Schroder Investment Management Group Purchases 35,200 Shares of Compass Diversified (NYSE:CODI)

Schroder Investment Management Group boosted its stake in Compass Diversified (NYSE:CODI - Free Report) by 3.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,103,849 shares of the financial services provider's stock after purchasing an additional 35,200 shares during the period. Schroder Investment Management Group owned approximately 1.46% of Compass Diversified worth $25,477,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in CODI. Promus Capital LLC bought a new position in Compass Diversified in the fourth quarter worth approximately $30,000. Millstone Evans Group LLC purchased a new stake in shares of Compass Diversified in the 4th quarter worth $32,000. BankPlus Trust Department bought a new position in Compass Diversified in the 4th quarter worth $43,000. Thurston Springer Miller Herd & Titak Inc. lifted its position in Compass Diversified by 29.6% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 3,194 shares of the financial services provider's stock valued at $74,000 after purchasing an additional 729 shares in the last quarter. Finally, Nomura Asset Management Co. Ltd. grew its holdings in Compass Diversified by 219.7% during 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.

Compass Diversified Price Performance

Shares of CODI traded down $0.52 during trading hours on Monday, reaching $16.41. 730,761 shares of the stock traded hands, compared to its average volume of 220,877. The company has a market cap of $1.23 billion, a P/E ratio of 34.18, a price-to-earnings-growth 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's 50-day moving average price is $20.03 and its two-hundred day moving average price is $21.49. Compass Diversified has a 52-week low of $15.77 and a 52-week high of $24.59.

Compass Diversified Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 24th. Stockholders of record on Thursday, April 17th will be paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 6.09%. The ex-dividend date of this dividend is Thursday, April 17th. Compass Diversified's dividend payout ratio (DPR) is -78.13%.

Analysts Set New Price Targets

Several research analysts have recently commented on the company. B. Riley raised Compass Diversified to a "strong-buy" rating in a research note on Tuesday, January 7th. William Blair restated an "outperform" rating on shares of Compass Diversified in a research note on Friday, February 28th.

Compass Diversified Profile

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.