Raymond James Trust N.A. acquired a new position in Compass Diversified Holdings (NYSE:CODI) during the second quarter, according to its most recent 13F filing with the SEC. The firm acquired 13,035 shares of the financial services provider’s stock, valued at approximately $228,000.

Several other institutional investors have also recently added to or reduced their stakes in CODI. Janney Montgomery Scott LLC raised its holdings in shares of Compass Diversified Holdings by 8.6% during the 2nd quarter. Janney Montgomery Scott LLC now owns 180,074 shares of the financial services provider’s stock valued at $3,142,000 after buying an additional 14,225 shares during the period. Sei Investments Co. raised its holdings in shares of Compass Diversified Holdings by 7.2% during the 2nd quarter. Sei Investments Co. now owns 112,082 shares of the financial services provider’s stock valued at $1,956,000 after buying an additional 7,504 shares during the period. Stifel Financial Corp raised its holdings in shares of Compass Diversified Holdings by 1.3% during the 1st quarter. Stifel Financial Corp now owns 42,612 shares of the financial services provider’s stock valued at $707,000 after buying an additional 545 shares during the period. Morgan Stanley raised its holdings in shares of Compass Diversified Holdings by 1.5% during the 1st quarter. Morgan Stanley now owns 483,861 shares of the financial services provider’s stock valued at $8,033,000 after buying an additional 7,296 shares during the period. Finally, Credit Suisse AG raised its holdings in shares of Compass Diversified Holdings by 8.9% during the 1st quarter. Credit Suisse AG now owns 62,562 shares of the financial services provider’s stock valued at $1,039,000 after buying an additional 5,108 shares during the period. Institutional investors own 33.17% of the company’s stock.

CODI has been the topic of several analyst reports. Zacks Investment Research upgraded Compass Diversified Holdings from a “sell” rating to a “hold” rating in a report on Wednesday, June 7th. Jefferies Group LLC reiterated a “buy” rating and set a $20.00 target price on shares of Compass Diversified Holdings in a report on Thursday, June 8th. BidaskClub upgraded Compass Diversified Holdings from a “sell” rating to a “hold” rating in a report on Thursday, June 15th. TheStreet upgraded Compass Diversified Holdings from a “c+” rating to a “b” rating in a report on Friday, July 7th. Finally, ValuEngine downgraded Compass Diversified Holdings from a “hold” rating to a “sell” rating in a report on Friday, August 4th. Two investment analysts have rated the stock with a sell rating, one has assigned a hold rating and three have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of $19.50.

Shares of Compass Diversified Holdings (NYSE:CODI) opened at 17.10 on Thursday. Compass Diversified Holdings has a one year low of $15.90 and a one year high of $19.50. The company’s 50 day moving average price is $17.16 and its 200 day moving average price is $16.86. The stock’s market capitalization is $1.02 billion.

Compass Diversified Holdings (NYSE:CODI) last announced its quarterly earnings results on Wednesday, August 2nd. The financial services provider reported ($0.53) earnings per share 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 company had revenue of $307.38 million during the quarter, compared to analyst estimates of $302.86 million. During the same period in the prior year, the firm earned $0.33 EPS. Compass Diversified Holdings’s quarterly revenue was up 43.5% on a year-over-year basis. On average, equities analysts expect that Compass Diversified Holdings will post $1.60 earnings per share for the current year.

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Compass Diversified Holdings 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.

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

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