Regal Investment Advisors LLC decreased its stake in shares of Compass Minerals International, Inc. (NYSE:CMP) by 11.5% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 27,695 shares of the basic materials company’s stock after selling 3,601 shares during the quarter. Regal Investment Advisors LLC owned about 0.08% of Compass Minerals International worth $1,797,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently made changes to their positions in the company. Commonwealth Equity Services Inc grew its position in shares of Compass Minerals International by 16.2% during the 3rd quarter. Commonwealth Equity Services Inc now owns 31,277 shares of the basic materials company’s stock worth $2,029,000 after buying an additional 4,360 shares during the period. Advisors Management Group Inc. ADV grew its position in shares of Compass Minerals International by 3.6% during the 3rd quarter. Advisors Management Group Inc. ADV now owns 95,562 shares of the basic materials company’s stock worth $6,202,000 after buying an additional 3,345 shares during the period. Advisors Asset Management Inc. grew its position in shares of Compass Minerals International by 81.6% during the 3rd quarter. Advisors Asset Management Inc. now owns 148,829 shares of the basic materials company’s stock worth $9,659,000 after buying an additional 66,892 shares during the period. Gs Investments Inc. grew its position in shares of Compass Minerals International by 28.6% during the 3rd quarter. Gs Investments Inc. now owns 22,040 shares of the basic materials company’s stock worth $1,430,000 after buying an additional 4,900 shares during the period. Finally, Russell Investments Group Ltd. grew its position in shares of Compass Minerals International by 9.8% during the 3rd quarter. Russell Investments Group Ltd. now owns 353,739 shares of the basic materials company’s stock worth $22,957,000 after buying an additional 31,440 shares during the period.

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

Shares of Compass Minerals International, Inc. (NYSE CMP) traded up $0.25 on Friday, hitting $64.70. The company had a trading volume of 565,922 shares, compared to its average volume of 345,634. Compass Minerals International, Inc. has a 12 month low of $59.72 and a 12 month 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 company has a market cap of $2,188.61, a PE ratio of 26.52 and a beta of 0.49.

Compass Minerals International (NYSE:CMP) last issued its earnings results on Monday, October 30th. The basic materials company reported $0.65 earnings per share (EPS) 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 during the quarter, compared to the consensus estimate of $323.76 million. During the same quarter in the prior year, the business earned $0.27 earnings per share. Compass Minerals International’s revenue for the quarter was up 61.9% on a year-over-year basis. analysts anticipate that Compass Minerals International, Inc. will post 2.62 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Friday, December 15th. Investors of record on Friday, December 1st will be issued a $0.72 dividend. This represents a $2.88 dividend on an annualized basis and a dividend yield of 4.45%. The ex-dividend date of this dividend is Thursday, November 30th. Compass Minerals International’s dividend payout ratio is currently 67.76%.

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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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