Compass Minerals International, Inc. (NYSE:CMP) Shares Acquired by Bard Financial Services Inc.

Bard Financial Services Inc. grew its position in shares of Compass Minerals International, Inc. (NYSE:CMP) by 15.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 187,365 shares of the basic materials company’s stock after acquiring an additional 24,615 shares during the quarter. Bard Financial Services Inc. owned about 0.45% of Compass Minerals International worth $2,252,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of CMP. Point72 Asia Singapore Pte. Ltd. raised its holdings in Compass Minerals International by 1,145.5% during the 3rd quarter. Point72 Asia Singapore Pte. Ltd. now owns 55,087 shares of the basic materials company’s stock worth $662,000 after buying an additional 50,664 shares during the period. Repertoire Partners LP acquired a new stake in shares of Compass Minerals International in the third quarter worth $1,202,000. Weiss Asset Management LP purchased a new position in shares of Compass Minerals International during the third quarter valued at $1,177,000. Quantbot Technologies LP purchased a new stake in shares of Compass Minerals International in the third quarter worth approximately $535,000. Finally, Michelson Medical Research Foundation Inc. purchased a new stake in Compass Minerals International in the 3rd quarter worth approximately $6,070,000. Institutional investors own 99.78% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the company. StockNews.com raised Compass Minerals International to a “sell” rating in a report on Wednesday, September 18th. BMO Capital Markets reaffirmed a “market perform” rating and set a $20.00 price objective on shares of Compass Minerals International in a report on Wednesday, September 18th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat.com, Compass Minerals International has a consensus rating of “Hold” and a consensus target price of $31.00.

Compass Minerals International Stock Performance

CMP opened at $14.12 on Wednesday. Compass Minerals International, Inc. has a 12-month low of $7.51 and a 12-month high of $27.25. The firm has a market capitalization of $585.26 million, a P/E ratio of -3.44 and a beta of 1.17. The stock’s 50 day moving average price is $13.50 and its two-hundred day moving average price is $11.88. The company has a quick ratio of 0.74, a current ratio of 2.90 and a debt-to-equity ratio of 2.47.

Compass Minerals International (NYSE:CMP) last announced its quarterly earnings data on Tuesday, September 17th. The basic materials company reported ($1.01) EPS for the quarter, missing analysts’ consensus estimates of ($0.67) by ($0.34). Compass Minerals International had a negative net margin of 14.81% and a positive return on equity of 4.75%. The company had revenue of $202.90 million for the quarter, compared to analyst estimates of $201.86 million. On average, equities analysts forecast that Compass Minerals International, Inc. will post 0.04 earnings per share for the current year.

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.