Charles Schwab Investment Management Inc. Decreases Position in Compass Minerals International, Inc. (NYSE:CMP)

Charles Schwab Investment Management Inc. lowered its position in Compass Minerals International, Inc. (NYSE:CMP) by 11.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 380,571 shares of the basic materials company’s stock after selling 47,880 shares during the quarter. Charles Schwab Investment Management Inc.’s holdings in Compass Minerals International were worth $4,281,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in CMP. Tsfg LLC purchased a new position in Compass Minerals International during the 4th quarter valued at about $28,000. Denver PWM LLC increased its stake in shares of 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 worth $45,000 after purchasing an additional 946 shares in the last quarter. New York State Common Retirement Fund increased its stake in shares of Compass Minerals International by 35.9% during the 4th quarter. New York State Common Retirement Fund now owns 7,189 shares of the basic materials company’s stock worth $81,000 after purchasing an additional 1,900 shares in the last quarter. Dynamic Technology Lab Private Ltd acquired a new position in shares of Compass Minerals International during the 3rd quarter worth approximately $137,000. Finally, Jones Financial Companies Lllp lifted its stake in Compass Minerals International by 44.1% in the 4th quarter. Jones Financial Companies Lllp now owns 18,111 shares of the basic materials company’s stock valued at $204,000 after buying an additional 5,544 shares in the last quarter. Institutional investors and hedge funds own 99.78% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the company. StockNews.com raised Compass Minerals International from a “sell” rating to a “hold” rating in a report on Wednesday, February 12th. JPMorgan Chase & Co. upgraded shares of Compass Minerals International from a “neutral” rating to an “overweight” rating and upped their target price for the company from $13.00 to $15.00 in a report on Wednesday, February 12th. Finally, BMO Capital Markets decreased their price target on shares of Compass Minerals International from $18.00 to $17.00 and set a “market perform” rating on the stock in a research note on Wednesday, February 12th.

Compass Minerals International Trading Up 1.0 %

Shares of Compass Minerals International stock opened at $9.66 on Thursday. The firm has a market cap of $401.09 million, a PE ratio of -2.45 and a beta of 1.27. The company has a quick ratio of 1.12, a current ratio of 2.37 and a debt-to-equity ratio of 3.67. Compass Minerals International, Inc. has a fifty-two week low of $7.51 and a fifty-two week high of $16.08. The business’s fifty day moving average is $11.46 and its two-hundred day moving average is $12.12.

Compass Minerals International (NYSE:CMP) last issued its quarterly earnings results on Monday, February 10th. The basic materials company reported ($0.55) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.50). Compass Minerals International had a negative return on equity of 10.00% and a negative net margin of 15.10%. Analysts anticipate that Compass Minerals International, Inc. will post -0.53 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.