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

A number of analysts recently weighed in on the stock. Cantor Fitzgerald reissued a “hold” rating and issued a $98.00 price target on shares of Compass Minerals International in a report on Sunday, June 5th. Goldman Sachs Group Inc. lowered their price target on shares of Compass Minerals International from $60.00 to $57.00 in a report on Tuesday, April 12th. JPMorgan Chase & Co. lowered their price target on shares of Compass Minerals International from $70.00 to $65.00 and set a “neutral” rating for the company in a report on Tuesday, April 12th. Zacks Investment Research raised shares of Compass Minerals International from a “sell” rating to a “hold” rating in a report on Tuesday, June 28th. Finally, KeyCorp lowered shares of Compass Minerals International from an “overweight” rating to a “sector weight” rating in a report on Wednesday, June 15th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and one has given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of $76.25.

The stock has a market capitalization of $2.50 billion and a P/E ratio of 16.962. The stock’s 50-day moving average is $77.00 and its 200 day moving average is $73.74.

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, topping the Zacks’ consensus estimate of $1.33 by $0.13. During the same period last year, the company posted $1.79 EPS. The firm had revenue of $345.70 million for the quarter, compared to the consensus estimate of $347.69 million. The business’s revenue was down 12.0% on a year-over-year basis. On average, equities research analysts expect that Compass Minerals International Inc. will post $3.40 earnings per share 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 dividend of $0.695 per share. This represents a $2.78 dividend on an annualized basis and a dividend yield of 3.75%. The ex-dividend date of this dividend was Friday, May 27th.

Several hedge funds have recently modified their holdings of CMP. 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 bought a new position in shares of Compass Minerals International during the fourth quarter valued at approximately $1,275,000. Kornitzer Capital Management Inc. KS bought a new position in shares of Compass Minerals International during the fourth quarter valued at approximately $1,519,000. Wells Fargo & Company MN increased its position 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 valued at $1,592,000 after buying an additional 4,501 shares during the last quarter. Finally, Mutual of America Capital Management LLC increased its position 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 valued at $1,688,000 after buying an additional 68 shares during the last quarter.

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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