Denver PWM LLC Grows Position in Compass Minerals International, Inc. (NYSE:CMP)

Denver PWM LLC grew its stake in Compass Minerals International, Inc. (NYSE:CMP) by 25.8% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,712 shares of the basic materials company’s stock after purchasing an additional 967 shares during the period. Denver PWM LLC’s holdings in Compass Minerals International were worth $53,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Point72 Asia Singapore Pte. Ltd. boosted its position in Compass Minerals International by 1,145.5% in the 3rd quarter. Point72 Asia Singapore Pte. Ltd. now owns 55,087 shares of the basic materials company’s stock worth $662,000 after purchasing an additional 50,664 shares in the last quarter. Repertoire Partners LP purchased a new stake in Compass Minerals International in the 3rd quarter worth approximately $1,202,000. Weiss Asset Management LP purchased a new stake in Compass Minerals International in the 3rd quarter worth approximately $1,177,000. Barclays PLC boosted its position in Compass Minerals International by 76.7% in the 3rd quarter. Barclays PLC now owns 92,803 shares of the basic materials company’s stock worth $1,116,000 after purchasing an additional 40,288 shares in the last quarter. Finally, Quantbot Technologies LP acquired a new position in shares of Compass Minerals International during the 3rd quarter worth approximately $535,000. Hedge funds and other institutional investors own 99.78% of the company’s stock.

Compass Minerals International Stock Up 1.1 %

NYSE CMP opened at $12.02 on Friday. The business has a fifty day moving average price of $12.00 and a 200 day moving average price of $11.95. Compass Minerals International, Inc. has a one year low of $7.51 and a one year high of $23.59. The company has a debt-to-equity ratio of 3.67, a quick ratio of 1.12 and a current ratio of 2.37. The company has a market cap of $498.62 million, a P/E ratio of -3.04 and a beta of 1.21.

Compass Minerals International (NYSE:CMP) last posted its quarterly earnings data on Monday, February 10th. The basic materials company reported ($0.55) EPS for the quarter, missing the consensus estimate of ($0.05) by ($0.50). Compass Minerals International had a negative net margin of 15.10% and a negative return on equity of 10.00%. Research analysts anticipate that Compass Minerals International, Inc. will post -0.53 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on CMP. BMO Capital Markets reduced their target price on Compass Minerals International from $18.00 to $17.00 and set a “market perform” rating for the company in a research note on Wednesday, February 12th. JPMorgan Chase & Co. raised Compass Minerals International from a “neutral” rating to an “overweight” rating and upped their target price for the stock from $13.00 to $15.00 in a research note on Wednesday, February 12th. Finally, StockNews.com raised Compass Minerals International from a “sell” rating to a “hold” rating in a research note on Wednesday, February 12th.

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.