11,263 Shares in Compass Minerals International, Inc. (NYSE:CMP) Acquired by Versor Investments LP

Versor Investments LP acquired a new position in Compass Minerals International, Inc. (NYSE:CMPFree Report) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 11,263 shares of the basic materials company’s stock, valued at approximately $315,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Victory Capital Management Inc. lifted its stake in Compass Minerals International by 80.5% in the third quarter. Victory Capital Management Inc. now owns 11,939 shares of the basic materials company’s stock valued at $334,000 after buying an additional 5,326 shares during the period. Capula Management Ltd acquired a new position in shares of Compass Minerals International during the third quarter worth approximately $722,000. Peoples Bank KS acquired a new position in shares of Compass Minerals International during the third quarter worth approximately $30,000. Allspring Global Investments Holdings LLC raised its position in shares of Compass Minerals International by 156.5% during the third quarter. Allspring Global Investments Holdings LLC now owns 1,239 shares of the basic materials company’s stock worth $35,000 after purchasing an additional 756 shares during the period. Finally, TD Asset Management Inc raised its position in shares of Compass Minerals International by 48.2% during the third quarter. TD Asset Management Inc now owns 24,600 shares of the basic materials company’s stock worth $688,000 after purchasing an additional 8,000 shares during the period. 92.79% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Compass Minerals International

In other Compass Minerals International news, Director Joseph E. Reece acquired 5,000 shares of Compass Minerals International stock in a transaction on Monday, January 22nd. The stock was purchased at an average price of $21.24 per share, for a total transaction of $106,200.00. Following the purchase, the director now directly owns 16,000 shares of the company’s stock, valued at $339,840. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 1.51% of the company’s stock.

Compass Minerals International Trading Down 4.3 %

Shares of Compass Minerals International stock opened at $22.50 on Thursday. The stock has a fifty day simple moving average of $23.76 and a 200 day simple moving average of $27.41. Compass Minerals International, Inc. has a 12-month low of $18.88 and a 12-month high of $47.68. The company has a market capitalization of $927.23 million, a P/E ratio of 62.50, a price-to-earnings-growth ratio of 0.52 and a beta of 1.25. The company has a current ratio of 2.15, a quick ratio of 0.73 and a debt-to-equity ratio of 1.55.

Compass Minerals International (NYSE:CMPGet Free Report) last announced its quarterly earnings results on Thursday, November 16th. The basic materials company reported ($0.06) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.14 by ($0.20). Compass Minerals International had a return on equity of 4.00% and a net margin of 1.29%. The company had revenue of $233.60 million for the quarter, compared to the consensus estimate of $234.84 million. On average, sell-side analysts anticipate that Compass Minerals International, Inc. will post 0.8 earnings per share for the current fiscal year.

Compass Minerals International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 20th. Shareholders of record on Monday, December 11th were paid a $0.15 dividend. The ex-dividend date was Friday, December 8th. This represents a $0.60 dividend on an annualized basis and a yield of 2.67%. Compass Minerals International’s dividend payout ratio (DPR) is presently 166.67%.

Wall Street Analysts Forecast Growth

CMP has been the topic of a number of research reports. StockNews.com lowered Compass Minerals International from a “hold” rating to a “sell” rating in a research report on Friday, November 17th. Stifel Nicolaus lowered their target price on Compass Minerals International from $75.00 to $60.00 and set a “buy” rating on the stock in a research report on Thursday, January 11th. Finally, JPMorgan Chase & Co. raised Compass Minerals International from an “underweight” rating to a “neutral” rating and lowered their target price for the stock from $36.00 to $24.00 in a research report on Monday, November 20th. One research analyst has rated the stock with a sell rating, two have given a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, Compass Minerals International presently has an average rating of “Hold” and an average target price of $46.80.

View Our Latest Stock Report on Compass Minerals International

Compass Minerals International Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Compass Minerals International (NYSE:CMP)

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