Skyline Asset Management LP Sells 6,400 Shares of Compass Minerals International, Inc. (NYSE:CMP)

Skyline Asset Management LP trimmed its stake in Compass Minerals International, Inc. (NYSE:CMP) by 4.1% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 148,200 shares of the basic materials company’s stock after selling 6,400 shares during the period. Skyline Asset Management LP owned approximately 0.44% of Compass Minerals International worth $8,144,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of CMP. Deprince Race & Zollo Inc. lifted its holdings in shares of Compass Minerals International by 23.6% in the 4th quarter. Deprince Race & Zollo Inc. now owns 1,230,684 shares of the basic materials company’s stock worth $51,307,000 after purchasing an additional 234,982 shares in the last quarter. Raymond James Financial Services Advisors Inc. lifted its holdings in shares of Compass Minerals International by 23.0% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 6,703 shares of the basic materials company’s stock worth $279,000 after purchasing an additional 1,255 shares in the last quarter. Northern Trust Corp lifted its holdings in shares of Compass Minerals International by 1.1% in the 4th quarter. Northern Trust Corp now owns 529,637 shares of the basic materials company’s stock worth $22,080,000 after purchasing an additional 5,618 shares in the last quarter. Great West Life Assurance Co. Can lifted its holdings in shares of Compass Minerals International by 27.8% in the 4th quarter. Great West Life Assurance Co. Can now owns 26,815 shares of the basic materials company’s stock worth $1,046,000 after purchasing an additional 5,837 shares in the last quarter. Finally, Dimensional Fund Advisors LP lifted its holdings in shares of Compass Minerals International by 5.2% in the 4th quarter. Dimensional Fund Advisors LP now owns 935,385 shares of the basic materials company’s stock worth $38,996,000 after purchasing an additional 45,945 shares in the last quarter. 93.34% of the stock is owned by institutional investors and hedge funds.

In other Compass Minerals International news, Director Joseph E. Reece bought 1,000 shares of the firm’s stock in a transaction dated Friday, May 10th. The stock was purchased at an average cost of $53.51 per share, with a total value of $53,510.00. Following the transaction, the director now directly owns 259 shares in the company, valued at approximately $13,859.09. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CFO James D. Standen bought 692 shares of the firm’s stock in a transaction dated Monday, May 13th. The shares were acquired at an average cost of $52.05 per share, with a total value of $36,018.60. Following the completion of the transaction, the chief financial officer now owns 3,000 shares in the company, valued at $156,150. The disclosure for this purchase can be found here. Over the last ninety days, insiders have bought 2,722 shares of company stock valued at $144,229. Insiders own 0.60% of the company’s stock.

Several brokerages have weighed in on CMP. Zacks Investment Research upgraded DLH from a “sell” rating to a “hold” rating in a research note on Tuesday, July 9th. BMO Capital Markets upgraded TMAC Resources from a “market perform” rating to an “outperform” rating in a research note on Thursday, May 2nd. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $57.77.

NYSE:CMP traded up $0.01 during trading hours on Friday, hitting $56.52. 9,611 shares of the company traded hands, compared to its average volume of 316,553. The company has a debt-to-equity ratio of 2.27, a quick ratio of 1.37 and a current ratio of 2.16. The business’s 50-day simple moving average is $54.91. Compass Minerals International, Inc. has a one year low of $38.19 and a one year high of $70.40. The firm has a market cap of $1.94 billion, a P/E ratio of 29.04 and a beta of 1.35.

Compass Minerals International (NYSE:CMP) last issued its quarterly earnings data on Tuesday, April 30th. The basic materials company reported $0.22 earnings per share for the quarter, beating the consensus estimate of $0.01 by $0.21. Compass Minerals International had a return on equity of 11.26% and a net margin of 4.37%. The business had revenue of $403.70 million for the quarter, compared to analysts’ expectations of $417.50 million. During the same period last year, the business earned $0.37 EPS. The business’s revenue was down 7.8% on a year-over-year basis. On average, analysts forecast that Compass Minerals International, Inc. will post 2.62 earnings per share for the current fiscal year.

About Compass Minerals International

Compass Minerals International, Inc, produces and sells salt, and specialty plant nutrition and chemical products primarily in the United States, Canada, Brazil, and the United Kingdom. It operates through three segments: Salt, Plant Nutrition North America, and Plant Nutrition South America. The Salt segment offers 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 salt to produce specialty products.

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Institutional Ownership by Quarter for Compass Minerals International (NYSE:CMP)

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