Stifel Financial Corp increased its stake in Compass Minerals International, Inc. (NYSE:CMP) by 89.1% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 73,124 shares of the basic materials company’s stock after purchasing an additional 34,458 shares during the period. Stifel Financial Corp owned 0.22% of Compass Minerals International worth $4,730,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Bruderman Asset Management LLC bought a new position in Compass Minerals International in the 2nd quarter worth approximately $146,000. IFP Advisors Inc raised its position in Compass Minerals International by 93.6% in the 3rd quarter. IFP Advisors Inc now owns 2,431 shares of the basic materials company’s stock worth $158,000 after purchasing an additional 1,175 shares during the last quarter. Raymond James Financial Services Advisors Inc. bought a new position in Compass Minerals International in the 2nd quarter worth approximately $206,000. Legg Mason Asset Management Japan Co. Ltd. bought a new position in Compass Minerals International in the 2nd quarter worth approximately $229,000. Finally, CFO4Life Group LLC raised its position in shares of Compass Minerals International by 20.1% during the 2nd quarter. CFO4Life Group LLC now owns 3,593 shares of the basic materials company’s stock valued at $235,000 after acquiring an additional 602 shares during the last quarter.

Several analysts have commented on CMP shares. TheStreet upgraded shares of Compass Minerals International from a “c+” rating to a “b” rating in a research report on Thursday, November 30th. Stifel Nicolaus reiterated a “buy” rating and set a $84.00 target price on shares of Compass Minerals International in a research report on Wednesday, November 1st. Monness Crespi & Hardt upgraded shares of Compass Minerals International from a “neutral” rating to a “buy” rating and set a $76.00 target price for the company in a research report on Monday, October 2nd. J P Morgan Chase & Co upgraded shares of Compass Minerals International from a “neutral” rating to an “overweight” rating and set a $70.00 target price for the company in a research report on Monday, September 25th. Finally, Zacks Investment Research cut shares of Compass Minerals International from a “hold” rating to a “sell” rating in a research report on Thursday, October 5th. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of $73.60.

Shares of Compass Minerals International, Inc. (NYSE CMP) opened at $70.35 on Friday. The company has a market cap of $2,322.26, a price-to-earnings ratio of 28.14 and a beta of 0.51. Compass Minerals International, Inc. has a 1 year low of $59.72 and a 1 year high of $84.40. The company has a current ratio of 2.52, a quick ratio of 1.18 and a debt-to-equity ratio of 1.70.

Compass Minerals International (NYSE:CMP) last issued its earnings results on Monday, October 30th. The basic materials company reported $0.65 EPS for the quarter, missing the consensus estimate of $0.85 by ($0.20). Compass Minerals International had a net margin of 10.72% and a return on equity of 11.52%. The business had revenue of $290.70 million for the quarter, compared to the consensus estimate of $323.76 million. During the same quarter in the previous year, the firm posted $0.27 EPS. The business’s revenue was up 61.9% on a year-over-year basis. equities research analysts forecast that Compass Minerals International, Inc. will post 2.62 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Friday, December 15th. Stockholders of record on Friday, December 1st were issued a $0.72 dividend. This represents a $2.88 annualized dividend and a dividend yield of 4.09%. The ex-dividend date of this dividend was Thursday, November 30th. Compass Minerals International’s dividend payout ratio (DPR) is 67.76%.

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Compass Minerals International Company Profile

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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