Raymond James & Associates reduced its position in Compass Minerals International, Inc. (NYSE:CMP) by 14.9% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 360,787 shares of the basic materials company’s stock after selling 63,190 shares during the quarter. Raymond James & Associates owned approximately 1.07% of Compass Minerals International worth $26,067,000 as of its most recent filing with the SEC.
Several other large investors have also recently bought and sold shares of CMP. OppenheimerFunds Inc. boosted its stake in shares of Compass Minerals International by 28.6% in the 4th quarter. OppenheimerFunds Inc. now owns 1,912,663 shares of the basic materials company’s stock valued at $138,190,000 after purchasing an additional 425,753 shares during the last quarter. Janus Henderson Group PLC boosted its stake in shares of Compass Minerals International by 32.2% in the 3rd quarter. Janus Henderson Group PLC now owns 1,486,825 shares of the basic materials company’s stock valued at $96,495,000 after purchasing an additional 361,985 shares during the last quarter. Deprince Race & Zollo Inc. boosted its stake in shares of Compass Minerals International by 15.0% in the 4th quarter. Deprince Race & Zollo Inc. now owns 796,741 shares of the basic materials company’s stock valued at $57,565,000 after purchasing an additional 103,909 shares during the last quarter. Cooper Creek Partners Management LLC bought a new stake in shares of Compass Minerals International in the 4th quarter valued at $6,814,000. Finally, Advisors Asset Management Inc. boosted its stake in shares of Compass Minerals International by 81.6% in the 3rd quarter. Advisors Asset Management Inc. now owns 148,829 shares of the basic materials company’s stock valued at $9,659,000 after purchasing an additional 66,892 shares during the last quarter.
In related news, insider Francis Joseph Malecha sold 1,572 shares of the stock in a transaction on Monday, March 12th. The shares were sold at an average price of $63.21, for a total transaction of $99,366.12. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Over the last three months, insiders have sold 2,229 shares of company stock worth $140,895. 0.78% of the stock is owned by insiders.
Compass Minerals International, Inc. (CMP) opened at $62.05 on Friday. The stock has a market cap of $2,106.03, a price-to-earnings ratio of 49.64 and a beta of 0.69. Compass Minerals International, Inc. has a 12 month low of $56.50 and a 12 month high of $76.65. The company has a debt-to-equity ratio of 1.92, a quick ratio of 1.67 and a current ratio of 2.75.
Compass Minerals International (NYSE:CMP) last issued its earnings results on Tuesday, February 13th. The basic materials company reported $1.66 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.37 by $0.29. The business had revenue of $457.90 million for the quarter, compared to analyst estimates of $468.52 million. Compass Minerals International had a net margin of 3.13% and a return on equity of 13.02%. analysts predict that Compass Minerals International, Inc. will post 2.91 EPS for the current year.
The business also recently announced a quarterly dividend, which was paid on Thursday, March 15th. Investors of record on Thursday, March 1st were paid a dividend of $0.72 per share. This represents a $2.88 annualized dividend and a yield of 4.64%. The ex-dividend date was Wednesday, February 28th. Compass Minerals International’s dividend payout ratio is presently 230.40%.
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Compass Minerals International Company Profile
Compass Minerals International, Inc (CMI) is a provider of essential minerals that solve nature’s challenges, including salt for winter roadway safety and other consumer, industrial and agricultural uses; specialty plant nutrition minerals for the quality and yield of crops, and specialty chemicals for water treatment and other industrial processes.
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