Northwestern Mutual Wealth Management Co. Grows Position in Compass Minerals International, Inc. (NYSE:CMP)

Northwestern Mutual Wealth Management Co. grew its holdings in shares of Compass Minerals International, Inc. (NYSE:CMP) by 150.7% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 13,350 shares of the basic materials company’s stock after purchasing an additional 8,024 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in Compass Minerals International were worth $138,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of CMP. CarsonAllaria Wealth Management Ltd. grew its stake in Compass Minerals International by 26.2% in the 2nd quarter. CarsonAllaria Wealth Management Ltd. now owns 4,659 shares of the basic materials company’s stock valued at $48,000 after buying an additional 966 shares in the last quarter. Principal Financial Group Inc. raised its stake in shares of Compass Minerals International by 0.6% during the 1st quarter. Principal Financial Group Inc. now owns 176,600 shares of the basic materials company’s stock valued at $2,780,000 after purchasing an additional 1,010 shares during the period. Price T Rowe Associates Inc. MD lifted its holdings in Compass Minerals International by 4.3% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 32,722 shares of the basic materials company’s stock worth $516,000 after purchasing an additional 1,358 shares in the last quarter. Thompson Siegel & Walmsley LLC boosted its stake in Compass Minerals International by 0.3% in the 2nd quarter. Thompson Siegel & Walmsley LLC now owns 860,796 shares of the basic materials company’s stock worth $8,892,000 after purchasing an additional 2,167 shares during the period. Finally, BNP Paribas Financial Markets grew its holdings in Compass Minerals International by 8.2% during the 1st quarter. BNP Paribas Financial Markets now owns 30,553 shares of the basic materials company’s stock valued at $481,000 after buying an additional 2,311 shares in the last quarter. Hedge funds and other institutional investors own 99.78% of the company’s stock.

Analysts Set New Price Targets

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

Compass Minerals International Trading Down 5.7 %

Shares of Compass Minerals International stock opened at $12.63 on Friday. 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. The firm has a market cap of $522.05 million, a PE ratio of -6.04, a PEG ratio of 1.16 and a beta of 1.11. The company has a 50 day simple moving average of $10.31 and a two-hundred day simple moving average of $11.86.

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.