LMR Partners LLP Purchases 73,064 Shares of Compass Minerals International, Inc. (NYSE:CMP)

LMR Partners LLP boosted its stake in shares of Compass Minerals International, Inc. (NYSE:CMP) by 433.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 89,936 shares of the basic materials company’s stock after acquiring an additional 73,064 shares during the quarter. LMR Partners LLP owned about 0.22% of Compass Minerals International worth $1,012,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the stock. Barclays PLC grew its stake in shares of Compass Minerals International by 76.7% during the third quarter. Barclays PLC now owns 92,803 shares of the basic materials company’s stock valued at $1,116,000 after buying an additional 40,288 shares during the last quarter. Tsfg LLC bought a new position in shares of Compass Minerals International during the fourth quarter valued at approximately $28,000. Ballentine Partners LLC grew its stake in shares of Compass Minerals International by 3.6% during the fourth quarter. Ballentine Partners LLC now owns 21,559 shares of the basic materials company’s stock valued at $243,000 after buying an additional 748 shares during the last quarter. Inspire Investing LLC grew its stake in shares of Compass Minerals International by 5.7% during the fourth quarter. Inspire Investing LLC now owns 40,527 shares of the basic materials company’s stock valued at $456,000 after buying an additional 2,201 shares during the last quarter. Finally, Lightrock Netherlands B.V. bought a new position in shares of Compass Minerals International during the fourth quarter valued at approximately $6,394,000. 99.78% of the stock is owned by institutional investors.

Compass Minerals International Trading Up 1.4%

Shares of Compass Minerals International stock opened at $19.73 on Wednesday. The firm has a market capitalization of $818.87 million, a PE ratio of -4.99 and a beta of 0.95. Compass Minerals International, Inc. has a twelve month low of $7.51 and a twelve month high of $20.27. The firm’s 50-day moving average price is $11.58 and its 200 day moving average price is $12.21. The company has a current ratio of 2.37, a quick ratio of 1.12 and a debt-to-equity ratio of 3.67.

Compass Minerals International (NYSE:CMP) last announced its quarterly earnings results on Wednesday, May 7th. The basic materials company reported $0.63 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.39 by $0.24. The business had revenue of $494.60 million during the quarter, compared to the consensus estimate of $413.96 million. Compass Minerals International had a negative net margin of 15.10% and a negative return on equity of 10.00%. The business’s quarterly revenue was up 35.9% compared to the same quarter last year. On average, sell-side analysts predict that Compass Minerals International, Inc. will post -0.53 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on CMP shares. StockNews.com upgraded Compass Minerals International from a “sell” rating to a “hold” rating in a report on Wednesday, February 12th. BMO Capital Markets upped their target price on Compass Minerals International from $15.00 to $20.00 and gave the stock a “market perform” rating in a report on Monday. Finally, JPMorgan Chase & Co. upgraded Compass Minerals International from a “neutral” rating to an “overweight” rating and upped their target price for the stock from $13.00 to $15.00 in a report on Wednesday, February 12th.

Compass Minerals International Company 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.