Norinchukin Bank The lifted its position in shares of Compass Minerals International, Inc. (NYSE:CMP) by 8.3% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 91,361 shares of the basic materials company’s stock after acquiring an additional 7,000 shares during the quarter. Norinchukin Bank The owned 0.27% of Compass Minerals International worth $5,966,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of the company. Creative Planning increased its stake in shares of Compass Minerals International by 0.4% during the second quarter. Creative Planning now owns 6,151 shares of the basic materials company’s stock worth $402,000 after acquiring an additional 27 shares during the period. Janney Montgomery Scott LLC increased its stake in shares of Compass Minerals International by 0.4% during the second quarter. Janney Montgomery Scott LLC now owns 11,535 shares of the basic materials company’s stock worth $753,000 after acquiring an additional 46 shares during the period. Blair William & Co. IL increased its stake in shares of Compass Minerals International by 0.4% during the second quarter. Blair William & Co. IL now owns 10,759 shares of the basic materials company’s stock worth $703,000 after acquiring an additional 48 shares during the period. Oppenheimer Asset Management Inc. increased its stake in shares of Compass Minerals International by 0.3% during the second quarter. Oppenheimer Asset Management Inc. now owns 21,080 shares of the basic materials company’s stock worth $1,376,000 after acquiring an additional 73 shares during the period. Finally, State Treasurer State of Michigan increased its stake in shares of Compass Minerals International by 0.7% during the first quarter. State Treasurer State of Michigan now owns 13,700 shares of the basic materials company’s stock worth $930,000 after acquiring an additional 100 shares during the period.

A number of research analysts have recently issued reports on the stock. BidaskClub upgraded shares of Compass Minerals International from a “strong sell” rating to a “sell” rating in a research note on Wednesday, August 23rd. Zacks Investment Research upgraded shares of Compass Minerals International from a “sell” rating to a “hold” rating in a research note on Monday, August 14th. Finally, Credit Suisse Group set a $63.00 price target on shares of Compass Minerals International and gave the stock a “hold” rating in a research note on Wednesday, August 9th. One equities research analyst has rated the stock with a sell rating and four have given a hold rating to the company’s stock. Compass Minerals International has a consensus rating of “Hold” and a consensus price target of $73.50.

COPYRIGHT VIOLATION NOTICE: This news story was published by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are reading this news story on another domain, it was illegally copied and reposted in violation of US and international copyright & trademark legislation. The legal version of this news story can be viewed at https://www.thecerbatgem.com/2017/09/13/compass-minerals-international-inc-cmp-stake-lifted-by-norinchukin-bank-the.html.

Shares of Compass Minerals International, Inc. (NYSE:CMP) traded down 0.07% on Wednesday, reaching $69.65. 53,081 shares of the company’s stock traded hands. Compass Minerals International, Inc. has a 52 week low of $62.70 and a 52 week high of $84.40. The firm has a market capitalization of $2.36 billion, a price-to-earnings ratio of 19.46 and a beta of 0.46. The company has a 50 day moving average price of $66.92 and a 200 day moving average price of $67.38.

Compass Minerals International (NYSE:CMP) last issued its quarterly earnings data on Monday, August 7th. The basic materials company reported ($0.19) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.07) by ($0.12). Compass Minerals International had a net margin of 9.83% and a return on equity of 10.01%. The firm had revenue of $228.00 million during the quarter, compared to the consensus estimate of $261.13 million. During the same quarter in the prior year, the business 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 research analysts predict that Compass Minerals International, Inc. will post $3.02 earnings per share for the current fiscal year.

The business also recently declared 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 dividend yield of 4.13%. Compass Minerals International’s dividend payout ratio (DPR) is 80.45%.

About Compass Minerals International

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.

Want to see what other hedge funds are holding CMP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Compass Minerals International, Inc. (NYSE:CMP).

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

Receive News & Stock Ratings for Compass Minerals International Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Compass Minerals International Inc. and related stocks with our FREE daily email newsletter.