Strategic Advisors LLC decreased its stake in shares of Compass Minerals International, Inc. (NYSE:CMP) by 11.5% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 5,081 shares of the basic materials company’s stock after selling 660 shares during the quarter. Strategic Advisors LLC’s holdings in Compass Minerals International were worth $332,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Bernzott Capital Advisors boosted its position in shares of Compass Minerals International by 19.8% during the first quarter. Bernzott Capital Advisors now owns 206,901 shares of the basic materials company’s stock worth $14,038,000 after acquiring an additional 34,170 shares during the last quarter. Viking Fund Management LLC boosted its position in shares of Compass Minerals International by 45.0% during the second quarter. Viking Fund Management LLC now owns 29,000 shares of the basic materials company’s stock worth $1,894,000 after acquiring an additional 9,000 shares during the last quarter. Capstone Asset Management Co. boosted its position in shares of Compass Minerals International by 3.4% during the first quarter. Capstone Asset Management Co. now owns 3,026 shares of the basic materials company’s stock worth $205,000 after acquiring an additional 100 shares during the last quarter. CFO4Life Group LLC bought a new position in shares of Compass Minerals International during the first quarter worth $203,000. Finally, CGOV Asset Management boosted its position in shares of Compass Minerals International by 40.0% during the first quarter. CGOV Asset Management now owns 7,000 shares of the basic materials company’s stock worth $633,000 after acquiring an additional 2,000 shares during the last quarter.

A number of equities analysts recently weighed in on CMP shares. BidaskClub upgraded shares of Compass Minerals International from a “strong sell” rating to a “sell” rating in a research report on Wednesday, August 23rd. Credit Suisse Group set a $63.00 target price on shares of Compass Minerals International and gave the stock a “hold” rating in a research report on Wednesday, August 9th. Finally, Zacks Investment Research upgraded shares of Compass Minerals International from a “sell” rating to a “hold” rating in a research report on Tuesday, May 16th. One equities research analyst has rated the stock with a sell rating and four have issued a hold rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of $73.50.

Shares of Compass Minerals International, Inc. (CMP) traded down 0.14% during trading on Wednesday, hitting $69.60. 33,453 shares of the company were exchanged. The firm has a market capitalization of $2.35 billion, a PE ratio of 19.45 and a beta of 0.46. Compass Minerals International, Inc. has a 12 month low of $62.70 and a 12 month high of $84.40. The firm’s 50-day moving average price is $66.92 and its 200 day moving average price is $67.38.

Compass Minerals International (NYSE:CMP) last released its quarterly earnings results on Monday, August 7th. The basic materials company reported ($0.19) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 company had revenue of $228.00 million during the quarter, compared to analyst estimates of $261.13 million. During the same period in the prior year, the business posted $0.18 EPS. Compass Minerals International’s revenue was up 34.5% compared to the same quarter last year. On average, equities research analysts expect that Compass Minerals International, Inc. will post $3.02 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Friday, September 15th. Investors of record on Friday, September 1st will be paid a $0.72 dividend. The ex-dividend date is Wednesday, August 30th. This represents a $2.88 dividend on an annualized basis and a yield of 4.13%. Compass Minerals International’s dividend payout ratio is currently 80.45%.

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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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