Texas Permanent School Fund Corp trimmed its holdings in Compass Minerals International, Inc. (NYSE:CMP – Free Report) by 1.8% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 29,921 shares of the basic materials company’s stock after selling 540 shares during the period. Texas Permanent School Fund Corp owned about 0.07% of Compass Minerals International worth $1,017,000 as of its most recent SEC filing.
A number of other institutional investors also recently made changes to their positions in CMP. Private Advisor Group LLC increased its stake in shares of Compass Minerals International by 2.7% in the first quarter. Private Advisor Group LLC now owns 10,615 shares of the basic materials company’s stock worth $667,000 after buying an additional 284 shares during the last quarter. Cetera Investment Advisers lifted its position in shares of Compass Minerals International by 3.6% during the first quarter. Cetera Investment Advisers now owns 8,742 shares of the basic materials company’s stock worth $300,000 after purchasing an additional 304 shares during the last quarter. Public Employees Retirement System of Ohio grew its stake in Compass Minerals International by 10.5% in the third quarter. Public Employees Retirement System of Ohio now owns 3,275 shares of the basic materials company’s stock worth $126,000 after purchasing an additional 311 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. increased its holdings in Compass Minerals International by 2.8% in the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 15,031 shares of the basic materials company’s stock valued at $515,000 after buying an additional 411 shares during the last quarter. Finally, Arizona State Retirement System raised its stake in Compass Minerals International by 4.8% during the first quarter. Arizona State Retirement System now owns 10,103 shares of the basic materials company’s stock valued at $346,000 after buying an additional 464 shares in the last quarter. 92.79% of the stock is owned by institutional investors and hedge funds.
Compass Minerals International Price Performance
CMP opened at $23.67 on Monday. The company has a quick ratio of 0.78, a current ratio of 2.16 and a debt-to-equity ratio of 1.33. The company’s 50-day moving average price is $26.38 and its 200 day moving average price is $31.02. Compass Minerals International, Inc. has a fifty-two week low of $22.80 and a fifty-two week high of $47.68. The firm has a market cap of $974.14 million, a price-to-earnings ratio of 65.75, a price-to-earnings-growth ratio of 0.30 and a beta of 1.32.
Analyst Upgrades and Downgrades
In related news, insider James D. Standen purchased 3,503 shares of the company’s stock in a transaction dated Thursday, September 21st. The shares were acquired at an average cost of $26.85 per share, for a total transaction of $94,055.55. Following the transaction, the insider now owns 30,000 shares of the company’s stock, valued at $805,500. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 1.51% of the company’s stock.
Compass Minerals International Company Profile
Compass Minerals International, Inc, produces and sells essential minerals primarily 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.
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