Compass Diversified (NYSE:CODI) Now Covered by StockNews.com

Stock analysts at StockNews.com started coverage on shares of Compass Diversified (NYSE:CODI – Get Rating) in a report released on Thursday. The brokerage set a “hold” rating on the financial services provider’s stock.

Separately, Jefferies Financial Group assumed coverage on shares of Compass Diversified in a report on Friday, December 23rd. They set a “buy” rating on the stock.

Compass Diversified Stock Down 2.2 %

CODI stock opened at $18.14 on Thursday. Compass Diversified has a 12-month low of $16.32 and a 12-month high of $25.94. The company has a quick ratio of 1.33, a current ratio of 3.36 and a debt-to-equity ratio of 1.72. The company has a market cap of $1.31 billion, a price-to-earnings ratio of -75.58 and a beta of 1.77. The company has a 50 day moving average of $21.02 and a two-hundred day moving average of $19.75.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Capital Advisors Ltd. LLC bought a new position in Compass Diversified in the 4th quarter worth $25,000. Money Concepts Capital Corp raised its holdings in Compass Diversified by 352.9% in the 4th quarter. Money Concepts Capital Corp now owns 1,508 shares of the financial services provider’s stock worth $27,000 after acquiring an additional 1,175 shares during the period. Ensign Peak Advisors Inc bought a new position in Compass Diversified in the 3rd quarter worth $29,000. Ronald Blue Trust Inc. bought a new position in Compass Diversified in the 2nd quarter worth $45,000. Finally, Quantbot Technologies LP bought a new position in Compass Diversified in the 2nd quarter worth $55,000. Institutional investors own 48.47% of the company’s stock.

Compass Diversified Company Profile

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Compass Diversified Holdings is a public company that owns and manages a diverse of middle-market businesses. The company offers its shareholders an opportunity to own profitable middle-market businesses that hold highly defensible positions in their individual market niches. Their model for creating shareholder value involves discipline in identifying and valuing businesses and proactive engagement with the management teams of the companies they acquire.