Two Sigma Investments LP Has $969,000 Stock Position in Compass Minerals International, Inc. (NYSE:CMP)

Two Sigma Investments LP lifted its position in shares of Compass Minerals International, Inc. (NYSE:CMP) by 27.0% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 86,090 shares of the basic materials company’s stock after buying an additional 18,326 shares during the quarter. Two Sigma Investments LP owned about 0.21% of Compass Minerals International worth $969,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Jones Financial Companies Lllp lifted its holdings in shares of Compass Minerals International by 44.1% during the fourth quarter. Jones Financial Companies Lllp now owns 18,111 shares of the basic materials company’s stock worth $204,000 after buying an additional 5,544 shares in the last quarter. Raymond James Financial Inc. acquired a new position in Compass Minerals International in the fourth quarter valued at about $1,439,000. Invesco Ltd. raised its stake in Compass Minerals International by 42.2% in the fourth quarter. Invesco Ltd. now owns 199,794 shares of the basic materials company’s stock valued at $2,248,000 after purchasing an additional 59,312 shares in the last quarter. American Century Companies Inc. raised its stake in Compass Minerals International by 77.8% in the fourth quarter. American Century Companies Inc. now owns 154,773 shares of the basic materials company’s stock valued at $1,741,000 after purchasing an additional 67,725 shares in the last quarter. Finally, New York State Common Retirement Fund raised its stake in Compass Minerals International by 35.9% in the fourth quarter. New York State Common Retirement Fund now owns 7,189 shares of the basic materials company’s stock valued at $81,000 after purchasing an additional 1,900 shares in the last quarter. Institutional investors and hedge funds own 99.78% of the company’s stock.

Compass Minerals International Stock Performance

Compass Minerals International stock opened at $19.95 on Friday. Compass Minerals International, Inc. has a 12-month low of $7.51 and a 12-month high of $20.75. The company has a quick ratio of 1.12, a current ratio of 2.37 and a debt-to-equity ratio of 3.67. The business’s 50-day moving average price is $14.96 and its two-hundred day moving average price is $13.01. The stock has a market cap of $827.80 million, a PE ratio of -5.05 and a beta of 1.11.

Compass Minerals International (NYSE:CMP) last released its earnings results on Wednesday, May 7th. The basic materials company reported $0.63 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.39 by $0.24. Compass Minerals International had a negative return on equity of 10.00% and a negative net margin of 15.10%. The firm had revenue of $494.60 million for the quarter, compared to analysts’ expectations of $413.96 million. The business’s quarterly revenue was up 35.9% on a year-over-year basis. As a group, analysts expect that Compass Minerals International, Inc. will post -0.53 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of research firms recently commented on CMP. Wall Street Zen raised Compass Minerals International from a “hold” rating to a “buy” rating in a research note on Saturday, May 31st. BMO Capital Markets boosted their price target on Compass Minerals International from $15.00 to $20.00 and gave the company a “market perform” rating in a research note on Monday, May 12th. Finally, JPMorgan Chase & Co. raised Compass Minerals International from a “neutral” rating to an “overweight” rating and boosted their price target for the company from $13.00 to $15.00 in a research note on Wednesday, February 12th.

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.