Gs Investments Inc. Purchases 4,900 Shares of Compass Minerals International, Inc. (CMP)

Gs Investments Inc. boosted its position in Compass Minerals International, Inc. (NYSE:CMP) by 28.6% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 22,040 shares of the basic materials company’s stock after acquiring an additional 4,900 shares during the period. Gs Investments Inc. owned 0.07% of Compass Minerals International worth $1,430,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. JPMorgan Chase & Co. lifted its stake in Compass Minerals International by 70.0% in the first quarter. JPMorgan Chase & Co. now owns 11,233 shares of the basic materials company’s stock valued at $762,000 after buying an additional 4,626 shares during the period. Prudential Financial Inc. lifted its stake in Compass Minerals International by 7.0% in the first quarter. Prudential Financial Inc. now owns 20,889 shares of the basic materials company’s stock valued at $1,417,000 after buying an additional 1,360 shares during the period. Thrivent Financial For Lutherans lifted its stake in Compass Minerals International by 9.3% in the first quarter. Thrivent Financial For Lutherans now owns 6,320 shares of the basic materials company’s stock valued at $429,000 after buying an additional 540 shares during the period. Morgan Stanley lifted its stake in Compass Minerals International by 47.4% in the first quarter. Morgan Stanley now owns 152,461 shares of the basic materials company’s stock valued at $10,344,000 after buying an additional 49,008 shares during the period. Finally, Renaissance Technologies LLC lifted its stake in Compass Minerals International by 389.2% in the first quarter. Renaissance Technologies LLC now owns 90,500 shares of the basic materials company’s stock valued at $6,140,000 after buying an additional 72,000 shares during the period.

Compass Minerals International, Inc. (NYSE CMP) traded down $0.95 during midday trading on Wednesday, hitting $66.50. The stock had a trading volume of 200,700 shares, compared to its average volume of 400,475. The firm has a market capitalization of $2,281.67, a price-to-earnings ratio of 27.64 and a beta of 0.49. The company has a debt-to-equity ratio of 1.70, a quick ratio of 1.18 and a current ratio of 2.52. Compass Minerals International, Inc. has a 52 week low of $59.72 and a 52 week high of $84.40.

Compass Minerals International (NYSE:CMP) last released its quarterly earnings results on Monday, October 30th. The basic materials company reported $0.65 EPS for the quarter, missing the Zacks’ consensus estimate of $0.85 by ($0.20). The business had revenue of $290.70 million for the quarter, compared to analyst estimates of $323.76 million. Compass Minerals International had a return on equity of 11.52% and a net margin of 10.72%. The company’s revenue for the quarter was up 61.9% compared to the same quarter last year. During the same period in the prior year, the business earned $0.27 EPS. analysts anticipate that Compass Minerals International, Inc. will post 2.62 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Stockholders of record on Friday, December 1st will be given a dividend of $0.72 per share. This represents a $2.88 dividend on an annualized basis and a dividend yield of 4.33%. The ex-dividend date of this dividend is Thursday, November 30th. Compass Minerals International’s dividend payout ratio is currently 67.76%.

Several research firms have weighed in on CMP. Stifel Nicolaus reissued a “buy” rating and issued a $84.00 target price on shares of Compass Minerals International in a research note on Wednesday, November 1st. Zacks Investment Research lowered Compass Minerals International from a “hold” rating to a “sell” rating in a research note on Thursday, October 5th. Monness Crespi & Hardt raised Compass Minerals International from a “neutral” rating to a “buy” rating and set a $76.00 price target on the stock in a research report on Monday, October 2nd. J P Morgan Chase & Co raised Compass Minerals International from a “neutral” rating to an “overweight” rating and set a $70.00 price target on the stock in a research report on Monday, September 25th. Finally, BidaskClub raised Compass Minerals International from a “strong sell” rating to a “sell” rating in a research report on Wednesday, August 23rd. 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. Compass Minerals International currently has a consensus rating of “Hold” and a consensus price target of $73.60.

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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.

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

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