Triune Financial Partners LLC Buys Shares of 10,221 Compass Minerals International, Inc. (NYSE:CMP)

Triune Financial Partners LLC bought a new stake in shares of Compass Minerals International, Inc. (NYSE:CMP) during the third quarter, HoldingsChannel reports. The fund bought 10,221 shares of the basic materials company’s stock, valued at approximately $123,000.

Several other hedge funds also recently bought and sold shares of CMP. CarsonAllaria Wealth Management Ltd. increased its stake in shares of Compass Minerals International by 26.2% during the 2nd quarter. CarsonAllaria Wealth Management Ltd. now owns 4,659 shares of the basic materials company’s stock valued at $48,000 after acquiring an additional 966 shares during the last quarter. Price T Rowe Associates Inc. MD grew its stake in shares of Compass Minerals International by 4.3% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 32,722 shares of the basic materials company’s stock valued at $516,000 after buying an additional 1,358 shares during the period. Inspire Investing LLC raised its holdings in shares of Compass Minerals International by 3.9% in the 3rd quarter. Inspire Investing LLC now owns 38,326 shares of the basic materials company’s stock worth $461,000 after purchasing an additional 1,437 shares during the period. Signaturefd LLC boosted its position in shares of Compass Minerals International by 629.4% in the third quarter. Signaturefd LLC now owns 2,407 shares of the basic materials company’s stock worth $29,000 after buying an additional 2,077 shares during the period. Finally, Thompson Siegel & Walmsley LLC grew its stake in shares of Compass Minerals International by 0.3% in the second quarter. Thompson Siegel & Walmsley LLC now owns 860,796 shares of the basic materials company’s stock valued at $8,892,000 after buying an additional 2,167 shares in the last quarter. Hedge funds and other institutional investors own 99.78% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on CMP shares. StockNews.com raised shares of Compass Minerals International to a “sell” rating in a research note on Wednesday, September 18th. BMO Capital Markets restated a “market perform” rating and set a $20.00 price objective on shares of Compass Minerals International in a research note on Wednesday, September 18th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat, Compass Minerals International currently has a consensus rating of “Hold” and a consensus target price of $31.00.

Compass Minerals International Stock Down 3.5 %

NYSE:CMP traded down $0.46 during mid-day trading on Friday, reaching $12.74. The stock had a trading volume of 48,990 shares, compared to its average volume of 801,243. The company has a debt-to-equity ratio of 2.47, a current ratio of 2.90 and a quick ratio of 0.74. The company has a market capitalization of $528.07 million, a price-to-earnings ratio of -3.22 and a beta of 1.10. Compass Minerals International, Inc. has a 1-year low of $7.51 and a 1-year high of $27.25. The stock’s 50 day simple moving average is $11.52 and its two-hundred day simple moving average is $11.67.

Compass Minerals International (NYSE:CMP) last posted its earnings results on Tuesday, September 17th. The basic materials company reported ($1.01) EPS for the quarter, missing the consensus estimate of ($0.67) by ($0.34). Compass Minerals International had a negative net margin of 14.81% and a positive return on equity of 4.79%. The business had revenue of $202.90 million during the quarter, compared to analyst estimates of $201.86 million. Equities analysts anticipate that Compass Minerals International, Inc. will post 0.02 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.