UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Purchases 1,764 Shares of Compass Minerals International, Inc. (NYSE:CMP)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in shares of Compass Minerals International, Inc. (NYSE:CMP) by 2.0% in the 3rd quarter, Holdings Channel.com reports. The fund owned 89,357 shares of the basic materials company’s stock after buying an additional 1,764 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in Compass Minerals International were worth $1,074,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Inspire Investing LLC boosted its holdings in Compass Minerals International by 3.9% during the third quarter. Inspire Investing LLC now owns 38,326 shares of the basic materials company’s stock worth $461,000 after purchasing an additional 1,437 shares during the last quarter. Wolverine Asset Management LLC lifted its position in Compass Minerals International by 2.3% during the 3rd quarter. Wolverine Asset Management LLC now owns 66,940 shares of the basic materials company’s stock worth $805,000 after buying an additional 1,482 shares in the last quarter. Signaturefd LLC boosted its stake in shares of 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 buying an additional 2,077 shares during the last quarter. Thompson Siegel & Walmsley LLC grew its holdings in shares of 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 valued at $8,892,000 after acquiring an additional 2,167 shares in the last quarter. Finally, Denver PWM LLC acquired a new stake in shares of Compass Minerals International in the second quarter valued at about $29,000. 99.78% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts recently commented on CMP shares. StockNews.com raised Compass Minerals International to a “sell” rating in a research report on Wednesday, September 18th. BMO Capital Markets dropped their price objective on Compass Minerals International from $20.00 to $18.00 and set a “market perform” rating on the stock in a research note on Wednesday. One analyst has rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $30.50.

Compass Minerals International Stock Down 6.0 %

Compass Minerals International stock opened at $12.02 on Thursday. The company has a debt-to-equity ratio of 2.47, a current ratio of 2.90 and a quick ratio of 0.74. The company’s 50-day moving average is $13.60 and its 200-day moving average is $11.90. The firm has a market capitalization of $498.22 million, a PE ratio of -2.93 and a beta of 1.17. Compass Minerals International, Inc. has a fifty-two week low of $7.51 and a fifty-two week high of $27.10.

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

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.