Cerity Partners LLC Invests $163,000 in CompoSecure, Inc. (NASDAQ:CMPO)

Cerity Partners LLC purchased a new stake in CompoSecure, Inc. (NASDAQ:CMPO) during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 14,975 shares of the company’s stock, valued at approximately $163,000.

Several other institutional investors and hedge funds have also modified their holdings of CMPO. Bank of New York Mellon Corp raised its stake in CompoSecure by 2.3% in the 1st quarter. Bank of New York Mellon Corp now owns 99,005 shares of the company’s stock worth $1,076,000 after purchasing an additional 2,185 shares in the last quarter. Huntleigh Advisors Inc. grew its position in shares of CompoSecure by 9.6% during the 1st quarter. Huntleigh Advisors Inc. now owns 48,674 shares of the company’s stock worth $529,000 after purchasing an additional 4,258 shares in the last quarter. OneDigital Investment Advisors LLC increased its holdings in shares of CompoSecure by 4.6% during the first quarter. OneDigital Investment Advisors LLC now owns 47,566 shares of the company’s stock worth $517,000 after purchasing an additional 2,109 shares during the period. Summit Trail Advisors LLC acquired a new stake in shares of CompoSecure in the first quarter valued at approximately $129,000. Finally, MorganRosel Wealth Management LLC bought a new stake in shares of CompoSecure in the first quarter valued at approximately $43,000. 37.56% of the stock is currently owned by institutional investors and hedge funds.

CompoSecure Stock Performance

Shares of NASDAQ CMPO opened at $13.80 on Wednesday. CompoSecure, Inc. has a 52-week low of $7.32 and a 52-week high of $17.71. The company’s 50 day moving average price is $14.09 and its 200-day moving average price is $13.19. The company has a market capitalization of $1.41 billion, a P/E ratio of -12.55 and a beta of 0.94.

CompoSecure (NASDAQ:CMPO) last announced its quarterly earnings data on Monday, May 12th. The company reported $0.25 EPS for the quarter, topping the consensus estimate of $0.19 by $0.06. The company had revenue of $103.90 million during the quarter, compared to the consensus estimate of $103.22 million. CompoSecure had a negative net margin of 15.36% and a negative return on equity of 33.46%. Analysts forecast that CompoSecure, Inc. will post 1.02 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on the company. Wall Street Zen lowered CompoSecure from a “buy” rating to a “hold” rating in a report on Thursday, May 22nd. Needham & Company LLC reiterated a “buy” rating and set a $15.00 price objective on shares of CompoSecure in a research note on Tuesday, May 13th. Two investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $16.19.

CompoSecure Company Profile

CompoSecure, Inc manufactures and designs metal, composite, and proprietary financial transaction cards in the United States and internationally. Its primary metal form factors include embedded, metal veneer lite, metal veneer, and full metal products. The company also offers Arculus Cold Storage Wallet, a three-factor authentication solution, which supports specific digital assets, including Bitcoin, Ethereum, non-fungible tokens and others.