Compass Minerals International, Inc. $CMP Position Increased by O Keefe Stevens Advisory Inc.

O Keefe Stevens Advisory Inc. boosted its stake in shares of Compass Minerals International, Inc. (NYSE:CMP) by 4.2% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 593,887 shares of the basic materials company’s stock after purchasing an additional 23,860 shares during the quarter. Compass Minerals International makes up approximately 3.0% of O Keefe Stevens Advisory Inc.’s holdings, making the stock its 15th largest position. O Keefe Stevens Advisory Inc.’s holdings in Compass Minerals International were worth $11,664,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in CMP. Police & Firemen s Retirement System of New Jersey increased its position in Compass Minerals International by 11.2% in the second quarter. Police & Firemen s Retirement System of New Jersey now owns 7,863 shares of the basic materials company’s stock worth $158,000 after buying an additional 791 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of Compass Minerals International by 4.3% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 20,665 shares of the basic materials company’s stock worth $192,000 after acquiring an additional 858 shares during the last quarter. BNP Paribas Financial Markets grew its position in shares of Compass Minerals International by 8.4% during the second quarter. BNP Paribas Financial Markets now owns 20,070 shares of the basic materials company’s stock worth $403,000 after acquiring an additional 1,555 shares during the last quarter. State of Alaska Department of Revenue acquired a new stake in shares of Compass Minerals International in the 3rd quarter worth about $31,000. Finally, Osaic Holdings Inc. lifted its position in Compass Minerals International by 3.5% in the 2nd quarter. Osaic Holdings Inc. now owns 64,702 shares of the basic materials company’s stock valued at $1,294,000 after purchasing an additional 2,211 shares during the last quarter. 99.78% of the stock is currently owned by institutional investors.

Compass Minerals International Stock Performance

Shares of CMP opened at $21.51 on Monday. The firm has a market capitalization of $900.41 million, a PE ratio of -23.38 and a beta of 1.15. The company has a quick ratio of 1.53, a current ratio of 2.59 and a debt-to-equity ratio of 3.39. The firm has a 50-day moving average price of $23.78 and a 200 day moving average price of $20.53. Compass Minerals International, Inc. has a 52-week low of $8.60 and a 52-week high of $27.00.

Compass Minerals International (NYSE:CMP) last released its quarterly earnings results on Wednesday, February 4th. The basic materials company reported $0.43 EPS for the quarter, topping analysts’ consensus estimates of $0.11 by $0.32. The company had revenue of $396.10 million for the quarter, compared to the consensus estimate of $329.23 million. Compass Minerals International had a negative net margin of 2.82% and a positive return on equity of 8.69%. Compass Minerals International’s revenue was up 28.9% on a year-over-year basis. During the same period in the previous year, the firm earned ($0.55) EPS. On average, sell-side analysts anticipate that Compass Minerals International, Inc. will post -0.53 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research analysts have issued reports on the stock. BMO Capital Markets boosted their target price on shares of Compass Minerals International from $20.00 to $25.00 and gave the company a “market perform” rating in a research note on Monday, January 5th. Weiss Ratings restated a “sell (d-)” rating on shares of Compass Minerals International in a research note on Wednesday, January 21st. Zacks Research raised Compass Minerals International from a “hold” rating to a “strong-buy” rating in a report on Tuesday, February 17th. Loop Capital set a $24.00 price objective on Compass Minerals International in a research report on Tuesday, December 30th. Finally, Compass Point set a $22.00 price objective on Compass Minerals International in a report on Tuesday, December 16th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, one has assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, Compass Minerals International presently has a consensus rating of “Hold” and a consensus target price of $22.00.

About Compass Minerals International

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.