Royce & Associates LP Has $1.27 Million Stake in Compass Minerals International, Inc. (NYSE:CMP)

Royce & Associates LP lifted its stake in Compass Minerals International, Inc. (NYSE:CMP - Free Report) by 66.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 112,609 shares of the basic materials company's stock after acquiring an additional 45,000 shares during the period. Royce & Associates LP owned approximately 0.27% of Compass Minerals International worth $1,267,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of CMP. Invenomic Capital Management LP increased its holdings in shares of Compass Minerals International by 23.9% during the 3rd quarter. Invenomic Capital Management LP now owns 969,085 shares of the basic materials company's stock worth $11,648,000 after purchasing an additional 186,717 shares during the period. Geode Capital Management LLC grew its position in Compass Minerals International by 0.8% during the third quarter. Geode Capital Management LLC now owns 782,811 shares of the basic materials company's stock worth $9,412,000 after buying an additional 6,062 shares in the last quarter. Lightrock Netherlands B.V. bought a new position in Compass Minerals International during the fourth quarter valued at about $6,394,000. Bank of Montreal Can raised its holdings in Compass Minerals International by 127.5% in the 3rd quarter. Bank of Montreal Can now owns 525,097 shares of the basic materials company's stock valued at $6,506,000 after acquiring an additional 294,333 shares in the last quarter. Finally, Michelson Medical Research Foundation Inc. bought a new stake in shares of Compass Minerals International in the 3rd quarter worth approximately $6,070,000. 99.78% of the stock is currently owned by institutional investors and hedge funds.

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Compass Minerals International Price Performance

Shares of CMP stock traded down $0.06 during trading hours on Tuesday, reaching $9.58. 672,500 shares of the company were exchanged, compared to its average volume of 785,052. The company has a debt-to-equity ratio of 3.67, a current ratio of 2.37 and a quick ratio of 1.12. The company has a market cap of $397.61 million, a price-to-earnings ratio of -2.43 and a beta of 1.27. The stock's fifty day moving average is $11.62 and its two-hundred day moving average is $12.13. Compass Minerals International, Inc. has a fifty-two week low of $7.51 and a fifty-two week high of $16.69.

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

Analysts Set New Price Targets

CMP has been the subject of a number of recent research reports. StockNews.com upgraded shares of Compass Minerals International from a "sell" rating to a "hold" rating in a research note on Wednesday, February 12th. BMO Capital Markets dropped their price target on shares of Compass Minerals International from $18.00 to $17.00 and set a "market perform" rating for the company in a research report on Wednesday, February 12th. Finally, JPMorgan Chase & Co. raised Compass Minerals International from a "neutral" rating to an "overweight" rating and lifted their price objective for the company from $13.00 to $15.00 in a 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.