Janus Capital Management LLC lowered its position in Compass Minerals International, Inc. (NYSE:CMP) by 13.1% during the fourth quarter, Holdings Channel reports. The fund owned 13,300 shares of the company’s stock after selling 2,000 shares during the period. Janus Capital Management LLC’s holdings in Compass Minerals International were worth $1,042,000 at the end of the most recent reporting period.
Several other institutional investors have also bought and sold shares of the company. Synovus Financial Corp acquired a new position in Compass Minerals International during the third quarter worth about $155,000. LS Investment Advisors LLC boosted its position in Compass Minerals International by 5.7% in the third quarter. LS Investment Advisors LLC now owns 2,166 shares of the company’s stock worth $160,000 after buying an additional 116 shares during the last quarter. Integrated Wealth Management boosted its position in Compass Minerals International by 8.0% in the third quarter. Integrated Wealth Management now owns 3,503 shares of the company’s stock worth $258,000 after buying an additional 260 shares during the last quarter. HL Financial Services LLC acquired a new position in Compass Minerals International during the third quarter worth about $270,000. Finally, Trexquant Investment LP boosted its position in Compass Minerals International by 6.5% in the fourth quarter. Trexquant Investment LP now owns 3,824 shares of the company’s stock worth $300,000 after buying an additional 234 shares during the last quarter.
Compass Minerals International, Inc. (NYSE:CMP) opened at 68.95 on Monday. Compass Minerals International, Inc. has a 12 month low of $67.05 and a 12 month high of $84.40. The stock’s 50 day moving average price is $76.63 and its 200-day moving average price is $76.23. The firm has a market capitalization of $2.33 billion, a price-to-earnings ratio of 14.39 and a beta of 0.51.
Compass Minerals International (NYSE:CMP) last announced its quarterly earnings data on Wednesday, February 8th. The company reported $1.35 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.11 by $0.24. The company had revenue of $443.20 million for the quarter, compared to analysts’ expectations of $399.66 million. Compass Minerals International had a return on equity of 16.02% and a net margin of 14.30%. Compass Minerals International’s revenue for the quarter was up 53.2% compared to the same quarter last year. During the same period last year, the firm posted $1.72 EPS. Equities analysts anticipate that Compass Minerals International, Inc. will post $3.41 EPS for the current fiscal year.
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 15th. Investors of record on Wednesday, March 1st were issued a dividend of $0.72 per share. This represents a $2.88 dividend on an annualized basis and a dividend yield of 4.18%. This is a boost from Compass Minerals International’s previous quarterly dividend of $0.70. The ex-dividend date was Monday, February 27th. Compass Minerals International’s dividend payout ratio (DPR) is currently 58.16%.
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A number of research firms have issued reports on CMP. Zacks Investment Research cut Compass Minerals International from a “strong-buy” rating to a “hold” rating in a report on Friday, January 13th. TheStreet upgraded Compass Minerals International from a “hold” rating to a “buy” rating in a report on Monday, November 21st. Five investment analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Compass Minerals International presently has a consensus rating of “Hold” and an average price target of $77.67.
About Compass Minerals International
Compass Minerals International, Inc is a holding company. The Company, through its subsidiaries, is engaged in producing and marketing essential minerals, including salt, sulfate of potash (SOP) specialty fertilizer, magnesium chloride and micronutrients. It operates through two segments, which include salt and plant nutrition.
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