Rowland & Co. Investment Counsel ADV raised its holdings in shares of Compass Minerals International, Inc. (NYSE:CMP) by 23.7% during the 4th quarter, HoldingsChannel reports. The fund owned 34,251 shares of the basic materials company’s stock after purchasing an additional 6,556 shares during the period. Rowland & Co. Investment Counsel ADV’s holdings in Compass Minerals International were worth $2,484,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in CMP. Janus Henderson Group PLC purchased a new position in Compass Minerals International during the 2nd quarter valued at about $73,452,000. BlackRock Inc. grew its stake in Compass Minerals International by 22.8% during the 2nd quarter. BlackRock Inc. now owns 3,532,489 shares of the basic materials company’s stock valued at $230,671,000 after acquiring an additional 656,762 shares in the last quarter. State Street Corp grew its stake in Compass Minerals International by 23.3% during the 2nd quarter. State Street Corp now owns 1,615,191 shares of the basic materials company’s stock valued at $105,474,000 after acquiring an additional 305,111 shares in the last quarter. River Road Asset Management LLC grew its stake in Compass Minerals International by 19.6% during the 3rd quarter. River Road Asset Management LLC now owns 871,528 shares of the basic materials company’s stock valued at $56,562,000 after acquiring an additional 142,884 shares in the last quarter. Finally, Epoch Investment Partners Inc. grew its stake in Compass Minerals International by 33.5% during the 2nd quarter. Epoch Investment Partners Inc. now owns 497,557 shares of the basic materials company’s stock valued at $32,490,000 after acquiring an additional 124,866 shares in the last quarter.

CMP has been the topic of several research analyst reports. Stifel Nicolaus reaffirmed a “buy” rating and set a $84.00 target price on shares of Compass Minerals International in a research note on Thursday, September 21st. JPMorgan Chase & Co. raised Compass Minerals International from a “neutral” rating to an “overweight” rating and set a $70.00 price target for the company in a research note on Monday, September 25th. Monness Crespi & Hardt raised Compass Minerals International from a “neutral” rating to a “buy” rating and set a $76.00 price target for the company in a research note on Monday, October 2nd. Zacks Investment Research cut Compass Minerals International from a “hold” rating to a “sell” rating in a research note on Thursday, October 5th. Finally, TheStreet raised Compass Minerals International from a “c+” rating to a “b” rating in a research note on Thursday, November 30th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and three have given a buy rating to the company. The company has a consensus rating of “Hold” and an average price target of $73.60.

Shares of Compass Minerals International, Inc. (NYSE:CMP) traded up $2.20 during midday trading on Thursday, hitting $75.65. The company had a trading volume of 354,866 shares, compared to its average volume of 319,413. The company has a market cap of $2,560.00, a PE ratio of 17.80 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. The company has a current ratio of 2.52, a quick ratio of 1.18 and a debt-to-equity ratio of 1.70.

Compass Minerals International (NYSE:CMP) last announced 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 firm had revenue of $290.70 million during the quarter, compared to the consensus estimate of $323.76 million. Compass Minerals International had a net margin of 10.72% and a return on equity of 11.52%. The company’s quarterly revenue was up 61.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.27 EPS. analysts predict that Compass Minerals International, Inc. will post 2.62 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Friday, December 15th. Investors of record on Friday, December 1st were paid a $0.72 dividend. The ex-dividend date was Thursday, November 30th. This represents a $2.88 annualized dividend and a dividend yield of 3.81%. Compass Minerals International’s payout ratio is 67.76%.

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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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