Bank of Montreal Can Has $4.82 Million Holdings in Compass Minerals International, Inc. (NYSE:CMP)

Bank of Montreal Can trimmed its holdings in shares of Compass Minerals International, Inc. (NYSE:CMP) by 18.5% during the fourth quarter, Holdings Channel.com reports. The fund owned 428,127 shares of the basic materials company’s stock after selling 96,970 shares during the quarter. Bank of Montreal Can’s holdings in Compass Minerals International were worth $4,816,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Tsfg LLC bought a new position in shares of Compass Minerals International during the fourth quarter worth approximately $28,000. Denver PWM LLC raised its holdings in Compass Minerals International by 33.8% in the 3rd quarter. Denver PWM LLC now owns 3,745 shares of the basic materials company’s stock valued at $45,000 after acquiring an additional 946 shares in the last quarter. KLP Kapitalforvaltning AS bought a new stake in shares of Compass Minerals International during the 4th quarter valued at $80,000. New York State Common Retirement Fund grew its holdings in shares of Compass Minerals International by 35.9% during the 4th quarter. New York State Common Retirement Fund now owns 7,189 shares of the basic materials company’s stock worth $81,000 after purchasing an additional 1,900 shares in the last quarter. Finally, Intech Investment Management LLC acquired a new stake in shares of Compass Minerals International during the 4th quarter worth $187,000. Institutional investors and hedge funds own 99.78% of the company’s stock.

Compass Minerals International Price Performance

CMP stock opened at $11.06 on Tuesday. The stock has a market cap of $459.03 million, a price-to-earnings ratio of -2.80 and a beta of 1.17. The company has a debt-to-equity ratio of 3.67, a current ratio of 2.37 and a quick ratio of 1.12. The company has a 50 day simple moving average of $10.52 and a 200 day simple moving average of $12.06. Compass Minerals International, Inc. has a 1 year low of $7.51 and a 1 year high of $15.82.

Compass Minerals International (NYSE:CMP) last released its quarterly earnings data on Monday, February 10th. The basic materials company reported ($0.55) earnings per share for the quarter, missing the consensus estimate of ($0.05) by ($0.50). Compass Minerals International had a negative net margin of 15.10% and a negative return on equity of 10.00%. Research analysts anticipate that Compass Minerals International, Inc. will post -0.53 EPS for the current fiscal year.

Analyst Ratings Changes

A number of brokerages have issued reports on CMP. JPMorgan Chase & Co. upgraded shares of Compass Minerals International from a “neutral” rating to an “overweight” rating and increased their price objective for the stock from $13.00 to $15.00 in a research note on Wednesday, February 12th. BMO Capital Markets cut their price target on shares of Compass Minerals International from $18.00 to $17.00 and set a “market perform” rating for the company in a report on Wednesday, February 12th. Finally, StockNews.com raised shares of Compass Minerals International from a “sell” rating to a “hold” rating in a research note on Wednesday, February 12th.

Compass Minerals International Profile

Compass Minerals International, Inc, provides essential minerals 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.