Compass Minerals International, Inc. (NYSE:CMP) Shares Sold by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP lessened its holdings in Compass Minerals International, Inc. (NYSE:CMP - Free Report) by 31.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 696,320 shares of the basic materials company's stock after selling 320,150 shares during the quarter. Dimensional Fund Advisors LP owned 1.68% of Compass Minerals International worth $7,194,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of the business. Denver PWM LLC acquired a new position in Compass Minerals International during the second quarter worth about $29,000. Ridgewood Investments LLC purchased a new position in Compass Minerals International in the 2nd quarter valued at approximately $37,000. PNC Financial Services Group Inc. increased its stake in Compass Minerals International by 117.9% in the 4th quarter. PNC Financial Services Group Inc. now owns 4,391 shares of the basic materials company's stock valued at $111,000 after purchasing an additional 2,376 shares in the last quarter. Allspring Global Investments Holdings LLC acquired a new position in Compass Minerals International during the second quarter worth $45,000. Finally, CarsonAllaria Wealth Management Ltd. boosted its position in Compass Minerals International by 26.2% during the second quarter. CarsonAllaria Wealth Management Ltd. now owns 4,659 shares of the basic materials company's stock worth $48,000 after purchasing an additional 966 shares in the last quarter. 99.78% of the stock is owned by institutional investors and hedge funds.

Compass Minerals International Price Performance

Shares of NYSE:CMP traded up $1.29 on Wednesday, hitting $13.40. The company had a trading volume of 942,629 shares, compared to its average volume of 834,537. The company has a current ratio of 2.98, a quick ratio of 1.15 and a debt-to-equity ratio of 2.25. The company has a market cap of $553.88 million, a PE ratio of -6.41, a PEG ratio of 1.16 and a beta of 1.11. Compass Minerals International, Inc. has a 52-week low of $7.51 and a 52-week high of $28.70. The business has a 50 day moving average of $10.30 and a 200 day moving average of $11.85.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the company. BMO Capital Markets reaffirmed a "market perform" rating and set a $20.00 price target on shares of Compass Minerals International in a research note on Wednesday, September 18th. StockNews.com upgraded shares of Compass Minerals International to a "sell" rating in a research report on Wednesday, September 18th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $31.00.

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.