Compass Minerals International (NYSE:CMP) Earns Hold Rating from Analysts at StockNews.com

Analysts at StockNews.com assumed coverage on shares of Compass Minerals International (NYSE:CMP – Get Rating) in a research report issued to clients and investors on Thursday. The brokerage set a “hold” rating on the basic materials company’s stock.

Separately, Deutsche Bank Aktiengesellschaft dropped their target price on Compass Minerals International from $55.00 to $50.00 and set a “buy” rating for the company in a report on Thursday, February 9th.

Compass Minerals International Trading Down 2.9 %

Shares of CMP opened at $33.27 on Thursday. Compass Minerals International has a 1 year low of $30.67 and a 1 year high of $67.67. The company has a current ratio of 3.13, a quick ratio of 1.75 and a debt-to-equity ratio of 1.63. The stock has a 50 day simple moving average of $41.93 and a 200-day simple moving average of $41.23. The stock has a market cap of $1.37 billion, a PE ratio of -41.59 and a beta of 1.35.

Insider Activity at Compass Minerals International

In related news, insider James D. Standen sold 7,644 shares of the firm’s stock in a transaction on Wednesday, January 18th. The stock was sold at an average price of $46.16, for a total transaction of $352,847.04. Following the completion of the sale, the insider now directly owns 26,497 shares of the company’s stock, valued at approximately $1,223,101.52. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 1.51% of the company’s stock.

Institutional Investors Weigh In On Compass Minerals International

A number of hedge funds and other institutional investors have recently bought and sold shares of CMP. Heritage Wealth Management LLC acquired a new stake in shares of Compass Minerals International in the 4th quarter valued at $25,000. GPS Wealth Strategies Group LLC increased its stake in shares of Compass Minerals International by 79.8% in the 3rd quarter. GPS Wealth Strategies Group LLC now owns 676 shares of the basic materials company’s stock valued at $26,000 after buying an additional 300 shares during the period. Repertoire Partners LP acquired a new stake in shares of Compass Minerals International in the 2nd quarter valued at $35,000. Point72 Hong Kong Ltd increased its stake in shares of Compass Minerals International by 438.8% in the 3rd quarter. Point72 Hong Kong Ltd now owns 1,417 shares of the basic materials company’s stock valued at $55,000 after buying an additional 1,154 shares during the period. Finally, Almanack Investment Partners LLC. acquired a new stake in shares of Compass Minerals International in the 3rd quarter valued at $66,000. 91.94% of the stock is owned by institutional investors and hedge funds.

Compass Minerals International Company Profile

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Compass Minerals International, Inc engages in the production of salt, sulfate of potassium, and magnesium chloride, and in the provision of records storage. It operates through the Salt and Plant Nutrition segments. The Salt segment provides highway de-icing salt. The Plant Nutrition segment produces and markets SOP products in various grades worldwide to distributors and retailers of crop inputs.