Tsfg LLC Invests $28,000 in Compass Minerals International, Inc. (NYSE:CMP)

Tsfg LLC bought a new stake in shares of Compass Minerals International, Inc. (NYSE:CMP) during the 4th quarter, according to its most recent filing with the SEC. The firm bought 2,500 shares of the basic materials company’s stock, valued at approximately $28,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Signaturefd LLC raised its stake in shares of Compass Minerals International by 629.4% during the third quarter. Signaturefd LLC now owns 2,407 shares of the basic materials company’s stock valued at $29,000 after purchasing an additional 2,077 shares during the period. Denver PWM LLC grew its holdings in Compass Minerals International by 33.8% during the 3rd quarter. Denver PWM LLC now owns 3,745 shares of the basic materials company’s stock valued at $45,000 after purchasing an additional 946 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. purchased a new stake in Compass Minerals International during the 2nd quarter worth $46,000. Nisa Investment Advisors LLC increased its stake in Compass Minerals International by 247.7% during the 3rd quarter. Nisa Investment Advisors LLC now owns 4,110 shares of the basic materials company’s stock worth $49,000 after buying an additional 2,928 shares during the period. Finally, Triune Financial Partners LLC acquired a new position in Compass Minerals International in the 3rd quarter worth $123,000. 99.78% of the stock is owned by institutional investors and hedge funds.

Compass Minerals International Price Performance

Shares of CMP stock opened at $13.04 on Tuesday. The firm has a fifty day moving average of $12.94 and a two-hundred day moving average of $11.78. The firm has a market cap of $540.55 million, a P/E ratio of -3.18 and a beta of 1.21. Compass Minerals International, Inc. has a 1-year low of $7.51 and a 1-year high of $23.99. The company has a debt-to-equity ratio of 2.47, a current ratio of 2.90 and a quick ratio of 0.74.

Compass Minerals International (NYSE:CMP) last posted its quarterly earnings results on Monday, December 16th. The basic materials company reported ($0.77) EPS for the quarter, missing analysts’ consensus estimates of $0.05 by ($0.82). The firm had revenue of $208.80 million during the quarter, compared to analyst estimates of $323.61 million. Compass Minerals International had a positive return on equity of 4.75% and a negative net margin of 14.81%. During the same quarter last year, the business posted $0.05 earnings per share. The firm’s revenue for the quarter was down 38.9% on a year-over-year basis. As a group, research analysts anticipate that Compass Minerals International, Inc. will post 0.04 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the company. StockNews.com upgraded Compass Minerals International to a “sell” rating in a research note on Wednesday, September 18th. BMO Capital Markets lowered their price objective on Compass Minerals International from $20.00 to $18.00 and set a “market perform” rating for the company in a research note on Wednesday, December 18th.

Compass Minerals International Profile

Compass Minerals International, Inc, provides essential minerals in the United States, Canada, the United Kingdom, and internationally. It operates through two segments, Salt and Plant Nutrition. The Salt segment produces, markets, and sells sodium chloride and magnesium chloride, including rock salt, mechanically and solar evaporated salt, and brine and flake magnesium chloride products; and purchases potassium chloride and calcium chloride to sell as finished products or to blend with sodium chloride to produce specialty products.