Wills Financial Group Inc. reduced its position in shares of Compass Minerals International, Inc. (NYSE:CMP) by 1.9% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 30,071 shares of the basic materials company’s stock after selling 597 shares during the period. Compass Minerals International accounts for approximately 1.5% of Wills Financial Group Inc.’s holdings, making the stock its 27th biggest position. Wills Financial Group Inc. owned about 0.09% of Compass Minerals International worth $1,964,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of CMP. BlackRock Inc. boosted its holdings in shares of Compass Minerals International by 5,576.2% during the 1st 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 period. Morningstar Investment Services LLC boosted its holdings in shares of Compass Minerals International by 28.3% during the 2nd 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 period. Cove Street Capital LLC boosted its holdings in Compass Minerals International by 59.9% in the 1st quarter. Cove Street Capital LLC now owns 477,709 shares of the basic materials company’s stock valued at $32,412,000 after purchasing an additional 178,934 shares during the period. Nuance Investments LLC boosted its holdings in Compass Minerals International by 42.4% in the 2nd quarter. Nuance Investments LLC now owns 484,532 shares of the basic materials company’s stock valued at $31,640,000 after purchasing an additional 144,173 shares during the period. Finally, First Trust Advisors LP boosted its holdings in Compass Minerals International by 86.1% in the 2nd quarter. First Trust Advisors LP now owns 266,374 shares of the basic materials company’s stock valued at $17,394,000 after purchasing an additional 123,219 shares during the period.

Shares of Compass Minerals International, Inc. (CMP) traded down 0.22% during mid-day trading on Friday, reaching $67.60. 233,152 shares of the company’s stock were exchanged. Compass Minerals International, Inc. has a 52-week low of $62.70 and a 52-week high of $84.40. The stock’s 50-day moving average is $66.93 and its 200-day moving average is $67.58. The stock has a market cap of $2.29 billion, a price-to-earnings ratio of 18.89 and a beta of 0.46.

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

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 15th. Shareholders of record on Friday, September 1st will be given a dividend of $0.72 per share. The ex-dividend date is Wednesday, August 30th. This represents a $2.88 dividend on an annualized basis and a yield of 4.26%. Compass Minerals International’s dividend payout ratio (DPR) is 80.45%.

A number of analysts have weighed in on the stock. Zacks Investment Research downgraded shares of Compass Minerals International from a “hold” rating to a “sell” rating in a report on Tuesday, August 1st. BMO Capital Markets reissued a “hold” rating and issued a $75.00 price target on shares of Compass Minerals International in a report on Monday, May 15th. BidaskClub raised shares of Compass Minerals International from a “sell” rating to a “hold” rating in a report on Wednesday, July 12th. Finally, Credit Suisse Group set a $63.00 price target on shares of Compass Minerals International and gave the company a “hold” rating in a report on Wednesday, August 9th. One research analyst has rated the stock with a sell rating and four have given a hold rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $73.50.

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Compass Minerals International 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.

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

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