Global Endowment Management LP increased its holdings in Compass Minerals International, Inc. (NYSE:CMP) by 10.5% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 50,300 shares of the basic materials company’s stock after acquiring an additional 4,800 shares during the period. Global Endowment Management LP owned about 0.15% of Compass Minerals International worth $3,285,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Bernzott Capital Advisors grew its holdings in shares of Compass Minerals International by 19.8% in the first quarter. Bernzott Capital Advisors now owns 206,901 shares of the basic materials company’s stock valued at $14,038,000 after acquiring an additional 34,170 shares in the last quarter. Viking Fund Management LLC grew its holdings in shares of Compass Minerals International by 45.0% in the second quarter. Viking Fund Management LLC now owns 29,000 shares of the basic materials company’s stock valued at $1,894,000 after acquiring an additional 9,000 shares in the last quarter. Victory Capital Management Inc. grew its holdings in shares of Compass Minerals International by 6.4% in the second quarter. Victory Capital Management Inc. now owns 685,435 shares of the basic materials company’s stock valued at $44,758,000 after acquiring an additional 41,119 shares in the last quarter. Private Advisor Group LLC grew its holdings in shares of Compass Minerals International by 55.2% in the second quarter. Private Advisor Group LLC now owns 24,893 shares of the basic materials company’s stock valued at $1,653,000 after acquiring an additional 8,852 shares in the last quarter. Finally, Capstone Asset Management Co. grew its holdings in shares of Compass Minerals International by 3.4% in the first quarter. Capstone Asset Management Co. now owns 3,026 shares of the basic materials company’s stock valued at $205,000 after acquiring an additional 100 shares in the last quarter.

Several equities analysts have recently issued reports on CMP shares. BidaskClub raised Compass Minerals International from a “strong sell” rating to a “sell” rating in a report on Wednesday, August 23rd. Zacks Investment Research raised Compass Minerals International from a “sell” rating to a “hold” rating in a report on Monday, August 14th. Stifel Nicolaus reaffirmed a “buy” rating and issued a $84.00 target price on shares of Compass Minerals International in a report on Thursday. Credit Suisse Group set a $63.00 target price on Compass Minerals International and gave the company a “hold” rating in a report on Wednesday, August 9th. Finally, J P Morgan Chase & Co upgraded Compass Minerals International from a “neutral” rating to an “overweight” rating in a research note on Monday. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and two have given a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of $75.60.

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Compass Minerals International (NYSE:CMP) last posted its earnings results on Monday, August 7th. The basic materials company reported ($0.19) EPS for the quarter, missing analysts’ consensus estimates of ($0.07) by ($0.12). Compass Minerals International had a return on equity of 10.01% and a net margin of 9.83%. The company had revenue of $228.00 million during the quarter, compared to the consensus estimate of $261.13 million. During the same period last year, the firm posted $0.18 EPS. The company’s revenue for the quarter was up 34.5% on a year-over-year basis.

The business also recently announced a quarterly dividend, which was paid on Friday, September 15th. Shareholders of record on Friday, September 1st were given a $0.72 dividend. This represents a $2.88 dividend on an annualized basis and a yield of 4.79%. The ex-dividend date of this dividend was Wednesday, August 30th. Compass Minerals International’s dividend payout ratio (DPR) is presently 80.45%.

About Compass Minerals International

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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