Krilogy Financial LLC Boosts Stock Position in Compass Minerals International, Inc. $CMP

Krilogy Financial LLC lifted its holdings in shares of Compass Minerals International, Inc. (NYSE:CMP) by 188.7% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 58,651 shares of the basic materials company’s stock after buying an additional 38,335 shares during the quarter. Krilogy Financial LLC’s holdings in Compass Minerals International were worth $1,516,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the stock. O Keefe Stevens Advisory Inc. raised its holdings in shares of Compass Minerals International by 4.2% during the fourth quarter. O Keefe Stevens Advisory Inc. now owns 593,887 shares of the basic materials company’s stock valued at $11,664,000 after acquiring an additional 23,860 shares during the last quarter. Jefferies Financial Group Inc. acquired a new stake in Compass Minerals International during the 3rd quarter worth $1,012,000. American Century Companies Inc. grew its holdings in shares of Compass Minerals International by 35.0% during the third quarter. American Century Companies Inc. now owns 1,236,884 shares of the basic materials company’s stock worth $23,748,000 after buying an additional 320,796 shares in the last quarter. SG Americas Securities LLC grew its holdings in shares of Compass Minerals International by 105.9% during the fourth quarter. SG Americas Securities LLC now owns 45,228 shares of the basic materials company’s stock worth $888,000 after buying an additional 23,261 shares in the last quarter. Finally, Aristeia Capital L.L.C. lifted its stake in shares of Compass Minerals International by 87.7% in the fourth quarter. Aristeia Capital L.L.C. now owns 56,439 shares of the basic materials company’s stock worth $1,108,000 after buying an additional 26,371 shares in the last quarter. Institutional investors and hedge funds own 99.78% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on CMP. Weiss Ratings raised shares of Compass Minerals International from a “sell (d)” rating to a “sell (d+)” rating in a research note on Thursday, June 18th. Compass Point set a $30.00 target price on Compass Minerals International in a research note on Thursday, May 14th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $35.00 target price on shares of Compass Minerals International in a research note on Wednesday, May 27th. Zacks Research cut shares of Compass Minerals International from a “strong-buy” rating to a “hold” rating in a research note on Monday, May 4th. Finally, Wall Street Zen downgraded shares of Compass Minerals International from a “buy” rating to a “hold” rating in a report on Saturday, June 13th. One analyst has rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Compass Minerals International has an average rating of “Hold” and an average price target of $28.80.

Compass Minerals International Trading Up 2.0%

Shares of NYSE CMP opened at $28.67 on Thursday. The stock has a fifty day simple moving average of $28.93 and a 200-day simple moving average of $24.87. Compass Minerals International, Inc. has a twelve month low of $16.40 and a twelve month high of $34.50. The company has a current ratio of 2.06, a quick ratio of 1.34 and a debt-to-equity ratio of 2.60. The stock has a market capitalization of $1.20 billion, a PE ratio of 191.13 and a beta of 1.23.

Compass Minerals International (NYSE:CMP) last released its earnings results on Wednesday, May 6th. The basic materials company reported $0.63 earnings per share for the quarter, beating the consensus estimate of $0.59 by $0.04. The company had revenue of $453.20 million during the quarter, compared to the consensus estimate of $418.97 million. Compass Minerals International had a return on equity of 8.99% and a net margin of 0.55%.Compass Minerals International’s revenue was down 8.4% compared to the same quarter last year. During the same period in the previous year, the company posted $0.63 EPS. On average, equities analysts forecast that Compass Minerals International, Inc. will post 0.82 earnings per share for the current year.

Compass Minerals International Company Profile

Compass Minerals International, Inc is a global producer of essential mineral-based products, primarily known for its salt and plant nutrition portfolios. The company’s deicing salts are used by municipalities and commercial customers across North America to maintain safer roadways in winter months. In addition, its water conditioning salts serve both residential and industrial users, supporting water treatment systems that remove hard minerals to protect plumbing and equipment.

Beyond conventional salt products, Compass Minerals has developed a specialty plant nutrition business focused on sulfate of potash (SOP), a premium fertilizer that provides both potassium and sulfur to crops.