Hussman Strategic Advisors Inc. Makes New $806,000 Investment in Compass Minerals International, Inc. $CMP

Hussman Strategic Advisors Inc. acquired a new stake in shares of Compass Minerals International, Inc. (NYSE:CMP) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 42,000 shares of the basic materials company’s stock, valued at approximately $806,000. Hussman Strategic Advisors Inc. owned 0.10% of Compass Minerals International at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. CWM LLC lifted its position in Compass Minerals International by 95.0% during the second quarter. CWM LLC now owns 1,363 shares of the basic materials company’s stock valued at $27,000 after purchasing an additional 664 shares in the last quarter. Police & Firemen s Retirement System of New Jersey raised its stake in shares of Compass Minerals International by 11.2% in the second quarter. Police & Firemen s Retirement System of New Jersey now owns 7,863 shares of the basic materials company’s stock worth $158,000 after buying an additional 791 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of Compass Minerals International by 4.3% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 20,665 shares of the basic materials company’s stock valued at $192,000 after buying an additional 858 shares in the last quarter. Public Employees Retirement System of Ohio grew its stake in shares of Compass Minerals International by 37.6% during the 2nd quarter. Public Employees Retirement System of Ohio now owns 3,967 shares of the basic materials company’s stock valued at $80,000 after acquiring an additional 1,084 shares during the period. Finally, Patriot Financial Group Insurance Agency LLC grew its stake in shares of Compass Minerals International by 9.3% during the 2nd quarter. Patriot Financial Group Insurance Agency LLC now owns 12,959 shares of the basic materials company’s stock valued at $260,000 after acquiring an additional 1,098 shares during the period. 99.78% of the stock is currently owned by hedge funds and other institutional investors.

Compass Minerals International Stock Performance

Shares of NYSE CMP opened at $25.90 on Thursday. The company has a market cap of $1.08 billion, a P/E ratio of -13.49 and a beta of 1.17. Compass Minerals International, Inc. has a 52-week low of $8.60 and a 52-week high of $26.38. The company has a debt-to-equity ratio of 3.55, a quick ratio of 0.98 and a current ratio of 2.15. The firm’s fifty day moving average is $20.68 and its two-hundred day moving average is $19.59.

Compass Minerals International (NYSE:CMP) last issued its quarterly earnings data on Monday, December 8th. The basic materials company reported ($0.17) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.15) by ($0.02). The firm had revenue of $227.50 million for the quarter, compared to analysts’ expectations of $223.72 million. Compass Minerals International had a negative net margin of 6.42% and a negative return on equity of 8.22%. The company’s revenue for the quarter was up 9.0% on a year-over-year basis. During the same quarter in the previous year, the business earned ($0.77) EPS. As a group, analysts anticipate that Compass Minerals International, Inc. will post -0.53 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts have commented on the stock. Compass Point set a $22.00 target price on shares of Compass Minerals International in a research note on Tuesday, December 16th. Deutsche Bank Aktiengesellschaft reduced their price objective on shares of Compass Minerals International from $22.00 to $21.00 and set a “buy” rating for the company in a research note on Thursday, December 11th. Wall Street Zen upgraded shares of Compass Minerals International from a “hold” rating to a “buy” rating in a research note on Saturday, December 13th. Loop Capital set a $24.00 target price on shares of Compass Minerals International in a report on Tuesday, December 30th. Finally, BMO Capital Markets upped their target price on shares of Compass Minerals International from $20.00 to $25.00 and gave the stock a “market perform” rating in a report on Monday, January 5th. One research analyst has rated the stock with a Buy rating, two have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Reduce” and a consensus target price of $22.00.

About Compass Minerals International

Compass Minerals International, Inc is a global producer of essential mineral-based products, primarily known for its salt and plant nutrition portfolios. The company’s deicing salts are used by municipalities and commercial customers across North America to maintain safer roadways in winter months. In addition, its water conditioning salts serve both residential and industrial users, supporting water treatment systems that remove hard minerals to protect plumbing and equipment.

Beyond conventional salt products, Compass Minerals has developed a specialty plant nutrition business focused on sulfate of potash (SOP), a premium fertilizer that provides both potassium and sulfur to crops.