Parametric Portfolio Associates LLC raised its position in shares of Compass Minerals International, Inc. (NYSE:CMP) by 1.1% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 115,598 shares of the basic materials company’s stock after buying an additional 1,258 shares during the quarter. Parametric Portfolio Associates LLC owned about 0.34% of Compass Minerals International worth $7,549,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in CMP. CGOV Asset Management grew its holdings in Compass Minerals International by 40.0% during the 1st quarter. CGOV Asset Management now owns 7,000 shares of the basic materials company’s stock valued at $633,000 after buying an additional 2,000 shares in the last quarter. UBS Asset Management Americas Inc. grew its holdings in Compass Minerals International by 25.4% during the 1st quarter. UBS Asset Management Americas Inc. now owns 27,398 shares of the basic materials company’s stock valued at $1,859,000 after buying an additional 5,557 shares in the last quarter. Sei Investments Co. grew its holdings in Compass Minerals International by 503.4% during the 1st quarter. Sei Investments Co. now owns 6,571 shares of the basic materials company’s stock valued at $446,000 after buying an additional 5,482 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in Compass Minerals International by 70.0% during the 1st quarter. JPMorgan Chase & Co. now owns 11,233 shares of the basic materials company’s stock valued at $762,000 after buying an additional 4,626 shares in the last quarter. Finally, Prudential Financial Inc. grew its holdings in Compass Minerals International by 7.0% during the 1st quarter. Prudential Financial Inc. now owns 20,889 shares of the basic materials company’s stock valued at $1,417,000 after buying an additional 1,360 shares in the last quarter.

Shares of Compass Minerals International, Inc. (NYSE CMP) opened at 65.75 on Wednesday. Compass Minerals International, Inc. has a 1-year low of $59.72 and a 1-year high of $84.40. The company has a market capitalization of $2.22 billion, a price-to-earnings ratio of 18.37 and a beta of 0.44. The stock has a 50 day moving average price of $66.90 and a 200 day moving average price of $66.68.

Compass Minerals International (NYSE:CMP) last posted its quarterly earnings results on Monday, August 7th. The basic materials company reported ($0.19) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.07) by ($0.12). The company had revenue of $228.00 million during the quarter, compared to analysts’ expectations of $261.13 million. Compass Minerals International had a net margin of 9.83% and a return on equity of 10.01%. Compass Minerals International’s revenue for the quarter was up 34.5% on a year-over-year basis. During the same quarter last year, the company earned $0.18 earnings per share. On average, equities analysts anticipate that Compass Minerals International, Inc. will post $2.57 EPS for the current fiscal year.

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Several equities analysts have weighed in on CMP shares. Zacks Investment Research cut Compass Minerals International from a “hold” rating to a “sell” rating in a report on Thursday, October 5th. BidaskClub raised Compass Minerals International from a “strong sell” rating to a “sell” rating in a research note on Wednesday, August 23rd. Stifel Nicolaus reaffirmed a “buy” rating and issued a $84.00 price objective on shares of Compass Minerals International in a research note on Thursday, September 21st. Monness Crespi & Hardt raised Compass Minerals International from a “neutral” rating to a “buy” rating and set a $76.00 price objective for the company in a research note on Monday, October 2nd. Finally, J P Morgan Chase & Co raised Compass Minerals International from a “neutral” rating to an “overweight” rating and set a $70.00 price objective for the company in a research note on Monday, September 25th. Two research analysts have rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $73.60.

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.

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

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