Repertoire Partners LP Invests $1.20 Million in Compass Minerals International, Inc. (NYSE:CMP)

Repertoire Partners LP purchased a new position in Compass Minerals International, Inc. (NYSE:CMP - Free Report) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 100,000 shares of the basic materials company's stock, valued at approximately $1,202,000. Compass Minerals International accounts for about 1.4% of Repertoire Partners LP's investment portfolio, making the stock its 13th biggest holding. Repertoire Partners LP owned 0.24% of Compass Minerals International at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Price T Rowe Associates Inc. MD raised its holdings in shares of Compass Minerals International by 4.3% during the first quarter. Price T Rowe Associates Inc. MD now owns 32,722 shares of the basic materials company's stock valued at $516,000 after acquiring an additional 1,358 shares during the last quarter. CarsonAllaria Wealth Management Ltd. raised its holdings in shares of 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 valued at $48,000 after acquiring an additional 966 shares during the last quarter. Bank of New York Mellon Corp raised its holdings in shares of Compass Minerals International by 10.8% during the second quarter. Bank of New York Mellon Corp now owns 405,238 shares of the basic materials company's stock valued at $4,186,000 after acquiring an additional 39,383 shares during the last quarter. Alpha Omega Wealth Management LLC raised its holdings in shares of Compass Minerals International by 34.4% during the second quarter. Alpha Omega Wealth Management LLC now owns 57,866 shares of the basic materials company's stock valued at $598,000 after acquiring an additional 14,795 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC acquired a new stake in shares of Compass Minerals International in the second quarter valued at approximately $45,000. Institutional investors and hedge funds own 99.78% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms recently commented on CMP. BMO Capital Markets reaffirmed a "market perform" rating and issued a $20.00 price target on shares of Compass Minerals International in a report on Wednesday, September 18th. StockNews.com raised Compass Minerals International to a "sell" rating in a report on Wednesday, September 18th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of $31.00.

Compass Minerals International Trading Down 4.2 %

Compass Minerals International stock traded down $0.60 during mid-day trading on Thursday, hitting $13.84. The company's stock had a trading volume of 659,877 shares, compared to its average volume of 810,624. The firm has a market capitalization of $573.65 million, a PE ratio of -3.38 and a beta of 1.17. Compass Minerals International, Inc. has a 1 year low of $7.51 and a 1 year high of $27.25. The company has a current ratio of 2.90, a quick ratio of 0.74 and a debt-to-equity ratio of 2.47. The stock's fifty day moving average is $13.40 and its two-hundred day moving average is $11.88.

Compass Minerals International (NYSE:CMP - Get Free Report) last issued its quarterly earnings data on Tuesday, September 17th. The basic materials company reported ($1.01) earnings per share for the quarter, missing the consensus estimate of ($0.67) by ($0.34). The business had revenue of $202.90 million during the quarter, compared to analysts' expectations of $201.86 million. Compass Minerals International had a positive return on equity of 4.75% and a negative net margin of 14.81%. On average, analysts anticipate that Compass Minerals International, Inc. will post 0.04 EPS for the current 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.