Compass Minerals International, Inc. (NYSE:CMP) Shares Sold by Skylands Capital LLC

Skylands Capital LLC lowered its stake in shares of Compass Minerals International, Inc. (NYSE:CMP) by 38.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 89,900 shares of the basic materials company’s stock after selling 55,750 shares during the quarter. Skylands Capital LLC owned approximately 0.22% of Compass Minerals International worth $1,011,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also modified their holdings of the stock. Tsfg LLC acquired a new stake in Compass Minerals International during the 4th quarter worth $28,000. Signaturefd LLC boosted its position in shares of Compass Minerals International by 629.4% in the 3rd quarter. Signaturefd LLC now owns 2,407 shares of the basic materials company’s stock valued at $29,000 after purchasing an additional 2,077 shares during the period. Denver PWM LLC grew its stake in Compass Minerals International by 33.8% during the 3rd quarter. Denver PWM LLC now owns 3,745 shares of the basic materials company’s stock worth $45,000 after buying an additional 946 shares during the last quarter. Nisa Investment Advisors LLC boosted its stake in shares of Compass Minerals International by 247.7% during the third quarter. Nisa Investment Advisors LLC now owns 4,110 shares of the basic materials company’s stock worth $49,000 after buying an additional 2,928 shares during the period. Finally, New York State Common Retirement Fund grew its holdings in shares of Compass Minerals International by 35.9% during the fourth quarter. New York State Common Retirement Fund now owns 7,189 shares of the basic materials company’s stock worth $81,000 after buying an additional 1,900 shares during the last quarter. Hedge funds and other institutional investors own 99.78% of the company’s stock.

Compass Minerals International Trading Up 1.1 %

Shares of CMP opened at $12.02 on Monday. The firm has a 50 day simple moving average of $12.00 and a 200-day simple moving average of $11.96. The stock has a market cap of $498.62 million, a price-to-earnings ratio of -3.04 and a beta of 1.21. The company has a debt-to-equity ratio of 3.67, a current ratio of 2.37 and a quick ratio of 1.12. Compass Minerals International, Inc. has a 1-year low of $7.51 and a 1-year high of $23.59.

Compass Minerals International (NYSE:CMP) last issued its quarterly earnings data on Monday, February 10th. The basic materials company reported ($0.55) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.05) by ($0.50). Compass Minerals International had a negative net margin of 15.10% and a negative return on equity of 10.00%. Equities analysts forecast that Compass Minerals International, Inc. will post -0.53 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

CMP has been the subject of several recent research reports. StockNews.com raised Compass Minerals International from a “sell” rating to a “hold” rating in a report on Wednesday, February 12th. JPMorgan Chase & Co. upgraded Compass Minerals International from a “neutral” rating to an “overweight” rating and upped their price target for the stock from $13.00 to $15.00 in a report on Wednesday, February 12th. Finally, BMO Capital Markets decreased their target price on Compass Minerals International from $18.00 to $17.00 and set a “market perform” rating on the stock in a research report on Wednesday, February 12th.

About Compass Minerals International

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.