Northwestern Mutual Investment Management Company LLC boosted its position in shares of Compass Minerals International Inc. (NYSE:CMP) by 0.2% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,831 shares of the company’s stock after buying an additional 10 shares during the period. Northwestern Mutual Investment Management Company LLC’s holdings in Compass Minerals International were worth $433,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of CMP. Emerald Acquisition Ltd. purchased a new position in Compass Minerals International during the second quarter worth $24,396,000. Norges Bank purchased a new position in Compass Minerals International during the fourth quarter worth $21,451,000. RS Investment Management Co. LLC raised its position in Compass Minerals International by 106.0% in the second quarter. RS Investment Management Co. LLC now owns 500,093 shares of the company’s stock worth $37,102,000 after buying an additional 257,312 shares during the period. Van ECK Associates Corp purchased a new position in Compass Minerals International during the second quarter worth $16,637,000. Finally, State Street Corp raised its position in Compass Minerals International by 15.7% in the first quarter. State Street Corp now owns 1,163,425 shares of the company’s stock worth $82,435,000 after buying an additional 157,777 shares during the period. Hedge funds and other institutional investors own 97.03% of the company’s stock.

Shares of Compass Minerals International Inc. (NYSE:CMP) opened at 71.54 on Wednesday. The company has a 50 day moving average of $72.34 and a 200 day moving average of $73.96. The stock has a market capitalization of $2.42 billion, a price-to-earnings ratio of 17.20 and a beta of 0.71. Compass Minerals International Inc. has a 52-week low of $66.30 and a 52-week high of $86.41.

Compass Minerals International (NYSE:CMP) last announced its quarterly earnings data on Monday, July 25th. The company reported $0.18 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.17 by $0.01. Compass Minerals International had a return on equity of 21.37% and a net margin of 13.63%. The company had revenue of $169.50 million for the quarter, compared to analyst estimates of $177.56 million. During the same quarter last year, the firm earned $0.39 EPS. Compass Minerals International’s revenue for the quarter was down 7.7% compared to the same quarter last year. Analysts predict that Compass Minerals International Inc. will post $2.79 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 15th. Stockholders of record on Thursday, September 1st were issued a dividend of $0.695 per share. This represents a $2.78 annualized dividend and a dividend yield of 3.89%. The ex-dividend date of this dividend was Tuesday, August 30th. Compass Minerals International’s payout ratio is presently 66.83%.

CMP has been the topic of a number of analyst reports. Stifel Nicolaus initiated coverage on shares of Compass Minerals International in a research report on Tuesday, July 12th. They issued a “buy” rating and a $90.00 price objective on the stock. KeyCorp lowered shares of Compass Minerals International from an “overweight” rating to a “sector weight” rating in a research report on Wednesday, June 15th. Zacks Investment Research upgraded shares of Compass Minerals International from a “sell” rating to a “hold” rating in a research report on Tuesday, June 28th. TheStreet lowered shares of Compass Minerals International from a “buy” rating to a “hold” rating in a research report on Monday, July 25th. Finally, Cantor Fitzgerald restated a “hold” rating and set a $98.00 target price on shares of Compass Minerals International in a research report on Sunday, June 5th. One research analyst has rated the stock with a sell rating, seven have given a hold rating and one has issued a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of $76.25.

Compass Minerals International Company Profile

Compass Minerals International, Inc is a holding company. The Company, through its subsidiaries, is engaged in producing and marketing essential minerals, including salt, sulfate of potash (SOP) specialty fertilizer, magnesium chloride and micronutrients. It operates through two segments, which include salt and plant nutrition.

5 Day Chart for NYSE:CMP

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