Shares of Compass Diversified Holdings (NYSE:CODI) have earned a consensus recommendation of “Hold” from the six ratings firms that are covering the company, Marketbeat.com reports. Three investment analysts have rated the stock with a sell rating and two have assigned a buy rating to the company. The average 1 year target price among brokers that have covered the stock in the last year is $19.50.

CODI has been the subject of several recent analyst reports. Zacks Investment Research lowered Compass Diversified from a “hold” rating to a “strong sell” rating in a report on Monday, November 13th. BidaskClub lowered Compass Diversified from a “hold” rating to a “sell” rating in a report on Wednesday, October 25th.

In other news, insider James Bottiglieri bought 5,000 shares of the company’s stock in a transaction that occurred on Tuesday, November 14th. The stock was bought at an average price of $16.63 per share, for a total transaction of $83,150.00. The acquisition was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 2.40% of the company’s stock.

A number of large investors have recently added to or reduced their stakes in CODI. Russell Investments Group Ltd. lifted its position in Compass Diversified by 23.7% in the second quarter. Russell Investments Group Ltd. now owns 72,776 shares of the financial services provider’s stock valued at $1,270,000 after purchasing an additional 13,951 shares during the last quarter. Legal & General Group Plc lifted its position in Compass Diversified by 22.3% in the second quarter. Legal & General Group Plc now owns 156,926 shares of the financial services provider’s stock valued at $2,734,000 after purchasing an additional 28,603 shares during the last quarter. American Century Companies Inc. lifted its position in Compass Diversified by 8.4% in the second quarter. American Century Companies Inc. now owns 2,200,591 shares of the financial services provider’s stock valued at $38,400,000 after purchasing an additional 170,788 shares during the last quarter. Pinnacle Associates Ltd. lifted its position in Compass Diversified by 8.5% in the second quarter. Pinnacle Associates Ltd. now owns 15,245 shares of the financial services provider’s stock valued at $266,000 after purchasing an additional 1,200 shares during the last quarter. Finally, Wells Fargo & Company MN lifted its position in Compass Diversified by 4.4% in the second quarter. Wells Fargo & Company MN now owns 104,447 shares of the financial services provider’s stock valued at $1,823,000 after purchasing an additional 4,446 shares during the last quarter. Institutional investors own 33.43% of the company’s stock.

Compass Diversified (NYSE CODI) opened at $17.10 on Friday. Compass Diversified has a twelve month low of $15.90 and a twelve month high of $18.40. The company has a current ratio of 2.41, a quick ratio of 1.26 and a debt-to-equity ratio of 0.71. The company has a market capitalization of $1,030.00, a PE ratio of -14.87 and a beta of 0.55.

ILLEGAL ACTIVITY NOTICE: This article was published by The Cerbat Gem and is the property of of The Cerbat Gem. If you are reading this article on another website, it was illegally stolen and republished in violation of international copyright and trademark laws. The legal version of this article can be read at https://www.thecerbatgem.com/2017/12/29/compass-diversified-holdings-codi-receives-consensus-rating-of-hold-from-analysts.html.

Compass Diversified Company 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.

Receive News & Stock Ratings for Compass Diversified Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Compass Diversified and related stocks with our FREE daily email newsletter.