Compass Minerals International, Inc. (NYSE:CMP) Holdings Trimmed by Vanguard Group Inc.

Vanguard Group Inc. cut its holdings in Compass Minerals International, Inc. (NYSE:CMP) by 28.5% during the 4th quarter, Holdings Channel.com reports. The fund owned 2,258,513 shares of the basic materials company’s stock after selling 898,701 shares during the quarter. Vanguard Group Inc. owned 0.05% of Compass Minerals International worth $25,408,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of CMP. Lightrock Netherlands B.V. acquired a new position in shares of Compass Minerals International in the 4th quarter worth approximately $6,394,000. Raymond James Financial Inc. bought a new stake in Compass Minerals International during the fourth quarter worth approximately $1,439,000. American Century Companies Inc. grew its position in Compass Minerals International by 77.8% in the fourth quarter. American Century Companies Inc. now owns 154,773 shares of the basic materials company’s stock worth $1,741,000 after buying an additional 67,725 shares during the last quarter. Counterpoint Mutual Funds LLC bought a new position in shares of Compass Minerals International in the fourth quarter valued at $744,000. Finally, Royce & Associates LP increased its holdings in shares of Compass Minerals International by 66.6% in the fourth quarter. Royce & Associates LP now owns 112,609 shares of the basic materials company’s stock valued at $1,267,000 after buying an additional 45,000 shares in the last quarter. 99.78% of the stock is owned by institutional investors and hedge funds.

Compass Minerals International Trading Down 1.2 %

NYSE CMP opened at $10.93 on Wednesday. The firm’s 50 day moving average price is $10.51 and its two-hundred day moving average price is $12.05. The stock has a market cap of $453.51 million, a price-to-earnings ratio of -2.77 and a beta of 1.17. Compass Minerals International, Inc. has a twelve month low of $7.51 and a twelve month high of $15.82. The company has a debt-to-equity ratio of 3.67, a quick ratio of 1.12 and a current ratio of 2.37.

Compass Minerals International (NYSE:CMP) last announced its quarterly earnings data on Monday, February 10th. The basic materials company reported ($0.55) EPS for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.50). Compass Minerals International had a negative net margin of 15.10% and a negative return on equity of 10.00%. Equities analysts anticipate that Compass Minerals International, Inc. will post -0.53 EPS for the current year.

Analyst Upgrades and Downgrades

CMP has been the subject of several research reports. JPMorgan Chase & Co. raised Compass Minerals International from a “neutral” rating to an “overweight” rating and raised their price objective for the stock from $13.00 to $15.00 in a research note on Wednesday, February 12th. BMO Capital Markets decreased their price target on Compass Minerals International from $18.00 to $17.00 and set a “market perform” rating for the company in a research report on Wednesday, February 12th. Finally, StockNews.com upgraded Compass Minerals International from a “sell” rating to a “hold” rating in a report on Wednesday, February 12th.

Compass Minerals International 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.