Compass Minerals International, Inc. (CMP) Shares Bought by Aperio Group LLC

Aperio Group LLC lifted its stake in Compass Minerals International, Inc. (NYSE:CMP) by 10.4% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 29,504 shares of the basic materials company’s stock after purchasing an additional 2,785 shares during the period. Aperio Group LLC owned about 0.09% of Compass Minerals International worth $1,983,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Verity & Verity LLC raised its position in shares of Compass Minerals International by 41.9% in the 3rd quarter. Verity & Verity LLC now owns 5,845 shares of the basic materials company’s stock valued at $393,000 after purchasing an additional 1,725 shares during the last quarter. MainStreet Investment Advisors LLC raised its position in shares of Compass Minerals International by 4.7% in the 3rd quarter. MainStreet Investment Advisors LLC now owns 32,974 shares of the basic materials company’s stock valued at $2,216,000 after purchasing an additional 1,489 shares during the last quarter. Kovack Advisors Inc. raised its position in shares of Compass Minerals International by 12.4% in the 3rd quarter. Kovack Advisors Inc. now owns 11,228 shares of the basic materials company’s stock valued at $755,000 after purchasing an additional 1,243 shares during the last quarter. NEXT Financial Group Inc purchased a new position in shares of Compass Minerals International in the 3rd quarter valued at approximately $171,000. Finally, We Are One Seven LLC purchased a new position in shares of Compass Minerals International in the 3rd quarter valued at approximately $271,000. Hedge funds and other institutional investors own 96.07% of the company’s stock.

Shares of NYSE:CMP opened at $51.79 on Friday. Compass Minerals International, Inc. has a twelve month low of $45.25 and a twelve month high of $76.65. The company has a debt-to-equity ratio of 2.47, a quick ratio of 1.32 and a current ratio of 2.55. The company has a market capitalization of $1.79 billion, a P/E ratio of 18.83 and a beta of 1.05.

Compass Minerals International (NYSE:CMP) last issued its quarterly earnings results on Wednesday, October 31st. The basic materials company reported $0.37 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.40 by ($0.03). Compass Minerals International had a return on equity of 12.10% and a net margin of 0.91%. The business had revenue of $322.50 million during the quarter, compared to analyst estimates of $316.49 million. During the same quarter last year, the company posted $0.65 EPS. Compass Minerals International’s quarterly revenue was up 10.9% compared to the same quarter last year. On average, analysts forecast that Compass Minerals International, Inc. will post 2.28 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 17th. Investors of record on Monday, December 3rd will be issued a $0.72 dividend. The ex-dividend date of this dividend is Friday, November 30th. This represents a $2.88 annualized dividend and a yield of 5.56%. Compass Minerals International’s dividend payout ratio (DPR) is presently 104.73%.

Several equities analysts recently commented on CMP shares. BMO Capital Markets decreased their price objective on shares of Compass Minerals International from $70.00 to $65.00 and set a “market perform” rating for the company in a research report on Wednesday, October 24th. ValuEngine raised shares of Compass Minerals International from a “sell” rating to a “hold” rating in a research report on Wednesday, September 19th. Zacks Investment Research lowered shares of Compass Minerals International from a “hold” rating to a “sell” rating in a research report on Tuesday, October 9th. Monness Crespi & Hardt decreased their price objective on shares of Compass Minerals International from $76.00 to $63.00 and set a “buy” rating for the company in a research report on Friday, November 2nd. Finally, Credit Suisse Group set a $49.00 price objective on shares of Compass Minerals International and gave the company a “sell” rating in a research report on Friday, November 2nd. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and three have issued a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of $65.00.

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About Compass Minerals International

Compass Minerals International, Inc, produces and sells salt, and specialty plant nutrition and chemical products primarily in the United States, Canada, Brazil, and the United Kingdom. It operates in three segments: Salt, Plant Nutrition North America, and Plant Nutrition South America. The Salt segment offers 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 salt to produce specialty products.

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

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