Rhumbline Advisers increased its position in Compass Minerals International, Inc. (NYSE:CMP) by 2.8% during the third quarter, according to its most recent disclosure with the SEC. The firm owned 55,491 shares of the company’s stock after buying an additional 1,536 shares during the period. Rhumbline Advisers owned 0.16% of Compass Minerals International worth $4,090,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently bought and sold shares of CMP. TIAA CREF Investment Management LLC increased its position in shares of Compass Minerals International by 99.0% in the third quarter. TIAA CREF Investment Management LLC now owns 119,495 shares of the company’s stock worth $8,807,000 after buying an additional 59,437 shares during the period. BlackRock Fund Advisors increased its position in shares of Compass Minerals International by 5.1% in the third quarter. BlackRock Fund Advisors now owns 1,389,845 shares of the company’s stock worth $102,432,000 after buying an additional 67,590 shares during the period. BlackRock Inc. increased its position in shares of Compass Minerals International by 1.9% in the third quarter. BlackRock Inc. now owns 45,958 shares of the company’s stock worth $3,387,000 after buying an additional 874 shares during the period. BlackRock Investment Management LLC increased its position in shares of Compass Minerals International by 0.8% in the third quarter. BlackRock Investment Management LLC now owns 100,357 shares of the company’s stock worth $7,396,000 after buying an additional 820 shares during the period. Finally, Hamilton Point Investment Advisors LLC increased its position in shares of Compass Minerals International by 5.7% in the third quarter. Hamilton Point Investment Advisors LLC now owns 18,905 shares of the company’s stock worth $1,393,000 after buying an additional 1,013 shares during the period.

Institutional Ownership by Quarter for Compass Minerals International (NYSE:CMP)

Compass Minerals International, Inc. (NYSE:CMP) opened at 81.45 on Friday. Compass Minerals International, Inc. has a 1-year low of $66.30 and a 1-year high of $82.55. The company has a 50-day moving average price of $79.63 and a 200 day moving average price of $74.56. The stock has a market capitalization of $2.75 billion, a P/E ratio of 22.39 and a beta of 0.53.

Compass Minerals International (NYSE:CMP) last issued its earnings results on Monday, October 24th. The company reported $0.27 EPS for the quarter, missing the Zacks’ consensus estimate of $0.28 by $0.01. Compass Minerals International had a net margin of 12.55% and a return on equity of 18.34%. The company earned $179.60 million during the quarter, compared to analyst estimates of $207.25 million. During the same quarter in the previous year, the firm earned $0.80 earnings per share. The business’s revenue was down 22.8% on a year-over-year basis. On average, equities analysts predict that Compass Minerals International, Inc. will post $2.95 EPS for the current year.

The business also recently announced a quarterly dividend, which was paid on Thursday, December 15th. Shareholders of record on Thursday, December 1st were paid a $0.695 dividend. The ex-dividend date was Tuesday, November 29th. This represents a $2.78 dividend on an annualized basis and a yield of 3.41%. Compass Minerals International’s payout ratio is currently 76.58%.

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A number of brokerages have recently issued reports on CMP. Zacks Investment Research downgraded Compass Minerals International from a “strong-buy” rating to a “hold” rating in a research note on Friday. TheStreet raised Compass Minerals International from a “hold” rating to a “buy” rating in a research note on Monday, November 21st. Finally, Monness Crespi & Hardt set a $63.00 target price on Compass Minerals International and gave the stock a “sell” rating in a research note on Wednesday, October 5th. Six investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of $77.63.

About Compass Minerals International

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.

5 Day Chart for NYSE:CMP

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