Nomura Holdings Inc. Makes New $5.17 Million Investment in Compass Minerals International, Inc. $CMP

Nomura Holdings Inc. bought a new stake in shares of Compass Minerals International, Inc. (NYSE:CMP) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 257,219 shares of the basic materials company’s stock, valued at approximately $5,168,000. Nomura Holdings Inc. owned approximately 0.62% of Compass Minerals International at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. CWM LLC lifted its position in Compass Minerals International by 95.0% during the 2nd quarter. CWM LLC now owns 1,363 shares of the basic materials company’s stock valued at $27,000 after acquiring an additional 664 shares during the period. Public Employees Retirement System of Ohio increased its stake in shares of Compass Minerals International by 37.6% during the second quarter. Public Employees Retirement System of Ohio now owns 3,967 shares of the basic materials company’s stock valued at $80,000 after purchasing an additional 1,084 shares in the last quarter. Headlands Technologies LLC purchased a new position in shares of Compass Minerals International during the second quarter valued at approximately $83,000. AlphaQuest LLC lifted its holdings in shares of Compass Minerals International by 690,800.0% during the first quarter. AlphaQuest LLC now owns 6,909 shares of the basic materials company’s stock valued at $64,000 after purchasing an additional 6,908 shares during the last quarter. Finally, Police & Firemen s Retirement System of New Jersey boosted its position in shares of Compass Minerals International by 11.2% in the 2nd quarter. Police & Firemen s Retirement System of New Jersey now owns 7,863 shares of the basic materials company’s stock worth $158,000 after purchasing an additional 791 shares in the last quarter. 99.78% of the stock is owned by hedge funds and other institutional investors.

Compass Minerals International Trading Up 7.4%

Compass Minerals International stock opened at $18.64 on Tuesday. Compass Minerals International, Inc. has a one year low of $8.60 and a one year high of $22.69. The business’s fifty day moving average is $18.20 and its 200 day moving average is $19.24. The stock has a market capitalization of $776.92 million, a PE ratio of -9.71 and a beta of 1.16. The company has a debt-to-equity ratio of 3.55, a current ratio of 2.15 and a quick ratio of 0.98.

Compass Minerals International (NYSE:CMP) last posted its earnings results on Monday, December 8th. The basic materials company reported ($0.17) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.15) by ($0.02). The company had revenue of $227.50 million for the quarter, compared to the consensus estimate of $223.72 million. Compass Minerals International had a negative net margin of 6.42% and a negative return on equity of 8.22%. Compass Minerals International’s revenue was up 9.0% on a year-over-year basis. During the same quarter in the prior year, the company posted ($0.77) EPS. On average, sell-side analysts predict that Compass Minerals International, Inc. will post -0.53 EPS for the current year.

Wall Street Analyst Weigh In

CMP has been the subject of a number of analyst reports. Zacks Research raised Compass Minerals International from a “strong sell” rating to a “hold” rating in a research report on Tuesday, November 11th. Deutsche Bank Aktiengesellschaft reduced their price target on Compass Minerals International from $22.00 to $21.00 and set a “buy” rating for the company in a report on Thursday, December 11th. Wall Street Zen upgraded shares of Compass Minerals International from a “hold” rating to a “buy” rating in a research note on Saturday. Weiss Ratings reissued a “sell (d-)” rating on shares of Compass Minerals International in a research report on Wednesday, October 8th. Finally, Loop Capital set a $22.00 target price on shares of Compass Minerals International in a report on Monday. One research analyst has rated the stock with a Buy rating, two have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Reduce” and an average target price of $20.25.

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.