Advisors Management Group Inc. ADV raised its position in Compass Minerals International, Inc. (NYSE:CMP) by 3.6% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 95,562 shares of the basic materials company’s stock after purchasing an additional 3,345 shares during the period. Compass Minerals International accounts for 3.3% of Advisors Management Group Inc. ADV’s investment portfolio, making the stock its 6th largest holding. Advisors Management Group Inc. ADV owned approximately 0.28% of Compass Minerals International worth $6,202,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in the business. Bruderman Asset Management LLC purchased a new position in shares of Compass Minerals International in the 2nd quarter valued at $146,000. IFP Advisors Inc grew its position in shares of Compass Minerals International by 93.6% in the 3rd quarter. IFP Advisors Inc now owns 2,431 shares of the basic materials company’s stock valued at $158,000 after buying an additional 1,175 shares during the last quarter. LS Investment Advisors LLC grew its position in shares of Compass Minerals International by 20.3% in the 2nd quarter. LS Investment Advisors LLC now owns 2,786 shares of the basic materials company’s stock valued at $182,000 after buying an additional 470 shares during the last quarter. Raymond James Financial Services Advisors Inc. purchased a new position in shares of Compass Minerals International in the 2nd quarter valued at $206,000. Finally, Legg Mason Asset Management Japan Co. Ltd. purchased a new position in shares of Compass Minerals International in the 2nd quarter valued at $229,000.

A number of research analysts recently commented on CMP shares. Stifel Nicolaus reaffirmed a “buy” rating and issued a $84.00 target price on shares of Compass Minerals International in a research report on Wednesday, November 1st. Monness Crespi & Hardt raised shares of Compass Minerals International from a “neutral” rating to a “buy” rating and set a $76.00 price objective on the stock in a research report on Monday, October 2nd. Zacks Investment Research raised shares of Compass Minerals International from a “sell” rating to a “hold” rating in a research report on Monday, August 14th. Credit Suisse Group set a $63.00 price objective on shares of Compass Minerals International and gave the stock a “hold” rating in a research report on Wednesday, August 9th. Finally, J P Morgan Chase & Co raised shares of Compass Minerals International from a “neutral” rating to an “overweight” rating and set a $70.00 price objective on the stock in a research report on Monday, September 25th. Two analysts have rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of $73.60.

Compass Minerals International, Inc. (CMP) traded down $1.45 during mid-day trading on Thursday, hitting $65.05. 317,200 shares of the stock traded hands, compared to its average volume of 400,099. Compass Minerals International, Inc. has a one year low of $59.72 and a one year high of $84.40. The firm has a market cap of $2,249.53, a PE ratio of 27.25 and a beta of 0.49. The company has a debt-to-equity ratio of 1.70, a current ratio of 2.52 and a quick ratio of 1.18.

Compass Minerals International (NYSE:CMP) last released its earnings results on Monday, October 30th. The basic materials company reported $0.65 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.85 by ($0.20). Compass Minerals International had a return on equity of 11.52% and a net margin of 10.72%. The firm had revenue of $290.70 million during the quarter, compared to analyst estimates of $323.76 million. During the same quarter last year, the business posted $0.27 EPS. The firm’s revenue was up 61.9% on a year-over-year basis. equities research analysts forecast that Compass Minerals International, Inc. will post 2.62 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 15th. Investors of record on Friday, December 1st will be paid a $0.72 dividend. This represents a $2.88 annualized dividend and a dividend yield of 4.43%. The ex-dividend date is Thursday, November 30th. Compass Minerals International’s dividend payout ratio (DPR) is 67.76%.

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Compass Minerals International Company Profile

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.

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

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