Compass Diversified Holdings (NYSE:CODI) shares reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $20.09 and last traded at $20.01, with a volume of 205922 shares. The stock had previously closed at $19.77.

A number of research firms have issued reports on CODI. TheStreet raised shares of Compass Diversified from a “c+” rating to a “b-” rating in a report on Thursday, August 8th. Roth Capital began coverage on shares of Compass Diversified in a report on Monday, July 29th. They set a “buy” rating and a $21.50 price objective on the stock. Zacks Investment Research raised shares of Compass Diversified from a “sell” rating to a “hold” rating in a report on Tuesday, September 17th. Finally, Raymond James downgraded shares of Compass Diversified from an “outperform” rating to a “market perform” rating in a report on Thursday, August 1st. They noted that the move was a valuation call.

The company has a market capitalization of $1.18 billion, a P/E ratio of 13.90 and a beta of 1.12. The company has a debt-to-equity ratio of 0.88, a quick ratio of 3.47 and a current ratio of 4.97. The stock has a 50 day moving average price of $19.16 and a 200 day moving average price of $18.15.

Compass Diversified (NYSE:CODI) last released its earnings results on Wednesday, July 31st. The financial services provider reported $0.36 EPS for the quarter, missing the Zacks’ consensus estimate of $0.41 by ($0.05). The business had revenue of $336.08 million for the quarter, compared to the consensus estimate of $434.14 million. Compass Diversified had a return on equity of 10.60% and a net margin of 19.72%. As a group, sell-side analysts expect that Compass Diversified Holdings will post 1.56 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 24th. Stockholders of record on Thursday, October 17th will be paid a dividend of $0.36 per share. This represents a $1.44 dividend on an annualized basis and a dividend yield of 7.20%. The ex-dividend date is Wednesday, October 16th. Compass Diversified’s payout ratio is 100.00%.

In other news, insider Gordon M. Burns sold 48,300 shares of Compass Diversified stock in a transaction on Friday, August 9th. The stock was sold at an average price of $19.21, for a total transaction of $927,843.00. Following the sale, the insider now directly owns 56,090 shares in the company, valued at approximately $1,077,488.90. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Ryan J. Faulkingham bought 3,000 shares of the stock in a transaction dated Tuesday, August 6th. The shares were acquired at an average price of $18.44 per share, for a total transaction of $55,320.00. Following the completion of the purchase, the insider now directly owns 9,900 shares in the company, valued at $182,556. The disclosure for this purchase can be found here. Insiders own 3.70% of the company’s stock.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in CODI. Envestnet Asset Management Inc. bought a new stake in Compass Diversified in the 2nd quarter valued at about $211,000. LPL Financial LLC raised its stake in Compass Diversified by 28.6% in the 2nd quarter. LPL Financial LLC now owns 81,007 shares of the financial services provider’s stock valued at $1,548,000 after acquiring an additional 18,027 shares during the period. Phocas Financial Corp. bought a new stake in Compass Diversified in the 2nd quarter valued at about $27,000. Wealthsource Partners LLC bought a new stake in Compass Diversified in the 2nd quarter valued at about $429,000. Finally, Commonwealth Equity Services LLC raised its stake in Compass Diversified by 51.7% in the 2nd quarter. Commonwealth Equity Services LLC now owns 55,542 shares of the financial services provider’s stock valued at $1,061,000 after acquiring an additional 18,919 shares during the period. Institutional investors own 29.97% of the company’s stock.

Compass Diversified Company Profile (NYSE:CODI)

Compass Diversified Holdings LLC is a private equity firm specializing in acquisitions, buyouts, industry consolidation, recapitalization, and middle market investments. It seeks to invest in niche industrial or branded consumer companies, manufacturing, distribution, consumer products, business services sector, safety & security, electronic components, food, foodservice.

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