Compass Diversified (NYSE:CODI) was downgraded by stock analysts at TheStreet from a “b-” rating to a “c” rating in a report issued on Wednesday.

A number of other brokerages have also weighed in on CODI. Zacks Investment Research lowered Compass Diversified from a “hold” rating to a “strong sell” rating in a research note on Tuesday, October 3rd. BidaskClub upgraded Compass Diversified from a “sell” rating to a “hold” rating in a research note on Tuesday, October 3rd. Three investment analysts have rated the stock with a sell rating and two have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of $19.50.

Shares of Compass Diversified (NYSE:CODI) traded up $0.10 during midday trading on Wednesday, reaching $16.90. The company’s stock had a trading volume of 159,765 shares, compared to its average volume of 240,323. The company has a market cap of $1,010.00, a price-to-earnings ratio of -14.70 and a beta of 0.55. The company has a debt-to-equity ratio of 0.71, a current ratio of 2.41 and a quick ratio of 1.26. Compass Diversified has a fifty-two week low of $15.90 and a fifty-two week high of $18.35.

Compass Diversified (NYSE:CODI) last announced its earnings results on Wednesday, November 8th. The financial services provider reported $0.25 earnings per share for the quarter, missing analysts’ consensus estimates of $0.47 by ($0.22). Compass Diversified had a positive return on equity of 2.77% and a negative net margin of 1.31%. sell-side analysts expect that Compass Diversified will post 1.56 EPS for the current fiscal year.

In other news, insider James Bottiglieri acquired 4,733 shares of the business’s stock in a transaction dated Wednesday, January 3rd. The stock was purchased at an average cost of $17.24 per share, for a total transaction of $81,596.92. Following the acquisition, the insider now owns 55,195 shares of the company’s stock, valued at $951,561.80. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 2.40% of the stock is currently owned by corporate insiders.

Institutional investors and hedge funds have recently bought and sold shares of the company. Csenge Advisory Group purchased a new position in shares of Compass Diversified in the 3rd quarter worth about $186,000. Atria Investments LLC purchased a new position in shares of Compass Diversified in the 4th quarter worth about $208,000. First Allied Advisory Services Inc. boosted its holdings in shares of Compass Diversified by 2.0% in the 2nd quarter. First Allied Advisory Services Inc. now owns 12,673 shares of the financial services provider’s stock worth $220,000 after purchasing an additional 254 shares in the last quarter. Gratus Capital LLC purchased a new position in shares of Compass Diversified in the 3rd quarter worth about $240,000. Finally, HighTower Advisors LLC purchased a new position in shares of Compass Diversified in the 2nd quarter worth about $272,000. Hedge funds and other institutional investors own 33.43% of the company’s stock.

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Compass Diversified Company Profile

Compass Diversified Holdings (the Trust) and Compass Group Diversified Holdings, LLC, (the Company), acquires and manages small and middle-market businesses. The Company operates through segments include Acquisition Corp. (5.11 Tactical), The Ergo Baby Carrier, Inc (Ergobaby), Liberty Safe and Security Products, Inc (Liberty), Fresh Hemp Foods Ltd.

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