First Personal Financial Services trimmed its position in shares of Compass Minerals International, Inc. (NYSE:CMP) by 6.5% in the 1st quarter, Holdings Channel reports. The fund owned 3,427 shares of the basic materials company’s stock after selling 240 shares during the quarter. First Personal Financial Services’ holdings in Compass Minerals International were worth $186,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of CMP. Vanguard Group Inc. raised its stake in Compass Minerals International by 0.8% in the third quarter. Vanguard Group Inc. now owns 3,310,893 shares of the basic materials company’s stock worth $222,492,000 after buying an additional 24,801 shares in the last quarter. BlackRock Inc. raised its stake in Compass Minerals International by 0.9% in the fourth quarter. BlackRock Inc. now owns 3,922,568 shares of the basic materials company’s stock worth $163,532,000 after buying an additional 33,948 shares in the last quarter. Beacon Financial Group raised its stake in Compass Minerals International by 31.6% in the fourth quarter. Beacon Financial Group now owns 68,375 shares of the basic materials company’s stock worth $2,813,000 after buying an additional 16,430 shares in the last quarter. Janney Montgomery Scott LLC raised its stake in Compass Minerals International by 2.9% in the fourth quarter. Janney Montgomery Scott LLC now owns 14,826 shares of the basic materials company’s stock worth $618,000 after buying an additional 414 shares in the last quarter. Finally, Southpoint Capital Advisors LP bought a new position in Compass Minerals International in the third quarter worth about $35,683,000. 94.75% of the stock is owned by hedge funds and other institutional investors.

A number of research firms recently issued reports on CMP. Zacks Investment Research raised shares of Compass Minerals International from a “strong sell” rating to a “hold” rating in a research note on Tuesday, April 16th. ValuEngine raised shares of Compass Minerals International from a “sell” rating to a “hold” rating in a research note on Friday, February 15th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating to the company’s stock. Compass Minerals International currently has an average rating of “Hold” and a consensus target price of $55.27.

CMP stock opened at $55.74 on Tuesday. Compass Minerals International, Inc. has a 1 year low of $38.19 and a 1 year high of $71.25. The stock has a market capitalization of $1.95 billion, a P/E ratio of 28.88 and a beta of 1.35. The company has a quick ratio of 1.60, a current ratio of 2.55 and a debt-to-equity ratio of 2.45.

Compass Minerals International (NYSE:CMP) last announced its quarterly earnings data on Monday, February 11th. The basic materials company reported $1.41 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.79 by ($0.38). The business had revenue of $486.50 million during the quarter, compared to analysts’ expectations of $501.10 million. Compass Minerals International had a return on equity of 11.49% and a net margin of 4.61%. On average, equities analysts anticipate that Compass Minerals International, Inc. will post 2.54 earnings per share for the current fiscal year.

In other Compass Minerals International news, Chairman Richard S. Grant acquired 2,000 shares of the business’s stock in a transaction on Thursday, March 28th. The shares were acquired at an average price of $52.54 per share, for a total transaction of $105,080.00. Following the completion of the acquisition, the chairman now owns 25,194 shares in the company, valued at $1,323,692.76. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. 0.60% of the stock is currently owned by corporate insiders.

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Compass Minerals International Profile

Compass Minerals International, Inc, produces and sells salt, and specialty plant nutrition and chemical products primarily in the United States, Canada, Brazil, and the United Kingdom. It operates through three segments: Salt, Plant Nutrition North America, and Plant Nutrition South America. The Salt segment offers sodium chloride and magnesium chloride, including rock salt, mechanically and solar evaporated salt, and brine and flake magnesium chloride products; and purchases potassium chloride and calcium chloride to sell as finished products or to blend with salt to produce specialty products.

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

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