Keeley Teton Advisors LLC Decreases Holdings in Compass Minerals International, Inc. (NYSE:CMP)

Keeley Teton Advisors LLC trimmed its holdings in shares of Compass Minerals International, Inc. (NYSE:CMPGet Rating) by 19.6% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 69,223 shares of the basic materials company’s stock after selling 16,853 shares during the period. Keeley Teton Advisors LLC owned 0.20% of Compass Minerals International worth $4,347,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of the business. Exchange Capital Management Inc. lifted its holdings in Compass Minerals International by 0.5% during the 1st quarter. Exchange Capital Management Inc. now owns 38,036 shares of the basic materials company’s stock worth $2,388,000 after buying an additional 188 shares during the last quarter. Private Advisor Group LLC lifted its holdings in shares of Compass Minerals International by 2.7% in the 1st quarter. Private Advisor Group LLC now owns 10,615 shares of the basic materials company’s stock valued at $667,000 after purchasing an additional 284 shares during the last quarter. Schaper Benz & Wise Investment Counsel Inc. WI lifted its holdings in shares of Compass Minerals International by 0.5% in the 1st quarter. Schaper Benz & Wise Investment Counsel Inc. WI now owns 65,751 shares of the basic materials company’s stock valued at $4,129,000 after purchasing an additional 312 shares during the last quarter. Teacher Retirement System of Texas lifted its holdings in shares of Compass Minerals International by 6.3% in the 1st quarter. Teacher Retirement System of Texas now owns 7,007 shares of the basic materials company’s stock valued at $440,000 after purchasing an additional 418 shares during the last quarter. Finally, Tcwp LLC purchased a new stake in shares of Compass Minerals International in the 1st quarter valued at about $27,000. 94.22% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the company. TheStreet downgraded Compass Minerals International from a “c-” rating to a “d+” rating in a report on Wednesday, May 18th. StockNews.com raised Compass Minerals International from a “sell” rating to a “hold” rating in a report on Thursday, August 11th. Finally, Deutsche Bank Aktiengesellschaft dropped their price target on Compass Minerals International from $73.00 to $55.00 in a research report on Monday, May 23rd. One analyst has rated the stock with a sell rating, three have issued a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat, Compass Minerals International has a consensus rating of “Hold” and a consensus price target of $58.83.

Compass Minerals International Stock Performance

Shares of CMP stock opened at $39.31 on Wednesday. The company has a quick ratio of 1.11, a current ratio of 2.53 and a debt-to-equity ratio of 2.94. The stock’s 50-day moving average price is $38.14 and its 200 day moving average price is $47.19. Compass Minerals International, Inc. has a 52-week low of $30.67 and a 52-week high of $75.44. The stock has a market capitalization of $1.34 billion, a PE ratio of -18.12 and a beta of 1.40.

Compass Minerals International Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 20th. Shareholders of record on Friday, September 9th will be given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 1.53%. The ex-dividend date is Thursday, September 8th. Compass Minerals International’s payout ratio is -27.65%.

Insiders Place Their Bets

In other Compass Minerals International news, CEO Kevin S. Crutchfield bought 1,450 shares of the company’s stock in a transaction on Friday, June 17th. The shares were bought at an average price of $34.21 per share, for a total transaction of $49,604.50. Following the transaction, the chief executive officer now owns 51,745 shares of the company’s stock, valued at approximately $1,770,196.45. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In other news, CEO Kevin S. Crutchfield purchased 1,450 shares of the stock in a transaction that occurred on Friday, June 17th. The shares were acquired at an average price of $34.21 per share, for a total transaction of $49,604.50. Following the acquisition, the chief executive officer now directly owns 51,745 shares in the company, valued at approximately $1,770,196.45. The acquisition was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Joseph E. Reece purchased 5,000 shares of the stock in a transaction that occurred on Thursday, June 16th. The stock was purchased at an average price of $33.41 per share, for a total transaction of $167,050.00. Following the acquisition, the director now owns 11,000 shares in the company, valued at $367,510. The disclosure for this purchase can be found here. 1.05% of the stock is currently owned by insiders.

Compass Minerals International Company Profile

(Get Rating)

Compass Minerals International, Inc, produces and sells essential minerals primarily in the United States, Canada, Brazil, the United Kingdom, and internationally. 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.

Further Reading

Want to see what other hedge funds are holding CMP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Compass Minerals International, Inc. (NYSE:CMPGet Rating).

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

Receive News & Ratings for Compass Minerals International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Compass Minerals International and related companies with MarketBeat.com's FREE daily email newsletter.