Compass Minerals International (NYSE:CMP) Receiving Somewhat Favorable Media Coverage, Report Shows

Bruno Cirelli
Agosto 13, 2017

(NYSE:CMP) have been assigned a consensus rating of "Hold" from the six brokerages that are now covering the firm, MarketBeat.com reports. The institutional investor owned 6,878 shares of the basic materials company's stock after buying an additional 1,110 shares during the period. SeaBridge Investment Advisors LLC owned 0.33% of Compass Minerals International worth $7,217,000 as of its most recent filing with the SEC. Elkfork Partners LLC raised its position in shares of Compass Minerals International by 26.8% in the first quarter. 383,161 shares of the company's stock traded hands. Meadow Creek Investment Management LLC raised its position in Compass Minerals International by 26.8% in the first quarter. Cove Street Capital LLC now owns 477,709 shares of the basic materials company's stock valued at $32,412,000 after buying an additional 178,934 shares in the last quarter. Bruderman Asset Management LLC bought a new position in Compass Minerals International during the second quarter worth about $146,000. Meadow Creek Investment Management LLC now owns 1,988 shares of the basic materials company's stock valued at $135,000 after buying an additional 420 shares during the last quarter. The value of the investment in Compass Minerals Intl Inc increased from $23,155,000 to $29,436,000 a change of 27.1% quarter over quarter. Archford Capital Strategies LLC now owns 2,612 shares of the basic materials company's stock valued at $177,000 after buying an additional 778 shares during the last quarter. Glen Harbor Capital Management LLC raised its position in Compass Minerals International by 26.8% in the first quarter. Thrivent Financial for Lutherans now owns 5,780 shares of the basic materials company's stock valued at $453,000 after buying an additional 480 shares in the last quarter. Compass Minerals International, Inc.

Shares of Compass Minerals International (CMP) opened at 63.95 on Friday. The firm has a market cap of $2.16 billion, a PE ratio of 17.87 and a beta of 0.45.

Shares are trading at $63.50 quite a bit lower than the 50 day moving average which is $66.92 and significantly lower than the 200 day moving average of $69.71.

Compass Minerals International (NYSE:CMP) last released its quarterly earnings results on Monday, August 7th. The basic materials company reported ($0.19) EPS for the quarter, missing the Thomson Reuters' consensus estimate of ($0.07) by $0.12. Compass Minerals International had a return on equity of 10.01% and a net margin of 9.83%. The company had revenue of $228 million during the quarter, compared to analyst estimates of $261.13 million. During the same period a year ago, the company earned $0.18 earnings per share. The company's revenue for the quarter was up 34.5% compared to the same quarter past year. Equities research analysts anticipate that Compass Minerals International, Inc. will post $3.06 earnings per share for the current year. Additionally Compass Minerals Intl Inc announced a dividend for shareholders that will be paid on Friday the 15th of September 2017. Stockholders of record on Friday, September 1st will be issued a $0.72 dividend. The ex-dividend date will be Tuesday the 30th of May 2017. This dividend amount will represent a yeild of $4.43. Compass Minerals International's dividend payout ratio (DPR) is 80.45%. Compass Minerals International, Inc. If you are accessing this article on another domain, it was stolen and reposted in violation of United States and global trademark & copyright legislation. The legal version of this piece can be accessed at https://transcriptdaily.com/2017/08/12/compass-minerals-international-inc-nysecmp-stake-raised-by-duncker-streett-co-inc-updated-updated.html.

A number of research analysts have commented on CMP shares.

Shapiro Capital Management LLC decreased its investment in Compass Minerals Intl Inc by 69,725 shares as of the end of the last quarter. Credit Suisse Group set a $63.00 price objective on Compass Minerals International and gave the company a "hold" rating in a research note on Wednesday. BidaskClub upgraded shares of Compass Minerals International from a "strong sell" rating to a "sell" rating in a research report on Saturday, June 10th. Two equities research analysts have rated the stock with a sell rating and three have assigned a hold rating to the company's stock. Compass Minerals International presently has an average rating of "Hold" and an average price target of $73.50.

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.

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