Bard Financial Services Inc. Purchases 2,250 Shares of Compass Minerals International, Inc. (NYSE:CMP)

Bard Financial Services Inc. increased its position in shares of Compass Minerals International, Inc. (NYSE:CMP) by 1.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 189,615 shares of the basic materials company’s stock after acquiring an additional 2,250 shares during the quarter. Bard Financial Services Inc. owned about 0.46% of Compass Minerals International worth $2,133,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Signaturefd LLC grew its holdings in Compass Minerals International by 629.4% in the third 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. Allspring Global Investments Holdings LLC purchased a new position in Compass Minerals International during the 2nd quarter worth $45,000. Denver PWM LLC increased its position in Compass Minerals International by 33.8% during the 3rd quarter. Denver PWM LLC now owns 3,745 shares of the basic materials company’s stock valued at $45,000 after buying an additional 946 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. acquired a new position in Compass Minerals International during the 2nd quarter valued at about $46,000. Finally, Nisa Investment Advisors LLC raised its stake in Compass Minerals International by 247.7% in the third quarter. Nisa Investment Advisors LLC now owns 4,110 shares of the basic materials company’s stock valued at $49,000 after buying an additional 2,928 shares during the last quarter. Hedge funds and other institutional investors own 99.78% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently issued reports on CMP shares. StockNews.com upgraded shares of Compass Minerals International to a “sell” rating in a report on Wednesday, September 18th. BMO Capital Markets decreased their price target on shares of Compass Minerals International from $20.00 to $18.00 and set a “market perform” rating for the company in a report on Wednesday, December 18th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the stock. According to MarketBeat.com, Compass Minerals International presently has an average rating of “Hold” and an average price target of $30.50.

Compass Minerals International Stock Performance

NYSE CMP traded up $0.10 during trading hours on Monday, reaching $11.12. The stock had a trading volume of 307,100 shares, compared to its average volume of 404,222. Compass Minerals International, Inc. has a 52-week low of $7.51 and a 52-week high of $23.99. The stock has a fifty day moving average of $13.04 and a 200 day moving average of $11.77. The company has a debt-to-equity ratio of 2.47, a quick ratio of 0.74 and a current ratio of 2.90. The stock has a market cap of $460.96 million, a P/E ratio of -2.71 and a beta of 1.21.

Compass Minerals International (NYSE:CMP) last released its quarterly earnings data on Monday, December 16th. The basic materials company reported ($0.77) EPS for the quarter, missing the consensus estimate of $0.05 by ($0.82). Compass Minerals International had a negative net margin of 14.81% and a positive return on equity of 4.75%. The business had revenue of $208.80 million during the quarter, compared to analysts’ expectations of $323.61 million. During the same period last year, the company earned $0.05 earnings per share. The firm’s revenue was down 38.9% on a year-over-year basis. Sell-side analysts predict that Compass Minerals International, Inc. will post 0.04 earnings per share for the current year.

About Compass Minerals International

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.