Texas Permanent School Fund Corp Increases Stock Holdings in Compass Minerals International, Inc. (NYSE:CMP)

Texas Permanent School Fund Corp increased its holdings in shares of Compass Minerals International, Inc. (NYSE:CMP) by 16.9% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 34,427 shares of the basic materials company’s stock after acquiring an additional 4,976 shares during the quarter. Texas Permanent School Fund Corp’s holdings in Compass Minerals International were worth $356,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of the business. Vanguard Group Inc. lifted its holdings in Compass Minerals International by 3.6% during the first quarter. Vanguard Group Inc. now owns 4,579,361 shares of the basic materials company’s stock worth $72,079,000 after acquiring an additional 160,632 shares during the period. Morningstar Investment Services LLC lifted its holdings in Compass Minerals International by 89.2% during the fourth quarter. Morningstar Investment Services LLC now owns 1,352,718 shares of the basic materials company’s stock worth $35,333,000 after acquiring an additional 637,883 shares during the period. Dimensional Fund Advisors LP lifted its holdings in Compass Minerals International by 16.0% during the fourth quarter. Dimensional Fund Advisors LP now owns 1,246,855 shares of the basic materials company’s stock worth $31,572,000 after acquiring an additional 172,018 shares during the period. Charles Schwab Investment Management Inc. lifted its holdings in Compass Minerals International by 6.6% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 549,492 shares of the basic materials company’s stock worth $13,913,000 after acquiring an additional 34,193 shares during the period. Finally, Invenomic Capital Management LP bought a new stake in Compass Minerals International during the first quarter worth $7,486,000. 99.78% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

CMP has been the topic of a number of recent analyst reports. StockNews.com upgraded Compass Minerals International to a “sell” rating in a report on Wednesday. BMO Capital Markets reiterated a “market perform” rating and set a $20.00 price target on shares of Compass Minerals International in a report on Wednesday. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $31.00.

Compass Minerals International Stock Performance

Shares of CMP opened at $11.34 on Friday. The firm has a market cap of $468.73 million, a PE ratio of -5.43, a PEG ratio of 0.37 and a beta of 1.10. The stock’s fifty day moving average price is $10.47 and its two-hundred day moving average price is $12.54. The company has a debt-to-equity ratio of 2.25, a current ratio of 2.98 and a quick ratio of 1.15. Compass Minerals International, Inc. has a 1 year low of $7.51 and a 1 year high of $28.70.

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.