Deprince Race & Zollo Inc. increased its holdings in shares of Compass Minerals International, Inc. (NYSE:CMP) by 23.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,230,684 shares of the basic materials company’s stock after buying an additional 234,982 shares during the period. Compass Minerals International comprises approximately 1.5% of Deprince Race & Zollo Inc.’s investment portfolio, making the stock its 5th largest holding. Deprince Race & Zollo Inc. owned approximately 3.64% of Compass Minerals International worth $51,307,000 as of its most recent SEC filing.
Several other large investors have also made changes to their positions in the company. NEXT Financial Group Inc purchased a new position in Compass Minerals International during the 3rd quarter valued at about $171,000. Tower Research Capital LLC TRC boosted its holdings in Compass Minerals International by 80.7% during the 2nd quarter. Tower Research Capital LLC TRC now owns 2,981 shares of the basic materials company’s stock valued at $196,000 after acquiring an additional 1,331 shares during the period. Hsbc Holdings PLC purchased a new position in Compass Minerals International during the 3rd quarter valued at about $201,000. Laurel Wealth Advisors Inc. purchased a new position in Compass Minerals International during the 3rd quarter valued at about $201,000. Finally, We Are One Seven LLC boosted its holdings in Compass Minerals International by 19.9% during the 4th quarter. We Are One Seven LLC now owns 4,846 shares of the basic materials company’s stock valued at $202,000 after acquiring an additional 804 shares during the period. Hedge funds and other institutional investors own 96.14% of the company’s stock.
A number of equities analysts recently commented on CMP shares. ValuEngine cut Compass Minerals International from a “hold” rating to a “sell” rating in a report on Tuesday, October 23rd. BMO Capital Markets decreased their price objective on Compass Minerals International from $70.00 to $65.00 and set a “market perform” rating for the company in a research note on Wednesday, October 24th. Zacks Investment Research upgraded Compass Minerals International from a “sell” rating to a “hold” rating in a research note on Friday, October 26th. Monness Crespi & Hardt decreased their price objective on Compass Minerals International from $76.00 to $63.00 and set a “buy” rating for the company in a research note on Friday, November 2nd. Finally, Credit Suisse Group set a $49.00 price objective on Compass Minerals International and gave the company a “sell” rating in a research note on Friday, November 2nd. Two analysts have rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the company. Compass Minerals International presently has an average rating of “Hold” and a consensus price target of $62.34.
Shares of NYSE CMP opened at $53.57 on Thursday. The company has a current ratio of 2.55, a quick ratio of 1.32 and a debt-to-equity ratio of 2.47. Compass Minerals International, Inc. has a fifty-two week low of $38.19 and a fifty-two week high of $71.25. The stock has a market cap of $1.80 billion, a PE ratio of 19.48 and a beta of 1.38.
Compass Minerals International (NYSE:CMP) last issued its earnings results on Monday, February 11th. The basic materials company reported $1.41 earnings per share for the quarter, missing the consensus estimate of $1.79 by ($0.38). Compass Minerals International had a return on equity of 12.10% and a net margin of 0.91%. The business had revenue of $486.50 million for the quarter, compared to analyst estimates of $501.10 million. Equities analysts forecast that Compass Minerals International, Inc. will post 2.24 EPS for the current year.
Compass Minerals International Profile
Compass Minerals International, Inc, produces and sells salt, and specialty plant nutrition and chemical products primarily in the United States, Canada, Brazil, and the United Kingdom. It operates in three segments: Salt, Plant Nutrition North America, and Plant Nutrition South America. The Salt segment offers 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 salt to produce specialty products.
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