Shares of Compass Diversified Holdings (NYSE:CODI) have been assigned a consensus rating of “Buy” from the eight analysts that are currently covering the company. One analyst has rated the stock with a hold rating, five have given a buy rating and two have given a strong buy rating to the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is $18.91.

CODI has been the topic of several analyst reports. Jefferies Group reissued a “buy” rating and set a $20.00 price objective on shares of Compass Diversified Holdings in a research note on Friday, September 23rd. Bank of America Corp. reissued a “buy” rating and set a $18.00 price objective on shares of Compass Diversified Holdings in a research note on Friday, August 26th. William Blair reissued an “outperform” rating on shares of Compass Diversified Holdings in a research note on Friday, September 30th. Finally, Zacks Investment Research raised Compass Diversified Holdings from a “hold” rating to a “strong-buy” rating and set a $20.00 price objective on the stock in a research note on Thursday, September 1st.

Hedge funds and other institutional investors have recently made changes to their positions in the stock. McKinley Carter Wealth Services Inc. raised its position in shares of Compass Diversified Holdings by 0.5% in the second quarter. McKinley Carter Wealth Services Inc. now owns 13,900 shares of the company’s stock valued at $231,000 after buying an additional 76 shares during the period. Shell Asset Management Co. acquired a new position in shares of Compass Diversified Holdings during the second quarter valued at about $805,000. Royal Bank of Canada raised its position in shares of Compass Diversified Holdings by 2.9% in the second quarter. Royal Bank of Canada now owns 8,131,658 shares of the company’s stock valued at $134,905,000 after buying an additional 229,014 shares during the period. California Public Employees Retirement System raised its position in shares of Compass Diversified Holdings by 0.5% in the second quarter. California Public Employees Retirement System now owns 144,600 shares of the company’s stock valued at $2,399,000 after buying an additional 700 shares during the period. Finally, Legal & General Group Plc raised its position in shares of Compass Diversified Holdings by 30.8% in the first quarter. Legal & General Group Plc now owns 109,155 shares of the company’s stock valued at $1,705,000 after buying an additional 25,696 shares during the period.

Compass Diversified Holdings (NYSE:CODI) opened at 18.70 on Wednesday. Compass Diversified Holdings has a 12 month low of $13.65 and a 12 month high of $19.01. The stock has a 50 day moving average price of $17.89 and a 200 day moving average price of $16.92. The company has a market cap of $1.02 billion, a price-to-earnings ratio of 68.25 and a beta of 1.01.

The firm also recently announced a dividend, which was paid on Thursday, October 27th. Shareholders of record on Thursday, October 20th were given a dividend of $0.36 per share. The ex-dividend date was Tuesday, October 18th.

About Compass Diversified Holdings

Compass Diversified Holdings (the Trust) and Compass Group Diversified Holdings, LLC, (the Company), acquires and manages a group of small and middle-market businesses. The Company’s segments include The Ergo Baby Carrier, Inc (Ergobaby), Liberty Safe and Security Products, Inc (Liberty Safe or Liberty), Fresh Hemp Foods Ltd.

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