SG Americas Securities LLC Invests $422,000 in Compass Minerals International, Inc. $CMP

SG Americas Securities LLC purchased a new position in shares of Compass Minerals International, Inc. (NYSE:CMP) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 21,967 shares of the basic materials company’s stock, valued at approximately $422,000. SG Americas Securities LLC owned 0.05% of Compass Minerals International as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently added to or reduced their stakes in the company. CWM LLC lifted its position in Compass Minerals International by 95.0% in the 2nd quarter. CWM LLC now owns 1,363 shares of the basic materials company’s stock worth $27,000 after buying an additional 664 shares in the last quarter. Police & Firemen s Retirement System of New Jersey raised its holdings in shares of Compass Minerals International by 11.2% during the second 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 acquiring an additional 791 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in Compass Minerals International by 4.3% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 20,665 shares of the basic materials company’s stock valued at $192,000 after purchasing an additional 858 shares during the last quarter. Public Employees Retirement System of Ohio grew its stake in Compass Minerals International by 37.6% in 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. Finally, Patriot Financial Group Insurance Agency LLC increased its position in Compass Minerals International by 9.3% in the 2nd quarter. Patriot Financial Group Insurance Agency LLC now owns 12,959 shares of the basic materials company’s stock worth $260,000 after purchasing an additional 1,098 shares during the last quarter. Institutional investors and hedge funds own 99.78% of the company’s stock.

Compass Minerals International Trading Up 4.7%

Shares of CMP stock opened at $25.60 on Monday. Compass Minerals International, Inc. has a 12 month low of $8.60 and a 12 month high of $25.81. The company has a market cap of $1.07 billion, a PE ratio of -13.33 and a beta of 1.17. The company has a quick ratio of 0.98, a current ratio of 2.15 and a debt-to-equity ratio of 3.55. The business’s 50 day moving average is $20.18 and its two-hundred day moving average is $19.50.

Compass Minerals International (NYSE:CMP) last posted its quarterly earnings data 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). Compass Minerals International had a negative return on equity of 8.22% and a negative net margin of 6.42%.The firm had revenue of $227.50 million for the quarter, compared to the consensus estimate of $223.72 million. During the same period in the prior year, the company posted ($0.77) earnings per share. Compass Minerals International’s quarterly revenue was up 9.0% on a year-over-year basis. Equities analysts predict that Compass Minerals International, Inc. will post -0.53 EPS for the current year.

Analyst Ratings Changes

CMP has been the subject of several research reports. 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 raised shares of Compass Minerals International from a “hold” rating to a “buy” rating in a research report on Saturday, December 13th. BMO Capital Markets boosted their target price on shares of Compass Minerals International from $20.00 to $25.00 and gave the stock a “market perform” rating in a research report on Monday, January 5th. Weiss Ratings restated a “sell (d-)” rating on shares of Compass Minerals International in a research note on Wednesday. Finally, Compass Point set a $22.00 price target on shares of Compass Minerals International in a report on Tuesday, December 16th. One equities research analyst has rated the stock with a Buy rating, two have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Reduce” and an average target price of $22.00.

Compass Minerals International Company Profile

Compass Minerals International, Inc is a global producer of essential mineral-based products, primarily known for its salt and plant nutrition portfolios. The company’s deicing salts are used by municipalities and commercial customers across North America to maintain safer roadways in winter months. In addition, its water conditioning salts serve both residential and industrial users, supporting water treatment systems that remove hard minerals to protect plumbing and equipment.

Beyond conventional salt products, Compass Minerals has developed a specialty plant nutrition business focused on sulfate of potash (SOP), a premium fertilizer that provides both potassium and sulfur to crops.