Compass Minerals International, Inc. (NYSE:CMP) Shares Sold by Camelot Portfolios LLC

Camelot Portfolios LLC trimmed its holdings in shares of Compass Minerals International, Inc. (NYSE:CMP) by 13.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 16,276 shares of the basic materials company’s stock after selling 2,538 shares during the quarter. Camelot Portfolios LLC’s holdings in Compass Minerals International were worth $183,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in CMP. SG Americas Securities LLC acquired a new stake in Compass Minerals International in the third quarter worth about $153,000. Creative Planning raised its position in shares of Compass Minerals International by 50.8% in the 3rd quarter. Creative Planning now owns 20,669 shares of the basic materials company’s stock valued at $248,000 after purchasing an additional 6,964 shares during the last quarter. Signaturefd LLC grew its position in Compass Minerals International by 629.4% during the 3rd quarter. Signaturefd LLC now owns 2,407 shares of the basic materials company’s stock worth $29,000 after purchasing an additional 2,077 shares during the last quarter. Ballentine Partners LLC acquired a new position in Compass Minerals International during the 3rd quarter valued at approximately $250,000. Finally, Nisa Investment Advisors LLC increased its stake in Compass Minerals International by 247.7% during the 3rd quarter. Nisa Investment Advisors LLC now owns 4,110 shares of the basic materials company’s stock valued at $49,000 after purchasing an additional 2,928 shares in the last quarter. 99.78% of the stock is owned by institutional investors and hedge funds.

Compass Minerals International Stock Up 1.1 %

CMP stock opened at $12.02 on Friday. The company has a debt-to-equity ratio of 3.67, a current ratio of 2.37 and a quick ratio of 1.12. The firm’s fifty day simple moving average is $12.00 and its 200-day simple moving average is $11.95. Compass Minerals International, Inc. has a 12 month low of $7.51 and a 12 month high of $23.59. The company has a market capitalization of $498.67 million, a P/E ratio of -3.04 and a beta of 1.21.

Compass Minerals International (NYSE:CMP) last announced its quarterly earnings results on Monday, February 10th. The basic materials company reported ($0.55) earnings per share for the quarter, missing the consensus estimate of ($0.05) by ($0.50). Compass Minerals International had a negative return on equity of 10.00% and a negative net margin of 15.10%. As a group, equities research analysts forecast that Compass Minerals International, Inc. will post -0.53 earnings per share for the current year.

Wall Street Analysts Forecast Growth

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

Compass Minerals International Company 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.