Compass Minerals International Inc. (NYSE:CMP) was up 2% on Wednesday . The stock traded as high as $74.64 and last traded at $73.94, with a volume of 579,776 shares. The stock had previously closed at $72.50.

Several equities research analysts recently weighed in on CMP shares. BB&T Corp. downgraded Compass Minerals International from a “buy” rating to a “hold” rating in a report on Wednesday, March 30th. Stifel Nicolaus started coverage on Compass Minerals International in a report on Tuesday. They set a “buy” rating for the company. KeyCorp downgraded Compass Minerals International from an “overweight” rating to a “sector weight” rating in a report on Wednesday, June 15th. Zacks Investment Research raised Compass Minerals International from a “sell” rating to a “hold” rating in a report on Tuesday, June 28th. Finally, JPMorgan Chase & Co. decreased their price target on Compass Minerals International from $70.00 to $65.00 and set a “neutral” rating for the company in a report on Tuesday, April 12th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and one has given a buy rating to the company. Compass Minerals International presently has an average rating of “Hold” and an average price target of $74.29.

The stock has a 50-day moving average of $77.24 and a 200-day moving average of $73.73. The firm has a market capitalization of $2.52 billion and a PE ratio of 17.10.

Compass Minerals International (NYSE:CMP) last issued its quarterly earnings results on Monday, April 25th. The company reported $1.46 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.33 by $0.13. During the same quarter last year, the firm posted $1.79 earnings per share. The firm earned $345.70 million during the quarter, compared to the consensus estimate of $347.69 million. Compass Minerals International’s revenue was down 12.0% compared to the same quarter last year. On average, equities analysts expect that Compass Minerals International Inc. will post $3.40 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Wednesday, June 15th. Stockholders of record on Wednesday, June 1st were issued a $0.695 dividend. The ex-dividend date of this dividend was Friday, May 27th. This represents a $2.78 dividend on an annualized basis and a dividend yield of 3.73%.

Several large investors have recently modified their holdings of the stock. Hamilton Point Investment Advisors LLC increased its stake in shares of Compass Minerals International by 13.3% in the fourth quarter. Hamilton Point Investment Advisors LLC now owns 16,806 shares of the company’s stock worth $1,265,000 after buying an additional 1,976 shares during the period. Wellington Shields Capital Management LLC purchased a new stake in shares of Compass Minerals International during the fourth quarter worth $1,275,000. Kornitzer Capital Management Inc. KS purchased a new stake in shares of Compass Minerals International during the fourth quarter worth $1,519,000. Wells Fargo & Company MN increased its stake in shares of Compass Minerals International by 27.0% in the fourth quarter. Wells Fargo & Company MN now owns 21,152 shares of the company’s stock worth $1,592,000 after buying an additional 4,501 shares during the period. Finally, Mutual of America Capital Management LLC increased its stake in shares of Compass Minerals International by 0.3% in the fourth quarter. Mutual of America Capital Management LLC now owns 22,421 shares of the company’s stock worth $1,688,000 after buying an additional 68 shares during the period.

Compass Minerals International, Inc is a holding company. The Company, through its subsidiaries, is engaged in producing and marketing essential minerals, including salt, sulfate of potash (SOP) specialty fertilizer, magnesium chloride and micronutrients. It operates through two segments, which include salt and plant nutrition.

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