Compass Minerals International, Inc. (CMP) Stake Lowered by Shapiro Capital Management LLC

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Shapiro Capital Management LLC reduced its holdings in Compass Minerals International, Inc. (NYSE:CMP) by 3.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,729,879 shares of the basic materials company’s stock after selling 54,369 shares during the quarter. Compass Minerals International comprises 2.0% of Shapiro Capital Management LLC’s investment portfolio, making the stock its 25th biggest holding. Shapiro Capital Management LLC owned 5.11% of Compass Minerals International worth $72,119,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the company. BlackRock Inc. lifted its holdings in shares of Compass Minerals International by 0.9% in the 4th quarter. BlackRock Inc. now owns 3,922,568 shares of the basic materials company’s stock valued at $163,532,000 after buying an additional 33,948 shares during the period. Vanguard Group Inc lifted its holdings in shares of Compass Minerals International by 0.8% in the 3rd quarter. Vanguard Group Inc now owns 3,310,893 shares of the basic materials company’s stock valued at $222,492,000 after buying an additional 24,801 shares during the period. Vanguard Group Inc. lifted its holdings in shares of Compass Minerals International by 0.8% in the 3rd quarter. Vanguard Group Inc. now owns 3,310,893 shares of the basic materials company’s stock valued at $222,492,000 after buying an additional 24,801 shares during the period. Deprince Race & Zollo Inc. lifted its holdings in shares of Compass Minerals International by 23.6% in the 4th quarter. Deprince Race & Zollo Inc. now owns 1,230,684 shares of the basic materials company’s stock valued at $51,307,000 after buying an additional 234,982 shares during the period. Finally, Bank of New York Mellon Corp lifted its holdings in shares of Compass Minerals International by 22.6% in the 4th quarter. Bank of New York Mellon Corp now owns 1,123,458 shares of the basic materials company’s stock valued at $46,838,000 after buying an additional 207,072 shares during the period. 94.82% of the stock is owned by institutional investors and hedge funds.

Several analysts have recently commented on the company. Zacks Investment Research raised Compass Minerals International from a “sell” rating to a “buy” rating and set a $50.00 price target for the company in a report on Tuesday, January 15th. ValuEngine raised Compass Minerals International from a “sell” rating to a “hold” rating in a report on Friday, February 15th. Finally, Credit Suisse Group raised Compass Minerals International from an “underperform” rating to a “neutral” rating and set a $49.00 price target for the company in a report on Tuesday, November 27th. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the stock. The company has an average rating of “Hold” and an average price target of $59.01.

Shares of CMP stock opened at $53.52 on Friday. The firm has a market cap of $1.81 billion, a P/E ratio of 27.73 and a beta of 1.34. Compass Minerals International, Inc. has a 1 year low of $38.19 and a 1 year high of $71.25. The company has a quick ratio of 1.60, a current ratio of 2.55 and a debt-to-equity ratio of 2.45.

Compass Minerals International (NYSE:CMP) last issued its quarterly earnings data on Monday, February 11th. The basic materials company reported $1.41 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.79 by ($0.38). The firm had revenue of $486.50 million for the quarter, compared to analyst estimates of $501.10 million. Compass Minerals International had a return on equity of 11.49% and a net margin of 4.61%. As a group, research analysts predict that Compass Minerals International, Inc. will post 2.47 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 15th. Investors of record on Friday, March 1st were issued a dividend of $0.72 per share. The ex-dividend date was Thursday, February 28th. This represents a $2.88 annualized dividend and a yield of 5.38%. Compass Minerals International’s dividend payout ratio is presently 149.22%.

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Compass Minerals International Profile

Compass Minerals International, Inc, produces and sells salt, and specialty plant nutrition and chemical products primarily in the United States, Canada, Brazil, and the United Kingdom. It operates in three segments: Salt, Plant Nutrition North America, and Plant Nutrition South America. The Salt segment offers 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 salt to produce specialty products.

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Institutional Ownership by Quarter for Compass Minerals International (NYSE:CMP)

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