversified in a research report on Friday, February 28th. B. Riley raised Compass Diversified to a "strong-buy" rating in a research note on Tuesday, January 7th.

Compass Diversified Price Performance

CODI traded up $0.15 on Friday, reaching $16.54. The company had a trading volume of 265,897 shares, compared to its average volume of 226,839. The company has a market capitalization of $1.24 billion, a P/E ratio of 34.46, a PEG ratio of 1.25 and a beta of 1.55. The company has a current ratio of 4.22, a quick ratio of 1.62 and a debt-to-equity ratio of 1.51. The company has a fifty day moving average of $19.49 and a 200-day moving average of $21.28. Compass Diversified has a one year low of $15.64 and a one year high of $24.59.

Compass Diversified Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 24th. Investors of record on Thursday, April 17th will be paid a dividend of $0.25 per share. The ex-dividend date of this dividend is Thursday, April 17th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 6.05%. Compass Diversified's dividend payout ratio is presently -78.13%.

About Compass Diversified

Compass Diversified is a private equity firm specializing in add on acquisitions, buyouts, industry consolidation, recapitalization, late stage and middle market investments. It seeks to invest in niche industrial or branded consumer companies, manufacturing, distribution, consumer products, business services sector, healthcare, safety & security, electronic components, food and foodservice.