BB&T Securities LLC increased its position in shares of Compass Diversified Holdings (NYSE:CODI) by 14.6% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 65,566 shares of the financial services provider’s stock after buying an additional 8,373 shares during the period. BB&T Securities LLC owned 0.11% of Compass Diversified Holdings worth $1,144,000 as of its most recent filing with the SEC.

A number of other large investors also recently added to or reduced their stakes in CODI. Janney Montgomery Scott LLC boosted its stake in shares of Compass Diversified Holdings by 1.9% in the first quarter. Janney Montgomery Scott LLC now owns 165,849 shares of the financial services provider’s stock valued at $2,753,000 after buying an additional 3,070 shares during the period. IFP Advisors Inc boosted its stake in shares of 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 valued at $109,000 after buying an additional 1,145 shares during the period. North Star Investment Management Corp. boosted its stake in shares of Compass Diversified Holdings by 261.2% in the first quarter. North Star Investment Management Corp. now owns 35,125 shares of the financial services provider’s stock valued at $583,000 after buying an additional 25,400 shares during the period. Searle & CO. acquired a new stake in shares of Compass Diversified Holdings during the first quarter valued at about $361,000. Finally, American Century Companies Inc. boosted its stake in shares of Compass Diversified Holdings by 18.1% in the first quarter. American Century Companies Inc. now owns 2,029,803 shares of the financial services provider’s stock valued at $33,695,000 after buying an additional 311,075 shares during the period. 33.17% of the stock is currently owned by hedge funds and other institutional investors.

Compass Diversified Holdings (CODI) opened at 17.35 on Monday. The firm’s market capitalization is $1.04 billion. The company has a 50-day moving average price of $17.37 and a 200-day moving average price of $16.83. Compass Diversified Holdings has a one year low of $15.90 and a one year high of $19.50.

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 for the quarter, missing the consensus estimate 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 business had revenue of $307.38 million for the quarter, compared to analyst estimates of $302.86 million. During the same period in the prior year, the firm posted $0.33 EPS. Compass Diversified Holdings’s revenue for the quarter was up 43.5% on a year-over-year basis. On average, equities research analysts anticipate that Compass Diversified Holdings will post $1.62 EPS for the current year.

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Several research analysts have recently weighed in on the stock. Zacks Investment Research raised shares of Compass Diversified Holdings from a “strong sell” rating to a “hold” rating in a research report on Monday, August 7th. ValuEngine lowered shares of Compass Diversified Holdings from a “hold” rating to a “sell” rating in a report on Friday, August 4th. Jefferies Group LLC restated a “buy” rating and issued a $20.00 price objective on shares of Compass Diversified Holdings in a report on Friday, July 14th. BidaskClub lowered shares of Compass Diversified Holdings from a “buy” rating to a “hold” rating in a report on Wednesday, July 12th. Finally, TheStreet upgraded shares of Compass Diversified Holdings from a “c+” rating to a “b” rating in a report on Friday, July 7th. One analyst has rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $19.67.

In other Compass Diversified Holdings news, insider Alan B. Offenberg acquired 60,000 shares of the business’s stock in a transaction that occurred on Thursday, June 22nd. The stock was acquired at an average price of $16.84 per share, with a total value of $1,010,400.00. Following the transaction, the insider now owns 500,852 shares of the company’s stock, valued at $8,434,347.68. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 2.40% of the stock is currently owned by insiders.

About Compass Diversified Holdings

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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Institutional Ownership by Quarter for Compass Diversified Holdings (NYSE:CODI)

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