SG Americas Securities LLC Takes Position in Compass Minerals International, Inc. (CMP)

SG Americas Securities LLC bought a new position in Compass Minerals International, Inc. (NYSE:CMP) in the 4th quarter, HoldingsChannel.com reports. The fund bought 6,356 shares of the basic materials company’s stock, valued at approximately $459,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. The Manufacturers Life Insurance Company boosted its position in Compass Minerals International by 54.4% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 75,989 shares of the basic materials company’s stock valued at $4,962,000 after purchasing an additional 26,773 shares during the period. Raymond James Financial Services Advisors Inc. acquired a new position in Compass Minerals International during the 2nd quarter valued at approximately $206,000. Cardinal Capital Management boosted its position in Compass Minerals International by 38.6% during the 3rd quarter. Cardinal Capital Management now owns 18,124 shares of the basic materials company’s stock valued at $1,176,000 after purchasing an additional 5,046 shares during the period. Aperio Group LLC boosted its position in Compass Minerals International by 3.3% during the 3rd quarter. Aperio Group LLC now owns 25,255 shares of the basic materials company’s stock valued at $1,639,000 after purchasing an additional 807 shares during the period. Finally, Victory Capital Management Inc. boosted its position in Compass Minerals International by 6.4% during the 3rd quarter. Victory Capital Management Inc. now owns 729,200 shares of the basic materials company’s stock valued at $47,325,000 after purchasing an additional 43,765 shares during the period.

Shares of Compass Minerals International, Inc. (NYSE:CMP) opened at $62.80 on Friday. The company has a debt-to-equity ratio of 1.92, a quick ratio of 1.67 and a current ratio of 2.75. The firm has a market capitalization of $2,120.00, a price-to-earnings ratio of 50.24 and a beta of 0.54. Compass Minerals International, Inc. has a 12 month low of $59.72 and a 12 month high of $77.71.

Compass Minerals International (NYSE:CMP) last announced its earnings results on Tuesday, February 13th. The basic materials company reported $1.66 earnings per share for the quarter, beating the consensus estimate of $1.37 by $0.29. The firm had revenue of $457.90 million for the quarter, compared to the consensus estimate of $468.52 million. Compass Minerals International had a return on equity of 13.02% and a net margin of 3.13%. equities research analysts expect that Compass Minerals International, Inc. will post 2.91 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 15th. Shareholders of record on Thursday, March 1st will be paid a dividend of $0.72 per share. This represents a $2.88 annualized dividend and a yield of 4.59%. The ex-dividend date is Wednesday, February 28th. Compass Minerals International’s payout ratio is currently 230.40%.

A number of research analysts recently issued reports on CMP shares. TheStreet upgraded Compass Minerals International from a “c+” rating to a “b” rating in a research report on Thursday, November 30th. Zacks Investment Research upgraded Compass Minerals International from a “sell” rating to a “hold” rating in a research report on Monday, February 5th. Stifel Nicolaus reduced their price objective on Compass Minerals International from $85.00 to $79.00 and set a “buy” rating for the company in a research report on Friday, February 16th. Credit Suisse Group restated an “underperform” rating on shares of Compass Minerals International in a research report on Thursday, February 15th. Finally, BMO Capital Markets reduced their price objective on Compass Minerals International from $75.00 to $70.00 and set a “market perform” rating for the company in a research report on Thursday, February 15th. Three investment analysts have rated the stock with a sell rating, one has issued a hold rating and three have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of $71.00.

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About Compass Minerals International

Compass Minerals International, Inc (CMI) is a provider of essential minerals that solve nature’s challenges, including salt for winter roadway safety and other consumer, industrial and agricultural uses; specialty plant nutrition minerals for the quality and yield of crops, and specialty chemicals for water treatment and other industrial processes.

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

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