Compass Minerals International, Inc. (NYSE:CMP) Shares Sold by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC cut its position in Compass Minerals International, Inc. (NYSE:CMP) by 7.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 17,513 shares of the basic materials company’s stock after selling 1,400 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Compass Minerals International were worth $197,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also modified their holdings of the company. Signaturefd LLC grew its stake in shares of Compass Minerals International by 629.4% in the third quarter. Signaturefd LLC now owns 2,407 shares of the basic materials company’s stock valued at $29,000 after buying an additional 2,077 shares in the last quarter. Tsfg LLC purchased a new position in Compass Minerals International in the fourth quarter valued at $28,000. Denver PWM LLC boosted its holdings in Compass Minerals International by 33.8% in the third quarter. Denver PWM LLC now owns 3,745 shares of the basic materials company’s stock valued at $45,000 after purchasing an additional 946 shares during the period. Nisa Investment Advisors LLC boosted its holdings in Compass Minerals International by 247.7% in the third quarter. Nisa Investment Advisors LLC now owns 4,110 shares of the basic materials company’s stock valued at $49,000 after purchasing an additional 2,928 shares during the period. Finally, Triune Financial Partners LLC purchased a new position in Compass Minerals International in the third quarter valued at $123,000. 99.78% of the stock is owned by institutional investors and hedge funds.

Compass Minerals International Stock Up 0.4 %

Shares of NYSE CMP opened at $11.51 on Friday. The company has a market capitalization of $477.11 million, a price-to-earnings ratio of -2.21, a price-to-earnings-growth ratio of 1.17 and a beta of 1.21. The company has a debt-to-equity ratio of 2.87, a current ratio of 2.71 and a quick ratio of 0.80. The business has a 50-day moving average of $12.26 and a two-hundred day moving average of $11.98. Compass Minerals International, Inc. has a 1 year low of $7.51 and a 1 year high of $23.59.

Compass Minerals International (NYSE:CMP) last posted its earnings results on Monday, February 10th. The basic materials company reported ($0.55) earnings per share for the quarter, missing the consensus estimate of ($0.05) by ($0.50). Compass Minerals International had a negative net margin of 19.24% and a negative return on equity of 2.15%. On average, analysts forecast that Compass Minerals International, Inc. will post 0.33 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on CMP shares. BMO Capital Markets decreased their target price on Compass Minerals International from $18.00 to $17.00 and set a “market perform” rating for the company in a report on Wednesday. JPMorgan Chase & Co. raised Compass Minerals International from a “neutral” rating to an “overweight” rating and lifted their price target for the stock from $13.00 to $15.00 in a report on Wednesday. Finally, StockNews.com raised Compass Minerals International from a “sell” rating to a “hold” rating in a report on Wednesday.

About Compass Minerals International

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.