Continuum Advisory LLC acquired a new stake in Compass Minerals International, Inc. (NYSE:CMP – Get Rating) in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 5,521 shares of the basic materials company's stock, valued at approximately $213,000.

A number of other hedge funds have also recently added to or reduced their stakes in CMP. Maryland State Retirement & Pension System grew its position in Compass Minerals International by 2.0% in the 2nd quarter. Maryland State Retirement & Pension System now owns 13,932 shares of the basic materials company's stock valued at $493,000 after purchasing an additional 272 shares during the period. Private Advisor Group LLC lifted its position in Compass Minerals International by 2.7% in the 1st quarter. Private Advisor Group LLC now owns 10,615 shares of the basic materials company's stock valued at $667,000 after acquiring an additional 284 shares in the last quarter. GPS Wealth Strategies Group LLC boosted its stake in Compass Minerals International by 79.8% during the 3rd quarter. GPS Wealth Strategies Group LLC now owns 676 shares of the basic materials company's stock valued at $26,000 after purchasing an additional 300 shares during the last quarter. Capital City Trust Co. FL raised its stake in shares of Compass Minerals International by 4.4% in the third quarter. Capital City Trust Co. FL now owns 8,829 shares of the basic materials company's stock worth $340,000 after purchasing an additional 373 shares during the last quarter. Finally, Personal CFO Solutions LLC raised its stake in shares of Compass Minerals International by 6.4% in the third quarter. Personal CFO Solutions LLC now owns 6,322 shares of the basic materials company's stock worth $244,000 after purchasing an additional 381 shares during the last quarter. Institutional investors and hedge funds own 91.94% of the company's stock.

Insider Activity at Compass Minerals International

In other Compass Minerals International news, insider James D. Standen sold 7,644 shares of the firm's stock in a transaction on Wednesday, January 18th. The stock was sold at an average price of $46.16, for a total value of $352,847.04. Following the completion of the sale, the insider now directly owns 26,497 shares of the company's stock, valued at $1,223,101.52. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 1.51% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Compass Minerals International Trading Up 4.4 %

Shares of NYSE:CMP opened at $47.68 on Friday. Compass Minerals International, Inc. has a 1 year low of $30.67 and a 1 year high of $67.67. The business has a fifty day moving average price of $43.75 and a two-hundred day moving average price of $41.17. The company has a debt-to-equity ratio of 3.70, a quick ratio of 1.11 and a current ratio of 2.41.

Compass Minerals International (NYSE:CMP – Get Rating) last posted its quarterly earnings results on Tuesday, November 29th. The basic materials company reported $0.01 earnings per share for the quarter, beating the consensus estimate of ($0.17) by $0.18. The company had revenue of $249.40 million during the quarter, compared to analyst estimates of $227.02 million. Compass Minerals International had a negative net margin of 1.97% and a positive return on equity of 7.00%. Sell-side analysts anticipate that Compass Minerals International, Inc. will post 1.07 EPS for the current year.

Compass Minerals International Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 20th. Investors of record on Friday, December 9th were issued a $0.15 dividend. The ex-dividend date was Thursday, December 8th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.26%. Compass Minerals International's dividend payout ratio (DPR) is presently -83.33%.

Compass Minerals International Company Profile

(Get Rating)

Compass Minerals International, Inc engages in the production of salt, sulfate of potassium, and magnesium chloride, and in the provision of records storage. It operates through the Salt and Plant Nutrition segments. The Salt segment provides highway de-icing salt. The Plant Nutrition segment produces and markets SOP products in various grades worldwide to distributors and retailers of crop inputs.

Read More

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