Brokerages Set Compass Diversified Holdings (NYSE:CODI) Price Target at $12.75

Compass Diversified Holdings (NYSE:CODI) has been given a consensus recommendation of “Hold” by the six ratings firms that are covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, four have given a hold recommendation and one has assigned a buy recommendation to the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is $12.75.

A number of equities research analysts recently commented on the stock. Compass Point set a $15.00 price objective on shares of Compass Diversified in a report on Tuesday, January 27th. CJS Securities upgraded Compass Diversified to an “outperform” rating in a report on Tuesday, January 27th. Zacks Research raised Compass Diversified from a “strong sell” rating to a “hold” rating in a research note on Monday, March 16th. B. Riley Financial boosted their price target on Compass Diversified from $8.00 to $10.50 and gave the company a “neutral” rating in a report on Tuesday, April 7th. Finally, Raymond James Financial started coverage on Compass Diversified in a research report on Wednesday, March 11th. They set a “hold” rating for the company.

Compass Diversified Trading Down 2.4%

NYSE:CODI opened at $11.41 on Tuesday. Compass Diversified has a fifty-two week low of $4.58 and a fifty-two week high of $17.67. The company has a debt-to-equity ratio of 19.20, a current ratio of 2.42 and a quick ratio of 1.26. The stock has a market capitalization of $858.11 million, a PE ratio of -2.94 and a beta of 1.00. The business’s 50-day simple moving average is $7.93 and its 200-day simple moving average is $6.76.

Insider Buying and Selling

In other news, insider Stephen Keller purchased 30,000 shares of Compass Diversified stock in a transaction on Monday, April 6th. The stock was purchased at an average price of $8.61 per share, with a total value of $258,300.00. Following the transaction, the insider directly owned 20,000 shares in the company, valued at $172,200. The trade was a -300.00% increase in their position. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this link. Insiders own 1.60% of the company’s stock.

Institutional Trading of Compass Diversified

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. North Star Investment Management Corp. grew its position in Compass Diversified by 20,678.0% in the first quarter. North Star Investment Management Corp. now owns 61,295 shares of the financial services provider’s stock valued at $482,000 after purchasing an additional 61,000 shares in the last quarter. Janney Montgomery Scott LLC lifted its position in Compass Diversified by 44.7% during the 1st quarter. Janney Montgomery Scott LLC now owns 76,593 shares of the financial services provider’s stock worth $602,000 after buying an additional 23,676 shares in the last quarter. Oak Family Advisors LLC acquired a new position in shares of Compass Diversified during the 1st quarter worth about $1,372,000. ARS Investment Partners LLC boosted its stake in shares of Compass Diversified by 257.6% during the 1st quarter. ARS Investment Partners LLC now owns 53,256 shares of the financial services provider’s stock worth $419,000 after buying an additional 38,364 shares during the last quarter. Finally, Alpine Global Management LLC bought a new position in shares of Compass Diversified in the 4th quarter valued at about $177,000. 72.73% of the stock is currently owned by institutional investors and hedge funds.

About Compass Diversified

Compass Diversified Holdings (NYSE:CODI) is a publicly traded private equity company headquartered in Bethesda, Maryland. The firm specializes in acquiring and managing middle-market businesses across a variety of industries, with a focus on driving operational performance and sustainable growth. As an externally managed entity, Compass Diversified leverages a disciplined investment approach to build a portfolio of market-leading companies that benefit from strategic oversight, capital support and shared best practices.

Compass Diversified’s investment activities span five core sectors: branded consumer, consumer services, differentiated industrial products, value-added distribution and business services.