Clear Perspective Advisors LLC raised its position in shares of Compass Minerals International, Inc. (NYSE:CMP) by 14.5% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,030 shares of the basic materials company’s stock after purchasing an additional 1,145 shares during the period. Clear Perspective Advisors LLC’s holdings in Compass Minerals International were worth $586,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Epoch Investment Partners Inc. raised its stake in shares of Compass Minerals International by 0.7% during the 3rd quarter. Epoch Investment Partners Inc. now owns 500,983 shares of the basic materials company’s stock worth $32,514,000 after purchasing an additional 3,426 shares in the last quarter. Private Advisor Group LLC raised its stake in shares of Compass Minerals International by 8.5% in the 3rd quarter. Private Advisor Group LLC now owns 26,997 shares of the basic materials company’s stock valued at $1,763,000 after acquiring an additional 2,104 shares in the last quarter. Financial Counselors Inc. raised its stake in shares of Compass Minerals International by 2.0% in the 3rd quarter. Financial Counselors Inc. now owns 70,017 shares of the basic materials company’s stock valued at $4,544,000 after acquiring an additional 1,373 shares in the last quarter. National Planning Corp bought a new position in shares of Compass Minerals International in the 3rd quarter valued at approximately $208,000. Finally, Stifel Financial Corp raised its stake in shares of Compass Minerals International by 89.1% in the 3rd quarter. Stifel Financial Corp now owns 73,124 shares of the basic materials company’s stock valued at $4,730,000 after acquiring an additional 34,458 shares in the last quarter.

Compass Minerals International, Inc. (NYSE:CMP) opened at $68.75 on Tuesday. The company has a quick ratio of 1.18, a current ratio of 2.52 and a debt-to-equity ratio of 1.70. The company has a market capitalization of $2,339.17, a P/E ratio of 28.34 and a beta of 0.51. Compass Minerals International, Inc. has a 1 year low of $59.72 and a 1 year high of $84.40.

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

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Shareholders of record on Friday, December 1st will be given a $0.72 dividend. This represents a $2.88 annualized dividend and a yield of 4.19%. The ex-dividend date of this dividend is Thursday, November 30th. Compass Minerals International’s dividend payout ratio is currently 67.76%.

A number of research analysts recently weighed in on CMP shares. 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 raised Compass Minerals International from a “sell” rating to a “hold” rating in a research note on Monday, August 14th. Stifel Nicolaus reissued a “buy” rating and issued a $84.00 price objective on shares of Compass Minerals International in a research note on Thursday, September 21st. 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 on the stock in a research note on Monday, September 25th. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and three have given a buy rating to the company. Compass Minerals International has an average rating of “Hold” and an average price target of $73.60.

TRADEMARK VIOLATION NOTICE: “Clear Perspective Advisors LLC Purchases 1,145 Shares of Compass Minerals International, Inc. (CMP)” was reported by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are reading this article on another site, it was illegally stolen and republished in violation of international copyright & trademark law. The correct version of this article can be accessed at https://www.thecerbatgem.com/2017/12/05/clear-perspective-advisors-llc-purchases-1145-shares-of-compass-minerals-international-inc-cmp.html.

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.