O Keefe Stevens Advisory Inc. Grows Holdings in Compass Minerals International, Inc. $CMP

O Keefe Stevens Advisory Inc. boosted its position in Compass Minerals International, Inc. (NYSE:CMP) by 4.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 593,887 shares of the basic materials company’s stock after buying an additional 23,860 shares during the quarter. Compass Minerals International accounts for approximately 3.0% of O Keefe Stevens Advisory Inc.’s holdings, making the stock its 15th biggest holding. O Keefe Stevens Advisory Inc. owned about 1.42% of Compass Minerals International worth $11,664,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Royal Bank of Canada increased its position in shares of Compass Minerals International by 10.5% during the first quarter. Royal Bank of Canada now owns 49,928 shares of the basic materials company’s stock worth $464,000 after acquiring an additional 4,740 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Compass Minerals International by 4.3% in 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. Geode Capital Management LLC grew its stake in Compass Minerals International by 1.1% during the 2nd quarter. Geode Capital Management LLC now owns 805,021 shares of the basic materials company’s stock valued at $16,175,000 after purchasing an additional 8,859 shares in the last quarter. Police & Firemen s Retirement System of New Jersey grew its stake in Compass Minerals International by 11.2% during the 2nd quarter. Police & Firemen s Retirement System of New Jersey now owns 7,863 shares of the basic materials company’s stock valued at $158,000 after purchasing an additional 791 shares in the last quarter. Finally, Creative Planning increased its holdings in Compass Minerals International by 13.7% during the 2nd quarter. Creative Planning now owns 25,405 shares of the basic materials company’s stock worth $510,000 after purchasing an additional 3,061 shares during the last quarter. 99.78% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

CMP has been the topic of a number of recent analyst reports. Wall Street Zen raised Compass Minerals International from a “hold” rating to a “buy” rating in a research report on Saturday, December 13th. Weiss Ratings restated a “sell (d-)” rating on shares of Compass Minerals International in a research note on Wednesday, January 21st. Loop Capital set a $24.00 price target on shares of Compass Minerals International in a report on Tuesday, December 30th. Deutsche Bank Aktiengesellschaft reduced their price objective on shares of Compass Minerals International from $22.00 to $21.00 and set a “buy” rating on the stock in a research note on Thursday, December 11th. Finally, Compass Point set a $22.00 price objective on shares of Compass Minerals International in a report on Tuesday, December 16th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, one has issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $22.00.

Compass Minerals International Stock Down 2.2%

CMP stock opened at $21.51 on Monday. The firm has a market cap of $900.41 million, a price-to-earnings ratio of -23.38 and a beta of 1.15. Compass Minerals International, Inc. has a 1-year low of $8.60 and a 1-year high of $27.00. The firm has a fifty day moving average price of $23.78 and a two-hundred day moving average price of $20.53. The company has a debt-to-equity ratio of 3.39, a current ratio of 2.59 and a quick ratio of 1.53.

Compass Minerals International (NYSE:CMP) last posted its quarterly earnings results on Wednesday, February 4th. The basic materials company reported $0.43 EPS for the quarter, beating the consensus estimate of $0.11 by $0.32. Compass Minerals International had a negative net margin of 2.82% and a positive return on equity of 8.69%. The business had revenue of $396.10 million during the quarter, compared to analyst estimates of $329.23 million. During the same period in the previous year, the business posted ($0.55) EPS. The company’s quarterly revenue was up 28.9% on a year-over-year basis. Research analysts predict that Compass Minerals International, Inc. will post -0.53 EPS for the current year.

Compass Minerals International 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.