Lapides Asset Management LLC boosted its position in shares of Compass Minerals International, Inc. (NYSE:CMP) by 19.9% in the fourth quarter, HoldingsChannel reports. The firm owned 51,800 shares of the basic materials company’s stock after acquiring an additional 8,600 shares during the period. Lapides Asset Management LLC’s holdings in Compass Minerals International were worth $3,743,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Vanguard Group Inc. grew its holdings in Compass Minerals International by 1.4% during the 2nd quarter. Vanguard Group Inc. now owns 3,040,104 shares of the basic materials company’s stock valued at $198,519,000 after purchasing an additional 41,002 shares in the last quarter. State Street Corp grew its holdings in Compass Minerals International by 23.3% during the 2nd quarter. State Street Corp now owns 1,615,191 shares of the basic materials company’s stock valued at $105,474,000 after purchasing an additional 305,111 shares in the last quarter. Janus Henderson Group PLC grew its holdings in Compass Minerals International by 32.2% during the 3rd quarter. Janus Henderson Group PLC now owns 1,486,825 shares of the basic materials company’s stock valued at $96,495,000 after purchasing an additional 361,985 shares in the last quarter. River Road Asset Management LLC grew its holdings in Compass Minerals International by 2.4% during the 4th quarter. River Road Asset Management LLC now owns 892,475 shares of the basic materials company’s stock valued at $64,481,000 after purchasing an additional 20,947 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its holdings in Compass Minerals International by 3.0% during the 3rd quarter. Dimensional Fund Advisors LP now owns 871,464 shares of the basic materials company’s stock valued at $56,557,000 after purchasing an additional 25,177 shares in the last quarter.

A number of equities research analysts recently weighed in on the stock. Zacks Investment Research raised shares of Compass Minerals International from a “sell” rating to a “hold” rating in a report on Monday, February 5th. Stifel Nicolaus reaffirmed a “buy” rating and set a $84.00 price target on shares of Compass Minerals International in a report on Wednesday, November 1st. Finally, TheStreet raised shares of Compass Minerals International from a “c+” rating to a “b” rating in a report on Thursday, November 30th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and three have given a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of $73.60.

Compass Minerals International, Inc. (CMP) opened at $69.55 on Tuesday. The firm has a market cap of $2,323.95, a price-to-earnings ratio of 16.36 and a beta of 0.55. The company has a current ratio of 2.52, a quick ratio of 1.18 and a debt-to-equity ratio of 1.70. Compass Minerals International, Inc. has a fifty-two week low of $59.72 and a fifty-two week high of $81.00.

COPYRIGHT VIOLATION NOTICE: This story was published by Daily Political and is the sole property of of Daily Political. If you are accessing this story on another publication, it was copied illegally and reposted in violation of US and international copyright and trademark law. The correct version of this story can be accessed at https://www.dailypolitical.com/2018/02/13/compass-minerals-international-inc-cmp-position-raised-by-lapides-asset-management-llc.html.

Compass Minerals International 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.

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