Compass Minerals International Inc. (NYSE:CMP) shares saw unusually-high trading volume on Friday . Approximately 698,966 shares were traded during mid-day trading, an increase of 68% from the previous session’s volume of 415,408 shares.The stock last traded at $72.18 and had previously closed at $72.65.

CMP has been the subject of a number of recent analyst reports. BB&T Corp. lowered shares of Compass Minerals International from a “buy” rating to a “hold” rating in a research note on Wednesday, March 30th. KeyCorp lowered shares of Compass Minerals International from an “overweight” rating to a “sector weight” rating in a research note on Wednesday, June 15th. Zacks Investment Research raised shares of Compass Minerals International from a “sell” rating to a “hold” rating in a research note on Tuesday, June 28th. JPMorgan Chase & Co. decreased their price objective on shares of Compass Minerals International from $70.00 to $65.00 and set a “neutral” rating for the company in a research note on Tuesday, April 12th. Finally, Goldman Sachs Group Inc. decreased their price objective on shares of Compass Minerals International from $60.00 to $57.00 in a research note on Tuesday, April 12th. One analyst has rated the stock with a sell rating and six have assigned a hold rating to the company’s stock. Compass Minerals International presently has a consensus rating of “Hold” and an average price target of $74.29.

The company has a market capitalization of $2.46 billion and a P/E ratio of 16.72. The stock has a 50 day moving average price of $77.56 and a 200-day moving average price of $73.78.

Compass Minerals International (NYSE:CMP) last posted its quarterly earnings results on Monday, April 25th. The company reported $1.46 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.33 by $0.13. The business had revenue of $345.70 million for the quarter, compared to the consensus estimate of $347.69 million. The company’s quarterly revenue was down 12.0% on a year-over-year basis. During the same period last year, the firm earned $1.79 earnings per share. Analysts expect that Compass Minerals International Inc. will post $3.44 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which was paid on Wednesday, June 15th. Investors of record on Wednesday, June 1st were paid a dividend of $0.695 per share. This represents a $2.78 dividend on an annualized basis and a dividend yield of 3.81%. The ex-dividend date of this dividend was Friday, May 27th.

Several large investors have bought and sold shares of CMP. Dimensional Fund Advisors LP increased its stake in Compass Minerals International by 3.4% in the fourth quarter. Dimensional Fund Advisors LP now owns 743,628 shares of the company’s stock worth $55,973,000 after buying an additional 24,489 shares during the period. Dean Investment Associates LLC increased its stake in Compass Minerals International by 1.5% in the fourth quarter. Dean Investment Associates LLC now owns 106,563 shares of the company’s stock worth $8,021,000 after buying an additional 1,608 shares during the period. Wills Financial Group Inc. increased its stake in Compass Minerals International by 5.2% in the fourth quarter. Wills Financial Group Inc. now owns 28,046 shares of the company’s stock worth $2,110,000 after buying an additional 1,391 shares during the period. Victory Capital Management Inc. increased its stake in Compass Minerals International by 17.4% in the fourth quarter. Victory Capital Management Inc. now owns 583,725 shares of the company’s stock worth $43,937,000 after buying an additional 86,642 shares during the period. Finally, Aberdeen Asset Management PLC UK increased its stake in Compass Minerals International by 102.8% in the fourth quarter. Aberdeen Asset Management PLC UK now owns 293,000 shares of the company’s stock worth $24,500,000 after buying an additional 148,500 shares during the period.

Compass Minerals International, Inc (CMP) is a holding company. The Company is a producer and marketer of essential minerals, including salt, sulfate of potash specialty fertilizer (SOP), and magnesium chloride. The Company operates through two segments: salt and plant nutrition. The salt segment produces and markets salt and magnesium chloride for use in road deicing and dust control, food processing, water softeners, and agricultural and industrial applications.

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