Tsfg LLC Takes $28,000 Position in Compass Minerals International, Inc. (NYSE:CMP)

Tsfg LLC acquired a new position in shares of Compass Minerals International, Inc. (NYSE:CMP) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 2,500 shares of the basic materials company’s stock, valued at approximately $28,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Signaturefd LLC raised its position in shares of Compass Minerals International by 629.4% in the third quarter. Signaturefd LLC now owns 2,407 shares of the basic materials company’s stock valued at $29,000 after buying an additional 2,077 shares during the last quarter. Denver PWM LLC grew its stake in Compass Minerals International by 33.8% in the 3rd quarter. Denver PWM LLC now owns 3,745 shares of the basic materials company’s stock worth $45,000 after acquiring an additional 946 shares during the period. Point72 Asia Singapore Pte. Ltd. acquired a new position in Compass Minerals International in the 2nd quarter valued at $46,000. Nisa Investment Advisors LLC lifted its stake in shares of Compass Minerals International by 247.7% during the 3rd quarter. Nisa Investment Advisors LLC now owns 4,110 shares of the basic materials company’s stock worth $49,000 after purchasing an additional 2,928 shares during the period. Finally, Triune Financial Partners LLC acquired a new stake in shares of Compass Minerals International during the third quarter worth $123,000. Hedge funds and other institutional investors own 99.78% of the company’s stock.

Compass Minerals International Trading Up 5.2 %

Shares of CMP opened at $13.04 on Tuesday. The stock’s fifty day simple moving average is $12.94 and its 200 day simple moving average is $11.78. Compass Minerals International, Inc. has a twelve month low of $7.51 and a twelve month high of $23.99. The company has a current ratio of 2.90, a quick ratio of 0.74 and a debt-to-equity ratio of 2.47. The firm has a market capitalization of $540.55 million, a P/E ratio of -3.18 and a beta of 1.21.

Compass Minerals International (NYSE:CMP) last issued its earnings results on Monday, December 16th. The basic materials company reported ($0.77) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.05 by ($0.82). Compass Minerals International had a positive return on equity of 4.75% and a negative net margin of 14.81%. The firm had revenue of $208.80 million for the quarter, compared to analysts’ expectations of $323.61 million. During the same quarter in the previous year, the firm posted $0.05 EPS. The firm’s revenue for the quarter was down 38.9% compared to the same quarter last year. On average, equities research analysts forecast that Compass Minerals International, Inc. will post 0.04 earnings per share for the current year.

Analyst Ratings Changes

Several equities analysts recently commented on CMP shares. BMO Capital Markets dropped their target price on Compass Minerals International from $20.00 to $18.00 and set a “market perform” rating for the company in a research note on Wednesday, December 18th. StockNews.com upgraded shares of Compass Minerals International to a “sell” rating in a report on Wednesday, September 18th.

Compass Minerals International Company Profile

Compass Minerals International, Inc, provides essential minerals in the United States, Canada, the United Kingdom, and internationally. It operates through two segments, Salt and Plant Nutrition. The Salt segment produces, markets, and sells 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 sodium chloride to produce specialty products.