Cutter & CO Brokerage Inc. boosted its position in shares of Compass Minerals International, Inc. (NYSE:CMP) by 0.9% during the second quarter, according to its most recent disclosure with the SEC. The fund owned 36,534 shares of the basic materials company’s stock after buying an additional 309 shares during the period. Compass Minerals International comprises about 0.9% of Cutter & CO Brokerage Inc.’s portfolio, making the stock its 25th largest position. Cutter & CO Brokerage Inc. owned approximately 0.11% of Compass Minerals International worth $2,386,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of the stock. Parnassus Investments CA boosted its stake in shares of Compass Minerals International by 0.9% in the first quarter. Parnassus Investments CA now owns 3,035,178 shares of the basic materials company’s stock worth $200,566,000 after buying an additional 27,998 shares during the last quarter. Vanguard Group Inc. boosted its stake in shares of Compass Minerals International by 1.9% in the first quarter. Vanguard Group Inc. now owns 2,999,102 shares of the basic materials company’s stock worth $203,488,000 after buying an additional 56,469 shares during the last quarter. BlackRock Inc. boosted its stake in shares of Compass Minerals International by 5,576.2% in the first quarter. BlackRock Inc. now owns 2,875,727 shares of the basic materials company’s stock worth $195,118,000 after buying an additional 2,825,064 shares during the last quarter. Morningstar Investment Services LLC boosted its stake in shares of Compass Minerals International by 28.3% in the second quarter. Morningstar Investment Services LLC now owns 1,065,984 shares of the basic materials company’s stock worth $69,609,000 after buying an additional 235,138 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its stake in shares of Compass Minerals International by 3.1% in the first quarter. Dimensional Fund Advisors LP now owns 849,679 shares of the basic materials company’s stock worth $57,651,000 after buying an additional 25,692 shares during the last quarter.

Shares of Compass Minerals International, Inc. (NYSE CMP) traded up 0.60% during midday trading on Friday, hitting $66.90. The stock had a trading volume of 6,460 shares. The stock has a market cap of $2.26 billion, a P/E ratio of 18.69 and a beta of 0.45. The stock has a 50-day moving average price of $66.64 and a 200-day moving average price of $68.46. Compass Minerals International, Inc. has a 12-month low of $62.70 and a 12-month high of $84.40.

Compass Minerals International (NYSE:CMP) last released its quarterly earnings results on Monday, August 7th. The basic materials company reported ($0.19) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.07) by $0.12. The business had revenue of $228 million for the quarter, compared to the consensus estimate of $261.13 million. Compass Minerals International had a net margin of 9.83% and a return on equity of 10.01%. The firm’s revenue for the quarter was up 34.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.18 EPS. Equities analysts forecast that Compass Minerals International, Inc. will post $3.02 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, September 15th. Investors of record on Friday, September 1st will be issued a $0.72 dividend. The ex-dividend date of this dividend is Wednesday, August 30th. This represents a $2.88 annualized dividend and a yield of 4.33%. Compass Minerals International’s dividend payout ratio (DPR) is presently 80.45%.

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A number of equities research analysts have recently weighed in on CMP shares. BidaskClub raised Compass Minerals International from a “strong sell” rating to a “sell” rating in a research note on Wednesday. BMO Capital Markets reaffirmed a “hold” rating and issued a $75.00 price objective on shares of Compass Minerals International in a research note on Monday, May 15th. Credit Suisse Group set a $63.00 price objective on Compass Minerals International and gave the company a “hold” rating in a research note on Wednesday, August 9th. Finally, Zacks Investment Research raised Compass Minerals International from a “sell” rating to a “hold” rating in a research note on Tuesday, May 16th. One investment analyst has rated the stock with a sell rating and four have issued a hold rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of $73.50.

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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Institutional Ownership by Quarter for Compass Minerals International (NYSE:CMP)

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