Blair William & Co. IL Has $13.58 Million Stake in Compass Diversified (NYSE:CODI)

Blair William & Co. IL lifted its position in shares of Compass Diversified (NYSE:CODIFree Report) by 12.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 723,211 shares of the financial services provider’s stock after purchasing an additional 78,397 shares during the quarter. Blair William & Co. IL owned approximately 1.01% of Compass Diversified worth $13,575,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also bought and sold shares of the company. Money Concepts Capital Corp boosted its stake in Compass Diversified by 352.9% in the 4th quarter. Money Concepts Capital Corp now owns 1,508 shares of the financial services provider’s stock valued at $27,000 after buying an additional 1,175 shares in the last quarter. Ensign Peak Advisors Inc acquired a new position in Compass Diversified in the third quarter worth $29,000. Tower Research Capital LLC TRC boosted its stake in Compass Diversified by 216.5% in the first quarter. Tower Research Capital LLC TRC now owns 2,263 shares of the financial services provider’s stock worth $43,000 after purchasing an additional 1,548 shares in the last quarter. Quantbot Technologies LP acquired a new position in Compass Diversified in the second quarter worth $55,000. Finally, NBC Securities Inc. acquired a new position in Compass Diversified in the third quarter worth $48,000. Institutional investors and hedge funds own 50.41% of the company’s stock.

Compass Diversified Price Performance

Compass Diversified stock opened at $22.50 on Monday. The company has a debt-to-equity ratio of 1.64, a quick ratio of 1.45 and a current ratio of 3.71. The firm has a market cap of $1.62 billion, a P/E ratio of 83.34 and a beta of 1.73. The business’s fifty day moving average is $21.92 and its two-hundred day moving average is $20.50. Compass Diversified has a 52 week low of $16.88 and a 52 week high of $23.27.

Compass Diversified Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, January 25th. Shareholders of record on Thursday, January 18th were paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 4.44%. The ex-dividend date of this dividend was Wednesday, January 17th. Compass Diversified’s dividend payout ratio is currently 370.38%.

Insiders Place Their Bets

In other news, major shareholder Anholt Investments Ltd. sold 3,954 shares of the business’s stock in a transaction on Wednesday, November 29th. The stock was sold at an average price of $23.10, for a total transaction of $91,337.40. Following the completion of the sale, the insider now owns 146,191 shares in the company, valued at $3,377,012.10. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. In related news, major shareholder Anholt Investments Ltd. sold 3,954 shares of the stock in a transaction dated Wednesday, November 29th. The stock was sold at an average price of $23.10, for a total transaction of $91,337.40. Following the completion of the transaction, the insider now directly owns 146,191 shares in the company, valued at $3,377,012.10. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Elias Sabo acquired 30,000 shares of the firm’s stock in a transaction that occurred on Friday, January 26th. The shares were purchased at an average price of $22.95 per share, with a total value of $688,500.00. Following the completion of the acquisition, the insider now owns 675,549 shares of the company’s stock, valued at approximately $15,503,849.55. The disclosure for this purchase can be found here. Over the last quarter, insiders have acquired 75,123 shares of company stock valued at $1,684,632 and have sold 51,218 shares valued at $1,214,774. Insiders own 2.40% of the company’s stock.

Compass Diversified Profile

(Free Report)

Compass Diversified is a private equity firm specializing in add on acquisitions, buyouts, industry consolidation, recapitalization, late stage and middle market investments. It seeks to invest in niche industrial or branded consumer companies, manufacturing, distribution, consumer products, business services sector, safety & security, electronic components, food, foodservice.

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Institutional Ownership by Quarter for Compass Diversified (NYSE:CODI)

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