Sei Investments Co. Has $18.56 Million Stock Position in Compass Diversified (NYSE:CODI)

Sei Investments Co. increased its holdings in Compass Diversified (NYSE:CODI - Free Report) by 9.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 804,160 shares of the financial services provider's stock after buying an additional 72,140 shares during the quarter. Sei Investments Co. owned about 1.06% of Compass Diversified worth $18,560,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the business. Quantbot Technologies LP grew its stake in shares of Compass Diversified by 40.3% in the fourth quarter. Quantbot Technologies LP now owns 10,978 shares of the financial services provider's stock worth $253,000 after purchasing an additional 3,151 shares in the last quarter. Millstone Evans Group LLC acquired a new stake in Compass Diversified in the fourth quarter worth about $32,000. Intech Investment Management LLC grew its position in Compass Diversified by 159.8% in the 4th quarter. Intech Investment Management LLC now owns 25,710 shares of the financial services provider's stock valued at $593,000 after buying an additional 15,814 shares in the last quarter. William Blair Investment Management LLC increased its stake in Compass Diversified by 2.5% during the 4th quarter. William Blair Investment Management LLC now owns 1,866,533 shares of the financial services provider's stock valued at $43,080,000 after buying an additional 45,725 shares during the period. Finally, Frank Rimerman Advisors LLC bought a new stake in shares of Compass Diversified during the 4th quarter worth about $231,000. 72.73% of the stock is currently owned by institutional investors and hedge funds.

Remove Ads

Analysts Set New Price Targets

Several research analysts have recently issued reports on CODI shares. William Blair reiterated an "outperform" rating on shares of Compass Diversified in a research note 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

NYSE CODI traded down $0.18 on Tuesday, reaching $18.50. The company's stock had a trading volume of 387,925 shares, compared to its average volume of 214,067. The firm's 50 day moving average is $20.35 and its two-hundred day moving average is $21.61. The stock has a market cap of $1.39 billion, a PE ratio of 38.53, a PEG ratio of 1.25 and a beta of 1.59. The company has a debt-to-equity ratio of 1.51, a quick ratio of 1.62 and a current ratio of 4.22. Compass Diversified has a twelve month low of $18.20 and a twelve month high of $24.59.

Compass Diversified Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, January 23rd. Investors of record on Thursday, January 16th were issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 5.41%. The ex-dividend date of this dividend was Thursday, January 16th. Compass Diversified's payout ratio is -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.