Aptus Capital Advisors LLC Boosts Holdings in Compass Diversified (NYSE:CODI)

Aptus Capital Advisors LLC boosted its position in shares of Compass Diversified (NYSE:CODI) by 15.5% during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 269,304 shares of the financial services provider’s stock after purchasing an additional 36,224 shares during the quarter. Aptus Capital Advisors LLC owned about 0.36% of Compass Diversified worth $5,960,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Atria Investments Inc increased its holdings in Compass Diversified by 4.2% in the 3rd quarter. Atria Investments Inc now owns 67,372 shares of the financial services provider’s stock worth $1,491,000 after buying an additional 2,721 shares in the last quarter. Verdence Capital Advisors LLC increased its position in shares of Compass Diversified by 5.0% during the 3rd quarter. Verdence Capital Advisors LLC now owns 15,830 shares of the financial services provider’s stock valued at $350,000 after purchasing an additional 755 shares during the last quarter. North Star Investment Management Corp. lifted its stake in shares of Compass Diversified by 1.5% in the 3rd quarter. North Star Investment Management Corp. now owns 354,432 shares of the financial services provider’s stock worth $7,844,000 after purchasing an additional 5,071 shares during the period. Van ECK Associates Corp boosted its holdings in shares of Compass Diversified by 23.1% in the third quarter. Van ECK Associates Corp now owns 9,319 shares of the financial services provider’s stock worth $195,000 after buying an additional 1,748 shares during the last quarter. Finally, GFS Advisors LLC grew its position in Compass Diversified by 4,900.0% during the third quarter. GFS Advisors LLC now owns 17,500 shares of the financial services provider’s stock valued at $387,000 after buying an additional 17,150 shares during the period. 72.73% of the stock is currently owned by institutional investors.

Insider Activity at Compass Diversified

In other news, insider Patrick A. Maciariello acquired 5,000 shares of Compass Diversified stock in a transaction dated Friday, September 20th. The stock was purchased at an average cost of $21.87 per share, with a total value of $109,350.00. Following the completion of the purchase, the insider now directly owns 228,518 shares in the company, valued at approximately $4,997,688.66. This trade represents a 0.00 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. In other Compass Diversified news, insider Patrick A. Maciariello acquired 5,000 shares of the stock in a transaction dated Friday, September 20th. The shares were acquired at an average cost of $21.87 per share, for a total transaction of $109,350.00. Following the completion of the transaction, the insider now directly owns 228,518 shares of the company’s stock, valued at approximately $4,997,688.66. The trade was a 0.00 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, major shareholder Cgi Magyar Holdings Llc sold 135,274 shares of the stock in a transaction dated Monday, November 11th. The stock was sold at an average price of $23.05, for a total value of $3,118,065.70. Following the sale, the insider now owns 7,456,197 shares of the company’s stock, valued at $171,865,340.85. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. 1.76% of the stock is currently owned by corporate insiders.

Compass Diversified Stock Up 0.8 %

Shares of CODI stock opened at $23.27 on Wednesday. The company has a 50 day simple moving average of $21.36 and a two-hundred day simple moving average of $21.84. The stock has a market cap of $1.76 billion, a P/E ratio of 48.48, a P/E/G ratio of 1.49 and a beta of 1.67. Compass Diversified has a 12 month low of $18.19 and a 12 month high of $25.07. The company has a current ratio of 4.22, a quick ratio of 1.62 and a debt-to-equity ratio of 1.51.

Compass Diversified (NYSE:CODI) last posted its quarterly earnings data on Wednesday, October 30th. The financial services provider reported $0.64 EPS for the quarter, topping the consensus estimate of $0.54 by $0.10. The firm had revenue of $582.62 million during the quarter, compared to analyst estimates of $571.68 million. Compass Diversified had a return on equity of 12.25% and a net margin of 6.24%. Compass Diversified’s revenue was up 11.8% on a year-over-year basis. During the same period in the prior year, the business posted $0.34 EPS. On average, research analysts expect that Compass Diversified will post 1.95 earnings per share for the current year.

Compass Diversified Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 24th. Stockholders of record on Thursday, October 17th were given a dividend of $0.25 per share. The ex-dividend date was Thursday, October 17th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 4.30%. Compass Diversified’s payout ratio is currently 208.33%.

Compass Diversified Company Profile

Compass Diversified is a private equity firm specializing in add on acquisitions, buyouts, industry consolidation, recapitalization, late stage and middle market investments. It seeks to invest in niche industrial or branded consumer companies, manufacturing, distribution, consumer products, business services sector, healthcare, safety & security, electronic components, food and foodservice.