Vanguard Group Inc. grew its position in shares of Compass Minerals International, Inc. (NYSE:CMP) by 1.4% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,040,104 shares of the basic materials company’s stock after purchasing an additional 41,002 shares during the period. Vanguard Group Inc. owned approximately 8.99% of Compass Minerals International worth $198,519,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. Bruderman Asset Management LLC purchased a new position in shares of Compass Minerals International during the second quarter valued at about $146,000. Archford Capital Strategies LLC grew its position in shares of Compass Minerals International by 42.4% during the first quarter. Archford Capital Strategies LLC now owns 2,612 shares of the basic materials company’s stock valued at $177,000 after purchasing an additional 778 shares in the last quarter. LS Investment Advisors LLC grew its position in shares of Compass Minerals International by 20.3% during the second quarter. LS Investment Advisors LLC now owns 2,786 shares of the basic materials company’s stock valued at $182,000 after purchasing an additional 470 shares in the last quarter. CFO4Life Group LLC grew its position in shares of Compass Minerals International by 20.1% during the second quarter. CFO4Life Group LLC now owns 3,593 shares of the basic materials company’s stock valued at $235,000 after purchasing an additional 602 shares in the last quarter. Finally, Cobblestone Capital Advisors LLC NY grew its position in shares of Compass Minerals International by 19.1% during the second quarter. Cobblestone Capital Advisors LLC NY now owns 3,650 shares of the basic materials company’s stock valued at $238,000 after purchasing an additional 585 shares in the last quarter.

A number of research analysts have recently weighed in on the company. Zacks Investment Research lowered Compass Minerals International from a “hold” rating to a “sell” rating in a research report on Thursday, October 5th. Monness Crespi & Hardt upgraded Compass Minerals International from a “neutral” rating to a “buy” rating and set a $76.00 price objective for the company in a research report on Monday, October 2nd. J P Morgan Chase & Co upgraded Compass Minerals International from a “neutral” rating to an “overweight” rating and set a $70.00 price objective for the company in a research report on Monday, September 25th. Stifel Nicolaus restated a “buy” rating and set a $84.00 price objective on shares of Compass Minerals International in a research report on Thursday, September 21st. Finally, BidaskClub upgraded Compass Minerals International from a “strong sell” rating to a “sell” rating in a research report on Wednesday, August 23rd. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and three have given a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of $73.60.

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Compass Minerals International, Inc. (NYSE:CMP) opened at 65.95 on Tuesday. The stock has a market cap of $2.23 billion, a price-to-earnings ratio of 18.43 and a beta of 0.44. The company has a 50-day moving average price of $66.90 and a 200 day moving average price of $66.68. Compass Minerals International, Inc. has a 52-week low of $59.72 and a 52-week high of $84.40.

Compass Minerals International (NYSE:CMP) last announced its quarterly earnings data on Monday, August 7th. The basic materials company reported ($0.19) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.07) by ($0.12). Compass Minerals International had a net margin of 9.83% and a return on equity of 10.01%. The business had revenue of $228.00 million for the quarter, compared to analysts’ expectations of $261.13 million. During the same period in the prior year, the company posted $0.18 EPS. The firm’s revenue was up 34.5% on a year-over-year basis. On average, analysts expect that Compass Minerals International, Inc. will post $2.57 earnings per share for the current year.

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.

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Institutional Ownership by Quarter for Compass Minerals International (NYSE:CMP)

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