Advisor Group Inc. grew its holdings in Compass Minerals International, Inc. (NYSE:CMP) by 22.1% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 41,290 shares of the basic materials company’s stock after purchasing an additional 7,464 shares during the quarter. Advisor Group Inc. owned about 0.12% of Compass Minerals International worth $2,681,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also made changes to their positions in the company. Viking Fund Management LLC lifted its stake in shares of Compass Minerals International by 45.0% in the 2nd quarter. Viking Fund Management LLC now owns 29,000 shares of the basic materials company’s stock valued at $1,894,000 after purchasing an additional 9,000 shares during the period. Victory Capital Management Inc. lifted its stake in shares of Compass Minerals International by 6.4% in the 2nd quarter. Victory Capital Management Inc. now owns 685,435 shares of the basic materials company’s stock valued at $44,758,000 after purchasing an additional 41,119 shares during the period. Private Advisor Group LLC lifted its stake in shares of Compass Minerals International by 55.2% in the 2nd quarter. Private Advisor Group LLC now owns 24,893 shares of the basic materials company’s stock valued at $1,653,000 after purchasing an additional 8,852 shares during the period. Kornitzer Capital Management Inc. KS lifted its stake in shares of Compass Minerals International by 3.8% in the 3rd quarter. Kornitzer Capital Management Inc. KS now owns 274,360 shares of the basic materials company’s stock valued at $17,806,000 after purchasing an additional 10,050 shares during the period. Finally, Royal Bank of Canada lifted its stake in shares of Compass Minerals International by 50.0% in the 2nd quarter. Royal Bank of Canada now owns 82,006 shares of the basic materials company’s stock valued at $5,355,000 after purchasing an additional 27,348 shares during the period.

Compass Minerals International, Inc. (NYSE CMP) traded up $0.03 during mid-day trading on Thursday, reaching $65.08. The company had a trading volume of 19,439 shares, compared to its average volume of 400,099. Compass Minerals International, Inc. has a fifty-two week low of $59.72 and a fifty-two week high of $84.40. The company has a current ratio of 2.52, a quick ratio of 1.18 and a debt-to-equity ratio of 1.70. The firm has a market cap of $2,249.53, a P/E ratio of 27.25 and a beta of 0.49.

Compass Minerals International (NYSE:CMP) last posted its quarterly earnings results on Monday, October 30th. The basic materials company reported $0.65 earnings per share for the quarter, missing analysts’ consensus estimates of $0.85 by ($0.20). Compass Minerals International had a return on equity of 11.52% and a net margin of 10.72%. The firm had revenue of $290.70 million for the quarter, compared to analyst estimates of $323.76 million. During the same period last year, the company posted $0.27 earnings per share. The firm’s quarterly revenue was up 61.9% compared to the same quarter last year. equities analysts predict that Compass Minerals International, Inc. will post 2.62 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Investors of record on Friday, December 1st will be paid a dividend of $0.72 per share. This represents a $2.88 dividend on an annualized basis and a yield of 4.43%. The ex-dividend date of this dividend is Thursday, November 30th. Compass Minerals International’s dividend payout ratio (DPR) is currently 67.76%.

A number of brokerages have recently issued reports on CMP. BidaskClub downgraded Compass Minerals International from a “hold” rating to a “sell” rating in a research note on Wednesday, August 9th. Credit Suisse Group set a $63.00 price objective on Compass Minerals International and gave the company a “hold” rating in a research note on Wednesday, August 9th. Zacks Investment Research downgraded Compass Minerals International from a “hold” rating to a “sell” rating in a research note on Tuesday, August 1st. J P Morgan Chase & Co raised Compass Minerals International from a “neutral” rating to an “overweight” rating and set a $70.00 price objective on the stock in a research note on Monday, September 25th. Finally, Stifel Nicolaus reissued a “buy” rating and issued a $84.00 price objective on shares of Compass Minerals International in a research note on Wednesday, November 1st. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and three have issued a buy rating to the company’s stock. Compass Minerals International currently has a consensus rating of “Hold” and a consensus price target of $73.60.

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Compass Minerals International Company 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.

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

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