ERTS Wealth Advisors LLC Purchases New Holdings in Compass Diversified Holdings (CODI)

ERTS Wealth Advisors LLC purchased a new stake in Compass Diversified Holdings (NYSE:CODI) during the fourth quarter, according to its most recent filing with the SEC. The fund purchased 2,210 shares of the financial services provider’s stock, valued at approximately $28,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Commonwealth Equity Services LLC increased its holdings in shares of Compass Diversified by 2.1% in the 4th quarter. Commonwealth Equity Services LLC now owns 37,026 shares of the financial services provider’s stock worth $460,000 after buying an additional 753 shares during the last quarter. Great West Life Assurance Co. Can increased its holdings in shares of Compass Diversified by 11.2% in the 4th quarter. Great West Life Assurance Co. Can now owns 7,539 shares of the financial services provider’s stock worth $90,000 after buying an additional 762 shares during the last quarter. Janney Montgomery Scott LLC increased its holdings in shares of Compass Diversified by 0.6% in the 4th quarter. Janney Montgomery Scott LLC now owns 164,009 shares of the financial services provider’s stock worth $2,042,000 after buying an additional 1,045 shares during the last quarter. Raymond James & Associates increased its holdings in shares of Compass Diversified by 2.0% in the 4th quarter. Raymond James & Associates now owns 76,241 shares of the financial services provider’s stock worth $949,000 after buying an additional 1,528 shares during the last quarter. Finally, Northwest Quadrant Wealth Management LLC increased its holdings in shares of Compass Diversified by 10.8% in the 4th quarter. Northwest Quadrant Wealth Management LLC now owns 17,801 shares of the financial services provider’s stock worth $261,000 after buying an additional 1,740 shares during the last quarter. Institutional investors own 33.33% of the company’s stock.

Separately, Zacks Investment Research upgraded shares of Compass Diversified from a “sell” rating to a “hold” rating in a report on Tuesday, January 8th.

In other news, major shareholder Anholt Investments Ltd. purchased 5,726 shares of the business’s stock in a transaction that occurred on Monday, December 17th. The shares were bought at an average cost of $18.94 per share, for a total transaction of $108,450.44. The purchase was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider James Bottiglieri purchased 7,473 shares of the business’s stock in a transaction that occurred on Thursday, January 3rd. The shares were purchased at an average price of $13.31 per share, for a total transaction of $99,465.63. Following the completion of the acquisition, the insider now directly owns 65,167 shares in the company, valued at approximately $867,372.77. The disclosure for this purchase can be found here. Corporate insiders own 3.40% of the company’s stock.

Shares of NYSE:CODI opened at $15.93 on Friday. The stock has a market cap of $945.22 million, a P/E ratio of 11.06 and a beta of 0.96. Compass Diversified Holdings has a 12 month low of $11.60 and a 12 month high of $18.35. The company has a debt-to-equity ratio of 1.51, a quick ratio of 1.40 and a current ratio of 2.63.

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About Compass Diversified

Compass Diversified Holdings LLC is a private equity firm specializing in acquisitions, buyouts, industry consolidation, recapitalization, and middle market investments. It seeks to invest in niche industrial or branded consumer companies, manufacturing, distribution, consumer products, business services sector, safety & security, electronic components, food, foodservice.

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Institutional Ownership by Quarter for Compass Diversified (NYSE:CODI)

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