EverSource Wealth Advisors LLC Takes Position in Compass Minerals International, Inc. (NYSE:CMP)

EverSource Wealth Advisors LLC purchased a new stake in shares of Compass Minerals International, Inc. (NYSE:CMPGet Rating) during the first quarter, Holdings Channel reports. The institutional investor purchased 592 shares of the basic materials company’s stock, valued at approximately $37,000.

A number of other institutional investors and hedge funds have also modified their holdings of CMP. Tcwp LLC purchased a new position in shares of Compass Minerals International during the first quarter valued at $27,000. Meeder Asset Management Inc. acquired a new stake in Compass Minerals International during the first quarter valued at $28,000. Pittenger & Anderson Inc. acquired a new stake in Compass Minerals International during the first quarter valued at $38,000. Ellevest Inc. boosted its position in Compass Minerals International by 1,673.7% during the first quarter. Ellevest Inc. now owns 674 shares of the basic materials company’s stock valued at $42,000 after purchasing an additional 636 shares during the last quarter. Finally, Investors Research Corp boosted its position in Compass Minerals International by 57.7% during the first quarter. Investors Research Corp now owns 1,914 shares of the basic materials company’s stock valued at $120,000 after purchasing an additional 700 shares during the last quarter. Hedge funds and other institutional investors own 94.22% of the company’s stock.

Compass Minerals International Price Performance

Shares of NYSE:CMP opened at $38.44 on Monday. Compass Minerals International, Inc. has a fifty-two week low of $30.67 and a fifty-two week high of $75.44. The business has a 50-day moving average of $38.59 and a two-hundred day moving average of $46.71. The stock has a market capitalization of $1.31 billion, a P/E ratio of -17.71 and a beta of 1.40. The company has a debt-to-equity ratio of 2.94, a current ratio of 2.53 and a quick ratio of 1.11.

Compass Minerals International Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 20th. Investors of record on Friday, September 9th will be given a dividend of $0.15 per share. The ex-dividend date of this dividend is Thursday, September 8th. This represents a $0.60 annualized dividend and a dividend yield of 1.56%. Compass Minerals International’s dividend payout ratio is presently -27.65%.

Analyst Ratings Changes

A number of analysts recently issued reports on the company. StockNews.com raised Compass Minerals International from a “sell” rating to a “hold” rating in a research report on Thursday, August 11th. Deutsche Bank Aktiengesellschaft reduced their price objective on Compass Minerals International from $73.00 to $55.00 in a research report on Monday, May 23rd. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the company’s stock. Based on data from MarketBeat, Compass Minerals International currently has a consensus rating of “Hold” and an average price target of $58.83.

Compass Minerals International Company Profile

(Get Rating)

Compass Minerals International, Inc, produces and sells essential minerals primarily in the United States, Canada, Brazil, the United Kingdom, and internationally. It operates through three segments: Salt, Plant Nutrition North America, and Plant Nutrition South America. The Salt segment offers 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 salt to produce specialty products.

See Also

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Institutional Ownership by Quarter for Compass Minerals International (NYSE:CMP)

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