Koss Olinger Consulting LLC Takes $263,000 Position in Compass Minerals International, Inc. (NYSE:CMP)

Koss Olinger Consulting LLC bought a new position in Compass Minerals International, Inc. (NYSE:CMP) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 23,374 shares of the basic materials company’s stock, valued at approximately $263,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Tsfg LLC acquired a new stake in shares of Compass Minerals International in the 4th quarter worth about $28,000. Denver PWM LLC raised its holdings in shares of Compass Minerals International by 33.8% in the 3rd quarter. Denver PWM LLC now owns 3,745 shares of the basic materials company’s stock worth $45,000 after acquiring an additional 946 shares during the last quarter. New York State Common Retirement Fund raised its holdings in shares of Compass Minerals International by 35.9% in the 4th quarter. New York State Common Retirement Fund now owns 7,189 shares of the basic materials company’s stock worth $81,000 after acquiring an additional 1,900 shares during the last quarter. Dynamic Technology Lab Private Ltd acquired a new stake in shares of Compass Minerals International in the 3rd quarter worth about $137,000. Finally, Intech Investment Management LLC acquired a new stake in shares of Compass Minerals International in the 4th quarter worth about $187,000. Institutional investors and hedge funds own 99.78% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on CMP shares. StockNews.com upgraded shares of Compass Minerals International from a “sell” rating to a “hold” rating in a report on Wednesday, February 12th. BMO Capital Markets reduced their price objective on shares of Compass Minerals International from $18.00 to $17.00 and set a “market perform” rating for the company in a research report on Wednesday, February 12th. Finally, JPMorgan Chase & Co. raised shares of Compass Minerals International from a “neutral” rating to an “overweight” rating and upped their price objective for the stock from $13.00 to $15.00 in a research report on Wednesday, February 12th.

Compass Minerals International Trading Down 2.4 %

Shares of CMP stock opened at $10.96 on Thursday. Compass Minerals International, Inc. has a 52-week low of $7.51 and a 52-week high of $18.06. The company has a debt-to-equity ratio of 3.67, a quick ratio of 1.12 and a current ratio of 2.37. The company has a 50-day simple moving average of $11.76 and a two-hundred day simple moving average of $12.07. The company has a market capitalization of $454.68 million, a price-to-earnings ratio of -2.77 and a beta of 1.27.

Compass Minerals International (NYSE:CMP) last released its earnings results on Monday, February 10th. The basic materials company reported ($0.55) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.50). Compass Minerals International had a negative net margin of 15.10% and a negative return on equity of 10.00%. Research analysts anticipate that Compass Minerals International, Inc. will post -0.53 EPS for the current fiscal 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.