Compass Minerals International, Inc. (NYSE:CMP) Insider James D. Standen Sells 7,644 Shares

Compass Minerals International, Inc. (NYSE:CMP – Get Rating) insider James D. Standen sold 7,644 shares of Compass Minerals International stock in a transaction that occurred on Wednesday, January 18th. The shares were sold at an average price of $46.16, for a total transaction of $352,847.04. Following the completion of the transaction, the insider now owns 26,497 shares of the company’s stock, valued at $1,223,101.52. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

Compass Minerals International Stock Down 2.1 %

CMP opened at $44.73 on Friday. The company has a fifty day moving average price of $43.15 and a 200-day moving average price of $40.26. The firm has a market capitalization of $1.83 billion, a P/E ratio of -62.12 and a beta of 1.31. The company has a debt-to-equity ratio of 3.70, a current ratio of 2.41 and a quick ratio of 1.11. Compass Minerals International, Inc. has a one year low of $30.67 and a one year high of $67.67.

Compass Minerals International (NYSE:CMP – Get Rating) last released its quarterly earnings results on Tuesday, November 29th. The basic materials company reported $0.01 EPS for the quarter, beating analysts’ consensus estimates of ($0.17) by $0.18. The firm had revenue of $249.40 million during the quarter, compared to analyst estimates of $227.02 million. Compass Minerals International had a negative net margin of 1.97% and a positive return on equity of 7.00%. Equities research analysts expect that Compass Minerals International, Inc. will post 1.07 earnings per share for the current fiscal year.

Compass Minerals International Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 20th. Investors of record on Friday, December 9th were given a $0.15 dividend. The ex-dividend date was Thursday, December 8th. This represents a $0.60 annualized dividend and a yield of 1.34%. Compass Minerals International’s dividend payout ratio (DPR) is presently -83.33%.

Analysts Set New Price Targets

Separately, StockNews.com assumed coverage on shares of Compass Minerals International in a research note on Wednesday, October 12th. They issued a “hold” rating for the company.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Moody National Bank Trust Division purchased a new position in Compass Minerals International in the third quarter worth $921,000. State of New Jersey Common Pension Fund D grew its position in Compass Minerals International by 13.7% in the second quarter. State of New Jersey Common Pension Fund D now owns 52,416 shares of the basic materials company’s stock worth $1,855,000 after acquiring an additional 6,299 shares in the last quarter. Avantax Advisory Services Inc. grew its position in Compass Minerals International by 21.5% in the second quarter. Avantax Advisory Services Inc. now owns 7,871 shares of the basic materials company’s stock worth $279,000 after acquiring an additional 1,394 shares in the last quarter. Roberts Glore & Co. Inc. IL grew its position in Compass Minerals International by 10.9% in the second quarter. Roberts Glore & Co. Inc. IL now owns 5,845 shares of the basic materials company’s stock worth $207,000 after acquiring an additional 575 shares in the last quarter. Finally, Insight Folios Inc lifted its stake in Compass Minerals International by 6.7% in the third quarter. Insight Folios Inc now owns 9,243 shares of the basic materials company’s stock worth $356,000 after purchasing an additional 580 shares during the last quarter. 91.94% of the stock is currently owned by hedge funds and other institutional investors.

Compass Minerals International Company Profile

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Compass Minerals International, Inc, produces and sells essential minerals primarily 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.