Landscape Capital Management L.L.C. purchased a new position in shares of Compass Minerals International, Inc. (NYSE:CMP) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 3,041 shares of the basic materials company’s stock, valued at approximately $220,000.
Other large investors have also recently added to or reduced their stakes in the company. Griffin Asset Management Inc. acquired a new stake in Compass Minerals International during the 3rd quarter worth approximately $1,298,000. BB&T Securities LLC lifted its holdings in Compass Minerals International by 8.8% during the 3rd quarter. BB&T Securities LLC now owns 222,417 shares of the basic materials company’s stock worth $14,434,000 after purchasing an additional 17,899 shares during the last quarter. Deprince Race & Zollo Inc. lifted its holdings in Compass Minerals International by 15.0% during the 4th quarter. Deprince Race & Zollo Inc. now owns 796,741 shares of the basic materials company’s stock worth $57,565,000 after purchasing an additional 103,909 shares during the last quarter. Atria Investments LLC lifted its holdings in Compass Minerals International by 48.1% during the 4th quarter. Atria Investments LLC now owns 8,736 shares of the basic materials company’s stock worth $631,000 after purchasing an additional 2,838 shares during the last quarter. Finally, Epoch Investment Partners Inc. lifted its holdings in Compass Minerals International by 0.7% during the 3rd quarter. Epoch Investment Partners Inc. now owns 500,983 shares of the basic materials company’s stock worth $32,514,000 after purchasing an additional 3,426 shares during the last quarter.
In other news, insider Francis Joseph Malecha sold 1,572 shares of Compass Minerals International stock in a transaction on Monday, March 12th. The stock was sold at an average price of $63.21, for a total value of $99,366.12. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. In the last quarter, insiders sold 2,229 shares of company stock worth $140,895. Corporate insiders own 0.78% of the company’s stock.
Compass Minerals International (NYSE:CMP) last issued its quarterly earnings results on Tuesday, February 13th. The basic materials company reported $1.66 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.37 by $0.29. Compass Minerals International had a return on equity of 13.02% and a net margin of 3.13%. The company had revenue of $457.90 million for the quarter, compared to analyst estimates of $468.52 million. equities research analysts anticipate that Compass Minerals International, Inc. will post 2.91 earnings per share for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 15th. Stockholders of record on Thursday, March 1st will be paid a $0.72 dividend. The ex-dividend date is Wednesday, February 28th. This represents a $2.88 annualized dividend and a dividend yield of 4.58%. Compass Minerals International’s payout ratio is 230.40%.
Several analysts recently weighed in on the company. ValuEngine cut Compass Minerals International from a “hold” rating to a “sell” rating in a report on Thursday, March 1st. Zacks Investment Research cut Compass Minerals International from a “hold” rating to a “strong sell” rating in a report on Wednesday, February 21st. Stifel Nicolaus dropped their price target on Compass Minerals International from $85.00 to $79.00 and set a “buy” rating for the company in a report on Friday, February 16th. Credit Suisse Group reaffirmed an “underperform” rating on shares of Compass Minerals International in a report on Thursday, February 15th. Finally, BMO Capital Markets dropped their price objective on Compass Minerals International from $75.00 to $70.00 and set a “market perform” rating for the company in a report on Thursday, February 15th. Four investment analysts have rated the stock with a sell rating, one has issued a hold rating and three have given a buy rating to the company’s stock. Compass Minerals International currently has an average rating of “Hold” and a consensus target price of $71.00.
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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.
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