SG Americas Securities LLC acquired a new stake in Compass Minerals International, Inc. (NYSE:CMP) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 9,307 shares of the basic materials company’s stock, valued at approximately $631,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in CMP. Parnassus Investments CA raised its position in shares of Compass Minerals International by 0.9% in the first quarter. Parnassus Investments CA now owns 3,035,178 shares of the basic materials company’s stock valued at $200,566,000 after buying an additional 27,998 shares during the last quarter. State Street Corp raised its position in shares of Compass Minerals International by 5.3% in the fourth quarter. State Street Corp now owns 1,360,063 shares of the basic materials company’s stock valued at $106,562,000 after buying an additional 67,971 shares during the last quarter. Morningstar Investment Services LLC raised its position in shares of Compass Minerals International by 5.0% in the first quarter. Morningstar Investment Services LLC now owns 830,846 shares of the basic materials company’s stock valued at $56,373,000 after buying an additional 39,421 shares during the last quarter. Dimensional Fund Advisors LP raised its position in shares of Compass Minerals International by 1.8% in the fourth quarter. Dimensional Fund Advisors LP now owns 823,987 shares of the basic materials company’s stock valued at $64,561,000 after buying an additional 14,908 shares during the last quarter. Finally, Wells Fargo & Company MN raised its position in shares of Compass Minerals International by 25.7% in the first quarter. Wells Fargo & Company MN now owns 779,834 shares of the basic materials company’s stock valued at $52,912,000 after buying an additional 159,469 shares during the last quarter.

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

Shares of Compass Minerals International, Inc. (NYSE CMP) opened at 64.80 on Wednesday. The firm has a market cap of $2.19 billion, a P/E ratio of 16.36 and a beta of 0.48. Compass Minerals International, Inc. has a 52-week low of $62.70 and a 52-week high of $84.40. The company’s 50-day moving average is $66.22 and its 200-day moving average is $72.91.

Compass Minerals International (NYSE:CMP) last announced its quarterly earnings results on Wednesday, May 3rd. The basic materials company reported $0.63 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.43 by $0.20. The business had revenue of $387.80 million during the quarter, compared to analyst estimates of $386.97 million. Compass Minerals International had a return on equity of 11.86% and a net margin of 11.40%. The firm’s revenue was up 12.2% on a year-over-year basis. During the same period in the previous year, the company earned $1.46 EPS. Equities research analysts forecast that Compass Minerals International, Inc. will post $3.10 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Thursday, June 15th. Stockholders of record on Thursday, June 1st were issued a dividend of $0.72 per share. The ex-dividend date of this dividend was Tuesday, May 30th. This represents a $2.88 annualized dividend and a dividend yield of 4.44%. Compass Minerals International’s dividend payout ratio is 72.91%.

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Several research analysts have recently weighed in on CMP shares. Zacks Investment Research lowered shares of Compass Minerals International from a “hold” rating to a “sell” rating in a report on Tuesday, March 21st. BMO Capital Markets reiterated a “hold” rating and set a $75.00 price objective on shares of Compass Minerals International in a report on Monday, May 15th. BidaskClub upgraded shares of Compass Minerals International from a “strong sell” rating to a “sell” rating in a report on Saturday, June 10th. Finally, TheStreet lowered shares of Compass Minerals International from a “b” rating to a “c+” rating in a report on Wednesday, March 29th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $80.25.

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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