Almanack Investment Partners LLC. Invests $66,000 in Compass Minerals International, Inc. (NYSE:CMP)

Almanack Investment Partners LLC. acquired a new position in shares of Compass Minerals International, Inc. (NYSE:CMP – Get Rating) in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 1,705 shares of the basic materials company’s stock, valued at approximately $66,000.

Several other institutional investors and hedge funds have also made changes to their positions in the business. GPS Wealth Strategies Group LLC boosted its position in shares of Compass Minerals International by 79.8% in the 3rd quarter. GPS Wealth Strategies Group LLC now owns 676 shares of the basic materials company’s stock valued at $26,000 after purchasing an additional 300 shares during the period. Repertoire Partners LP acquired a new stake in shares of Compass Minerals International in the 2nd quarter valued at about $35,000. Point72 Hong Kong Ltd boosted its position in shares of Compass Minerals International by 438.8% in the 3rd quarter. Point72 Hong Kong Ltd now owns 1,417 shares of the basic materials company’s stock valued at $55,000 after purchasing an additional 1,154 shares during the period. Tower Research Capital LLC TRC boosted its position in shares of Compass Minerals International by 120.8% in the 3rd quarter. Tower Research Capital LLC TRC now owns 2,175 shares of the basic materials company’s stock valued at $84,000 after purchasing an additional 1,190 shares during the period. Finally, First PREMIER Bank boosted its position in shares of Compass Minerals International by 113.8% in the 3rd quarter. First PREMIER Bank now owns 2,925 shares of the basic materials company’s stock valued at $113,000 after purchasing an additional 1,557 shares during the period. 91.94% of the stock is owned by institutional investors and hedge funds.

Compass Minerals International Stock Up 0.3 %

CMP opened at $34.27 on Wednesday. The business has a 50 day moving average price of $42.12 and a two-hundred day moving average price of $41.29. The company has a quick ratio of 1.75, a current ratio of 3.13 and a debt-to-equity ratio of 1.63. The company has a market cap of $1.41 billion, a PE ratio of -42.84 and a beta of 1.35. Compass Minerals International, Inc. has a 52 week low of $30.67 and a 52 week high of $67.67.

Compass Minerals International Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 20th. Shareholders of record on Friday, March 10th will be paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 1.75%. The ex-dividend date is Thursday, March 9th. Compass Minerals International’s dividend payout ratio is presently -75.00%.

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft decreased their target price on Compass Minerals International from $55.00 to $50.00 and set a “buy” rating for the company in a research report on Thursday, February 9th.

Insider Buying and Selling at Compass Minerals International

In other Compass Minerals International news, insider James D. Standen sold 7,644 shares of the company’s stock in a transaction that occurred on Wednesday, January 18th. The stock was sold at an average price of $46.16, for a total transaction of $352,847.04. Following the completion of the sale, the insider now directly owns 26,497 shares of the company’s stock, valued at approximately $1,223,101.52. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 1.51% of the stock is owned by company insiders.

About Compass Minerals International

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Compass Minerals International, Inc engages in the production of salt, sulfate of potassium, and magnesium chloride, and in the provision of records storage. It operates through the Salt and Plant Nutrition segments. The Salt segment provides highway de-icing salt. The Plant Nutrition segment produces and markets SOP products in various grades worldwide to distributors and retailers of crop inputs.