Capital One National Association decreased its position in Compass Minerals International, Inc. (NYSE:CMP) by 38.0% during the second quarter, Holdings Channel reports. The institutional investor owned 3,538 shares of the basic materials company’s stock after selling 2,165 shares during the period. Capital One National Association’s holdings in Compass Minerals International were worth $231,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the company. Bernzott Capital Advisors increased its position in Compass Minerals International by 19.8% in the first quarter. Bernzott Capital Advisors now owns 206,901 shares of the basic materials company’s stock worth $14,038,000 after buying an additional 34,170 shares in the last quarter. Viking Fund Management LLC increased its position in shares of Compass Minerals International by 33.3% in the first quarter. Viking Fund Management LLC now owns 20,000 shares of the basic materials company’s stock worth $1,357,000 after buying an additional 5,000 shares during the period. Norges Bank bought a new position in shares of Compass Minerals International during the fourth quarter worth $32,695,000. Thrivent Financial for Lutherans increased its position in shares of Compass Minerals International by 9.1% in the fourth quarter. Thrivent Financial for Lutherans now owns 5,780 shares of the basic materials company’s stock worth $453,000 after buying an additional 480 shares during the period. Finally, Capstone Asset Management Co. increased its position in shares of Compass Minerals International by 3.4% in the first quarter. Capstone Asset Management Co. now owns 3,026 shares of the basic materials company’s stock worth $205,000 after buying an additional 100 shares during the period.

Compass Minerals International, Inc. (NYSE:CMP) opened at 67.00 on Tuesday. The company has a market capitalization of $2.27 billion, a PE ratio of 16.92 and a beta of 0.44. The company has a 50 day moving average of $65.94 and a 200 day moving average of $72.29. Compass Minerals International, Inc. has a 52-week low of $62.70 and a 52-week high of $84.40.

Compass Minerals International (NYSE:CMP) last released its quarterly earnings data on Wednesday, May 3rd. The basic materials company reported $0.63 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.43 by $0.20. Compass Minerals International had a return on equity of 11.86% and a net margin of 11.40%. The business had revenue of $387.80 million for the quarter, compared to the consensus estimate of $386.97 million. During the same quarter in the previous year, the company posted $1.46 EPS. The company’s revenue was up 12.2% compared to the same quarter last year. On average, equities research analysts forecast that Compass Minerals International, Inc. will post $3.09 earnings per share for the current fiscal year.

COPYRIGHT VIOLATION NOTICE: This article was originally published by Daily Political and is the property of of Daily Political. If you are reading this article on another publication, it was illegally stolen and republished in violation of United States & international copyright and trademark law. The correct version of this article can be read at https://www.dailypolitical.com/2017/07/18/capital-one-national-association-decreases-stake-in-compass-minerals-international-inc-nysecmp.html.

A number of equities analysts recently weighed in on CMP shares. Zacks Investment Research downgraded shares of Compass Minerals International from a “hold” rating to a “sell” rating in a report on Tuesday, March 21st. BMO Capital Markets reaffirmed a “hold” rating and set a $75.00 price objective on shares of Compass Minerals International in a report on Friday, May 5th. TheStreet downgraded shares of Compass Minerals International from a “b” rating to a “c+” rating in a report on Wednesday, March 29th. Finally, BidaskClub raised shares of Compass Minerals International from a “strong sell” rating to a “sell” rating in a report on Saturday, June 10th. Four investment analysts have rated the stock with a hold rating, The stock has an average rating of “Hold” and an average price target of $77.00.

About Compass Minerals International

Compass Minerals International, Inc (CMI) is a provider of essential minerals that solve nature’s challenges, including salt for winter roadway safety and other consumer, industrial and agricultural uses; specialty plant nutrition minerals for the quality and yield of crops, and specialty chemicals for water treatment and other industrial processes.

Want to see what other hedge funds are holding CMP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Compass Minerals International, Inc. (NYSE:CMP).

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

Receive News & Ratings for Compass Minerals International Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Compass Minerals International Inc. and related companies with MarketBeat.com's FREE daily email newsletter.