Squarepoint Ops LLC Sells 37,892 Shares of Compass Minerals International, Inc. $CMP

by · The Markets Daily

Squarepoint Ops LLC decreased its stake in shares of Compass Minerals International, Inc. (NYSE:CMP – Free Report) by 21.1% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 141,466 shares of the basic materials company’s stock after selling 37,892 shares during the period. Squarepoint Ops LLC owned 0.34% of Compass Minerals International worth $2,842,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of CMP. CWM LLC lifted its position in Compass Minerals International by 95.0% during the second quarter. CWM LLC now owns 1,363 shares of the basic materials company’s stock worth $27,000 after acquiring an additional 664 shares during the last quarter. Police & Firemen s Retirement System of New Jersey increased its stake in shares of Compass Minerals International by 11.2% during the second quarter. Police & Firemen s Retirement System of New Jersey now owns 7,863 shares of the basic materials company’s stock worth $158,000 after purchasing an additional 791 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in Compass Minerals International by 4.3% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 20,665 shares of the basic materials company’s stock worth $192,000 after purchasing an additional 858 shares during the last quarter. Public Employees Retirement System of Ohio boosted its stake in Compass Minerals International by 37.6% in the 2nd quarter. Public Employees Retirement System of Ohio now owns 3,967 shares of the basic materials company’s stock valued at $80,000 after purchasing an additional 1,084 shares during the period. Finally, Patriot Financial Group Insurance Agency LLC grew its holdings in Compass Minerals International by 9.3% in the 2nd quarter. Patriot Financial Group Insurance Agency LLC now owns 12,959 shares of the basic materials company’s stock valued at $260,000 after buying an additional 1,098 shares in the last quarter. Institutional investors and hedge funds own 99.78% of the company’s stock.

Compass Minerals International Price Performance

CMP stock opened at $18.96 on Thursday. The company’s 50-day moving average price is $18.19 and its two-hundred day moving average price is $19.24. The firm has a market cap of $792.74 million, a P/E ratio of -9.87 and a beta of 1.16. The company has a quick ratio of 0.98, a current ratio of 2.15 and a debt-to-equity ratio of 3.55. Compass Minerals International, Inc. has a 12 month low of $8.60 and a 12 month high of $22.69.

Compass Minerals International (NYSE:CMP – Get Free Report) last posted its quarterly earnings results on Monday, December 8th. The basic materials company reported ($0.17) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.15) by ($0.02). The firm had revenue of $227.50 million for the quarter, compared to analyst estimates of $223.72 million. Compass Minerals International had a negative return on equity of 8.22% and a negative net margin of 6.42%.The business’s revenue was up 9.0% on a year-over-year basis. During the same quarter in the prior year, the business posted ($0.77) EPS. On average, analysts anticipate that Compass Minerals International, Inc. will post -0.53 earnings per share for the current fiscal year.

Analyst Ratings Changes

CMP has been the subject of a number of research reports. Loop Capital set a $22.00 target price on Compass Minerals International in a report on Monday. Weiss Ratings reiterated a “sell (d-)” rating on shares of Compass Minerals International in a research note on Wednesday, October 8th. Zacks Research upgraded shares of Compass Minerals International from a “strong sell” rating to a “hold” rating in a research report on Tuesday, November 11th. Compass Point set a $22.00 target price on shares of Compass Minerals International in a report on Tuesday. Finally, Wall Street Zen upgraded shares of Compass Minerals International from a “hold” rating to a “buy” rating in a research report on Saturday, December 13th. One investment analyst has rated the stock with a Buy rating, two have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, Compass Minerals International currently has an average rating of “Reduce” and an average price target of $20.60.

Check Out Our Latest Stock Analysis on Compass Minerals International

About Compass Minerals International

(Free Report)

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.

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