Compass Minerals International, Inc. (CMP) Chairman Richard S. Grant Acquires 2,000 Shares

Compass Minerals International, Inc. (NYSE:CMP) Chairman Richard S. Grant purchased 2,000 shares of the business’s stock in a transaction that occurred on Thursday, March 28th. The stock was acquired at an average cost of $52.54 per share, with a total value of $105,080.00. Following the completion of the acquisition, the chairman now directly owns 25,194 shares of the company’s stock, valued at $1,323,692.76. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

Shares of CMP stock traded down $0.29 on Friday, reaching $57.49. The company had a trading volume of 309,769 shares, compared to its average volume of 252,959. The company has a debt-to-equity ratio of 2.45, a current ratio of 2.55 and a quick ratio of 1.60. The stock has a market cap of $1.95 billion, a PE ratio of 29.79 and a beta of 1.35. Compass Minerals International, Inc. has a 12 month low of $38.19 and a 12 month high of $71.25.

Compass Minerals International (NYSE:CMP) last issued its quarterly earnings data on Monday, February 11th. The basic materials company reported $1.41 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.79 by ($0.38). Compass Minerals International had a net margin of 4.61% and a return on equity of 11.49%. The business had revenue of $486.50 million during the quarter, compared to analyst estimates of $501.10 million. As a group, research analysts anticipate that Compass Minerals International, Inc. will post 2.54 earnings per share for the current year.

Several institutional investors and hedge funds have recently modified their holdings of the stock. BlackRock Inc. grew its position in shares of Compass Minerals International by 0.9% in the 4th quarter. BlackRock Inc. now owns 3,922,568 shares of the basic materials company’s stock valued at $163,532,000 after purchasing an additional 33,948 shares during the period. Vanguard Group Inc boosted its position in Compass Minerals International by 0.8% during the 3rd quarter. Vanguard Group Inc now owns 3,310,893 shares of the basic materials company’s stock worth $222,492,000 after acquiring an additional 24,801 shares during the last quarter. Vanguard Group Inc. boosted its position in Compass Minerals International by 0.8% during the 3rd quarter. Vanguard Group Inc. now owns 3,310,893 shares of the basic materials company’s stock worth $222,492,000 after acquiring an additional 24,801 shares during the last quarter. Deprince Race & Zollo Inc. boosted its position in Compass Minerals International by 23.6% during the 4th quarter. Deprince Race & Zollo Inc. now owns 1,230,684 shares of the basic materials company’s stock worth $51,307,000 after acquiring an additional 234,982 shares during the last quarter. Finally, Bank of New York Mellon Corp boosted its position in Compass Minerals International by 22.6% during the 4th quarter. Bank of New York Mellon Corp now owns 1,123,458 shares of the basic materials company’s stock worth $46,838,000 after acquiring an additional 207,072 shares during the last quarter. Institutional investors and hedge funds own 94.75% of the company’s stock.

A number of research analysts recently issued reports on the company. Zacks Investment Research raised Compass Minerals International from a “strong sell” rating to a “hold” rating in a report on Tuesday, April 16th. ValuEngine raised Compass Minerals International from a “sell” rating to a “hold” rating in a report on Friday, February 15th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating to the company. Compass Minerals International currently has a consensus rating of “Hold” and a consensus target price of $55.27.

COPYRIGHT VIOLATION NOTICE: “Compass Minerals International, Inc. (CMP) Chairman Richard S. Grant Acquires 2,000 Shares” was posted by Baseball Daily News and is the property of of Baseball Daily News. If you are accessing this piece of content on another site, it was stolen and republished in violation of US and international trademark & copyright legislation. The legal version of this piece of content can be viewed at https://www.baseballdailydigest.com/news/2019/04/21/richard-s-grant-buys-2000-shares-of-compass-minerals-international-inc-cmp-stock.html.

About Compass Minerals International

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.

Recommended Story: How do candlesticks reflect price movement?

Receive News & Ratings for Compass Minerals International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Compass Minerals International and related companies with MarketBeat.com's FREE daily email newsletter.