Beacon Financial Group grew its holdings in shares of Compass Minerals International, Inc. (NYSE:CMP) by 1.1% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 69,094 shares of the basic materials company’s stock after purchasing an additional 719 shares during the quarter. Beacon Financial Group owned about 0.20% of Compass Minerals International worth $3,757,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Enlightenment Research LLC acquired a new stake in Compass Minerals International in the 4th quarter worth $25,000. Somerset Trust Co grew its position in Compass Minerals International by 169.0% in the 1st quarter. Somerset Trust Co now owns 530 shares of the basic materials company’s stock worth $29,000 after purchasing an additional 333 shares during the last quarter. Pinnacle Bank acquired a new stake in Compass Minerals International in the 4th quarter worth $64,000. First Mercantile Trust Co. acquired a new stake in Compass Minerals International in the 4th quarter worth $66,000. Finally, ERTS Wealth Advisors LLC acquired a new stake in Compass Minerals International in the 4th quarter worth $92,000. Institutional investors and hedge funds own 94.75% of the company’s stock.

Shares of NYSE CMP traded down $0.65 during trading on Thursday, reaching $57.13. The company had a trading volume of 100,926 shares, compared to its average volume of 353,919. Compass Minerals International, Inc. has a 52 week low of $38.19 and a 52 week high of $71.25. The company has a market cap of $1.96 billion, a PE ratio of 29.60 and a beta of 1.35. The company has a current ratio of 2.55, a quick ratio of 1.60 and a debt-to-equity ratio of 2.45.

Compass Minerals International (NYSE:CMP) last announced its earnings results on Monday, February 11th. The basic materials company reported $1.41 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.79 by ($0.38). Compass Minerals International had a return on equity of 11.49% and a net margin of 4.61%. The company had revenue of $486.50 million during the quarter, compared to the consensus estimate of $501.10 million. As a group, equities research analysts forecast that Compass Minerals International, Inc. will post 2.54 earnings per share for the current year.

Several analysts have issued reports on the stock. Zacks Investment Research upgraded shares of Compass Minerals International from a “strong sell” rating to a “hold” rating in a research report on Tuesday. ValuEngine upgraded shares of Compass Minerals International from a “sell” rating to a “hold” rating in a research report on Friday, February 15th. One analyst has rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the company. Compass Minerals International has a consensus rating of “Hold” and a consensus target price of $55.27.

In related news, Chairman Richard S. Grant bought 2,000 shares of the company’s stock in a transaction on Thursday, March 28th. The stock was bought at an average cost of $52.54 per share, with a total value of $105,080.00. Following the completion of the purchase, the chairman now owns 25,194 shares in the company, valued at approximately $1,323,692.76. The acquisition was disclosed in a legal filing with the SEC, which is available at this hyperlink. Insiders own 0.60% of the company’s stock.

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About Compass Minerals International

Compass Minerals International, Inc, produces and sells salt, and specialty plant nutrition and chemical products primarily in the United States, Canada, Brazil, and the United Kingdom. It operates in three segments: Salt, Plant Nutrition North America, and Plant Nutrition South America. The Salt segment offers sodium chloride and magnesium chloride, including rock salt, mechanically and solar evaporated salt, and brine and flake magnesium chloride products; and purchases potassium chloride and calcium chloride to sell as finished products or to blend with salt to produce specialty products.

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

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