CarsonAllaria Wealth Management Ltd. Has $142,000 Holdings in Compass Minerals International, Inc. (NYSE:CMP)

CarsonAllaria Wealth Management Ltd. boosted its position in shares of Compass Minerals International, Inc. (NYSE:CMP) by 153.5% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,810 shares of the basic materials company’s stock after acquiring an additional 7,151 shares during the quarter. CarsonAllaria Wealth Management Ltd.’s holdings in Compass Minerals International were worth $142,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Denver PWM LLC acquired a new position in shares of Compass Minerals International in the second quarter valued at about $29,000. Ridgewood Investments LLC bought a new stake in shares of Compass Minerals International in the second quarter valued at approximately $37,000. Allspring Global Investments Holdings LLC acquired a new stake in Compass Minerals International during the second quarter worth approximately $45,000. Point72 Asia Singapore Pte. Ltd. acquired a new position in Compass Minerals International in the 2nd quarter valued at $46,000. Finally, Summit Securities Group LLC bought a new stake in shares of Compass Minerals International during the 2nd quarter valued at $94,000. Institutional investors and hedge funds own 99.78% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have recently commented on the stock. BMO Capital Markets reissued a “market perform” rating and issued a $20.00 target price on shares of Compass Minerals International in a report on Wednesday, September 18th. StockNews.com raised Compass Minerals International to a “sell” rating in a research note on Wednesday, September 18th. One analyst has rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $31.00.

Compass Minerals International Stock Down 3.2 %

CMP traded down $0.44 during midday trading on Monday, reaching $13.10. 80,972 shares of the company were exchanged, compared to its average volume of 823,940. The company has a debt-to-equity ratio of 2.25, a quick ratio of 1.15 and a current ratio of 2.98. The company’s fifty day moving average price is $10.52 and its 200 day moving average price is $11.73. Compass Minerals International, Inc. has a one year low of $7.51 and a one year high of $27.25. The company has a market cap of $541.48 million, a price-to-earnings ratio of -6.48 and a beta of 1.11.

Compass Minerals International (NYSE:CMP) last issued its quarterly earnings results on Tuesday, September 17th. The basic materials company reported ($1.01) EPS for the quarter, missing analysts’ consensus estimates of ($0.67) by ($0.34). Compass Minerals International had a negative net margin of 14.81% and a positive return on equity of 4.53%. The business had revenue of $202.90 million for the quarter, compared to analysts’ expectations of $201.86 million. As a group, analysts expect that Compass Minerals International, Inc. will post 0.31 EPS for the current year.

Compass Minerals International 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.