Raymond James Financial Services Advisors Inc. decreased its position in Compass Diversified Holdings (NYSE:CODI) by 6.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 49,025 shares of the financial services provider’s stock after selling 3,266 shares during the quarter. Raymond James Financial Services Advisors Inc. owned about 0.08% of Compass Diversified worth $870,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in CODI. Royal Bank of Canada lifted its holdings in shares of Compass Diversified by 2.4% in the second quarter. Royal Bank of Canada now owns 8,687,327 shares of the financial services provider’s stock valued at $151,591,000 after buying an additional 205,723 shares during the period. Alps Advisors Inc. acquired a new stake in shares of Compass Diversified in the second quarter valued at $3,367,000. American Century Companies Inc. lifted its holdings in shares of Compass Diversified by 8.4% in the second quarter. American Century Companies Inc. now owns 2,200,591 shares of the financial services provider’s stock valued at $38,400,000 after buying an additional 170,788 shares during the period. GSA Capital Partners LLP lifted its holdings in shares of Compass Diversified by 96.7% in the second quarter. GSA Capital Partners LLP now owns 164,090 shares of the financial services provider’s stock valued at $2,863,000 after buying an additional 80,663 shares during the period. Finally, Bank of America Corp DE lifted its holdings in shares of Compass Diversified by 40.5% in the first quarter. Bank of America Corp DE now owns 131,202 shares of the financial services provider’s stock valued at $2,178,000 after buying an additional 37,825 shares during the period. Institutional investors and hedge funds own 33.48% of the company’s stock.

Several analysts have recently weighed in on the company. BidaskClub lowered Compass Diversified from a “hold” rating to a “sell” rating in a report on Friday, September 1st. Zacks Investment Research raised Compass Diversified from a “strong sell” rating to a “hold” rating in a research report on Monday, August 7th. 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 has an average rating of “Hold” and an average target price of $19.50.

In related news, insider James Bottiglieri bought 5,000 shares of the business’s stock in a transaction dated Tuesday, November 14th. The shares were bought at an average cost of $16.63 per share, with a total value of $83,150.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 2.40% of the stock is owned by insiders.

Shares of Compass Diversified Holdings (CODI) opened at $16.95 on Friday. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.26 and a current ratio of 2.41. Compass Diversified Holdings has a 52-week low of $15.90 and a 52-week high of $19.50.

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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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Institutional Ownership by Quarter for Compass Diversified (NYSE:CODI)

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