Alpha Omega Wealth Management LLC Sells 5,292 Shares of Compass Minerals International, Inc. (NYSE:CMP)

Alpha Omega Wealth Management LLC lowered its position in Compass Minerals International, Inc. (NYSE:CMP) by 8.1% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 60,247 shares of the basic materials company’s stock after selling 5,292 shares during the period. Alpha Omega Wealth Management LLC’s holdings in Compass Minerals International were worth $678,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the company. Ballentine Partners LLC grew its holdings in Compass Minerals International by 3.6% in the fourth quarter. Ballentine Partners LLC now owns 21,559 shares of the basic materials company’s stock worth $243,000 after purchasing an additional 748 shares during the last quarter. Denver PWM LLC grew its stake in Compass Minerals International by 33.8% during the 3rd quarter. Denver PWM LLC now owns 3,745 shares of the basic materials company’s stock worth $45,000 after buying an additional 946 shares during the last quarter. Inspire Investing LLC increased its position in Compass Minerals International by 3.9% during the 3rd quarter. Inspire Investing LLC now owns 38,326 shares of the basic materials company’s stock valued at $461,000 after buying an additional 1,437 shares in the last quarter. Wolverine Asset Management LLC raised its stake in Compass Minerals International by 2.3% in the third quarter. Wolverine Asset Management LLC now owns 66,940 shares of the basic materials company’s stock valued at $805,000 after buying an additional 1,482 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in Compass Minerals International by 2.0% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 89,357 shares of the basic materials company’s stock worth $1,074,000 after acquiring an additional 1,764 shares in the last quarter. Institutional investors own 99.78% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, BMO Capital Markets cut their price objective on shares of Compass Minerals International from $20.00 to $18.00 and set a “market perform” rating on the stock in a report on Wednesday, December 18th.

Compass Minerals International Stock Performance

Shares of CMP opened at $11.66 on Friday. The company has a quick ratio of 0.80, a current ratio of 2.71 and a debt-to-equity ratio of 2.87. The stock has a 50-day moving average of $12.80 and a two-hundred day moving average of $12.03. Compass Minerals International, Inc. has a one year low of $7.51 and a one year high of $23.70.

Compass Minerals International (NYSE:CMP) last released its earnings results on Monday, December 16th. The basic materials company reported ($0.77) EPS for the quarter, missing analysts’ consensus estimates of $0.05 by ($0.82). The firm had revenue of $208.80 million for the quarter, compared to analyst estimates of $323.61 million. Compass Minerals International had a negative return on equity of 2.15% and a negative net margin of 19.24%. The company’s revenue for the quarter was down 38.9% compared to the same quarter last year. During the same period last year, the firm earned $0.05 EPS. On average, research analysts forecast that Compass Minerals International, Inc. will post 0.33 earnings per share for the current fiscal year.

Compass Minerals International Company Profile

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.