Jefferies Group LLC reiterated their buy rating on shares of Compass Diversified Holdings (NYSE:CODI) in a report released on Friday, July 14th. Jefferies Group LLC currently has a $20.00 price objective on the financial services provider’s stock.

CODI has been the subject of several other reports. TheStreet upgraded Compass Diversified Holdings from a c+ rating to a b rating in a report on Friday, July 7th. BidaskClub upgraded Compass Diversified Holdings from a hold rating to a buy rating in a report on Wednesday, July 5th. Finally, Zacks Investment Research upgraded Compass Diversified Holdings from a sell rating to a hold rating in a report on Wednesday, June 7th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and four have assigned a buy rating to the stock. The company currently has an average rating of Hold and an average price target of $19.25.

Shares of Compass Diversified Holdings (NYSE:CODI) opened at 17.40 on Friday. Compass Diversified Holdings has a 1-year low of $15.90 and a 1-year high of $19.50. The company has a 50-day moving average price of $17.32 and a 200 day moving average price of $16.87. The firm has a market capitalization of $1.04 billion, a price-to-earnings ratio of 112.26 and a beta of 0.57.

Compass Diversified Holdings (NYSE:CODI) last posted its quarterly earnings data on Wednesday, August 2nd. The financial services provider reported ($0.53) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.37 by $0.90. Compass Diversified Holdings had a return on equity of 6.42% and a net margin of 2.20%. The firm had revenue of $307.38 million during the quarter, compared to analysts’ expectations of $302.86 million. During the same quarter in the previous year, the company posted $0.33 earnings per share. Compass Diversified Holdings’s revenue for the quarter was up 43.5% compared to the same quarter last year. On average, equities research analysts predict that Compass Diversified Holdings will post $1.56 EPS for the current year.

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The company also recently announced a quarterly dividend, which was paid on Thursday, July 27th. Stockholders of record on Thursday, July 20th were given a $0.36 dividend. This represents a $1.44 annualized dividend and a dividend yield of 8.28%. The ex-dividend date of this dividend was Tuesday, July 18th. Compass Diversified Holdings’s dividend payout ratio is currently -276.92%.

In related news, insider Alan B. Offenberg acquired 60,000 shares of Compass Diversified Holdings stock in a transaction that occurred on Thursday, June 22nd. The stock was bought at an average price of $16.84 per share, with a total value of $1,010,400.00. Following the transaction, the insider now directly owns 500,852 shares in the company, valued at $8,434,347.68. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider James Bottiglieri acquired 3,000 shares of Compass Diversified Holdings stock in a transaction that occurred on Wednesday, May 17th. The shares were bought at an average cost of $16.24 per share, with a total value of $48,720.00. Following the transaction, the insider now owns 45,462 shares in the company, valued at $738,302.88. The disclosure for this purchase can be found here. 2.40% of the stock is currently owned by corporate insiders.

Hedge funds and other institutional investors have recently bought and sold shares of the stock. IFP Advisors Inc raised its position in Compass Diversified Holdings by 21.2% in the first quarter. IFP Advisors Inc now owns 6,558 shares of the financial services provider’s stock worth $109,000 after buying an additional 1,145 shares during the period. Wedbush Securities Inc. increased its stake in shares of Compass Diversified Holdings by 6.7% in the first quarter. Wedbush Securities Inc. now owns 10,991 shares of the financial services provider’s stock valued at $182,000 after buying an additional 687 shares in the last quarter. Envestnet Asset Management Inc. increased its stake in shares of Compass Diversified Holdings by 2.3% in the first quarter. Envestnet Asset Management Inc. now owns 13,318 shares of the financial services provider’s stock valued at $221,000 after buying an additional 305 shares in the last quarter. Northwest Quadrant Wealth Management LLC increased its stake in shares of Compass Diversified Holdings by 2.1% in the first quarter. Northwest Quadrant Wealth Management LLC now owns 14,346 shares of the financial services provider’s stock valued at $232,000 after buying an additional 298 shares in the last quarter. Finally, McKinley Carter Wealth Services Inc. increased its stake in shares of Compass Diversified Holdings by 1.9% in the first quarter. McKinley Carter Wealth Services Inc. now owns 14,314 shares of the financial services provider’s stock valued at $238,000 after buying an additional 273 shares in the last quarter. 37.06% of the stock is owned by institutional investors.

Compass Diversified Holdings Company Profile

Compass Diversified Holdings (the Trust) and Compass Group Diversified Holdings, LLC, (the Company), acquires and manages small and middle-market businesses. The Company operates through segments include Acquisition Corp. (5.11 Tactical), The Ergo Baby Carrier, Inc (Ergobaby), Liberty Safe and Security Products, Inc (Liberty), Fresh Hemp Foods Ltd.

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