Stifel Financial Corp Has $2.53 Million Holdings in Compass Minerals International, Inc. (CMP)

Stifel Financial Corp raised its holdings in shares of Compass Minerals International, Inc. (NYSE:CMP) by 126.2% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 38,666 shares of the basic materials company’s stock after acquiring an additional 21,576 shares during the quarter. Stifel Financial Corp owned about 0.11% of Compass Minerals International worth $2,533,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also modified their holdings of the business. BlackRock Inc. raised its holdings in Compass Minerals International by 22.8% during the 2nd quarter. BlackRock Inc. now owns 3,532,489 shares of the basic materials company’s stock valued at $230,671,000 after acquiring an additional 656,762 shares during the period. Vanguard Group Inc. raised its holdings in Compass Minerals International by 1.4% during the 2nd quarter. Vanguard Group Inc. now owns 3,040,104 shares of the basic materials company’s stock valued at $198,519,000 after acquiring an additional 41,002 shares during the period. Morningstar Investment Services LLC raised its holdings in Compass Minerals International by 28.3% during the 2nd quarter. Morningstar Investment Services LLC now owns 1,065,984 shares of the basic materials company’s stock valued at $69,609,000 after acquiring an additional 235,138 shares during the period. Dimensional Fund Advisors LP raised its holdings in Compass Minerals International by 3.1% during the 1st quarter. Dimensional Fund Advisors LP now owns 849,679 shares of the basic materials company’s stock valued at $57,651,000 after acquiring an additional 25,692 shares during the period. Finally, Bank of New York Mellon Corp raised its holdings in Compass Minerals International by 4.1% during the 2nd quarter. Bank of New York Mellon Corp now owns 691,235 shares of the basic materials company’s stock valued at $45,138,000 after acquiring an additional 27,176 shares during the period.

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A number of equities research analysts have issued reports on CMP shares. Stifel Nicolaus reissued a “buy” rating and set a $84.00 target price on shares of Compass Minerals International in a report on Thursday, September 21st. Monness Crespi & Hardt raised shares of Compass Minerals International from a “neutral” rating to a “buy” rating and set a $76.00 target price on the stock in a report on Monday, October 2nd. BidaskClub raised shares of Compass Minerals International from a “sell” rating to a “hold” rating in a report on Wednesday, July 12th. Zacks Investment Research raised shares of Compass Minerals International from a “sell” rating to a “hold” rating in a report on Monday, August 14th. Finally, Credit Suisse Group set a $63.00 target price on shares of Compass Minerals International and gave the company a “hold” rating in a report on Wednesday, August 9th. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $73.60.

Compass Minerals International, Inc. (NYSE CMP) opened at 66.65 on Friday. The stock has a 50 day moving average of $66.92 and a 200 day moving average of $66.70. The company has a market cap of $2.25 billion, a PE ratio of 18.62 and a beta of 0.44. Compass Minerals International, Inc. has a 12-month low of $59.72 and a 12-month high of $84.40.

Compass Minerals International (NYSE:CMP) last announced its quarterly earnings data on Monday, August 7th. The basic materials company reported ($0.19) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.07) by ($0.12). The firm had revenue of $228.00 million for the quarter, compared to the consensus estimate of $261.13 million. Compass Minerals International had a net margin of 9.83% and a return on equity of 10.01%. The firm’s revenue for the quarter was up 34.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.18 earnings per share. Equities analysts expect that Compass Minerals International, Inc. will post $2.57 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 15th. Stockholders of record on Friday, September 1st were given a dividend of $0.72 per share. The ex-dividend date of this dividend was Wednesday, August 30th. This represents a $2.88 annualized dividend and a dividend yield of 4.32%. Compass Minerals International’s payout ratio is 80.45%.

Compass Minerals International Profile

Compass Minerals International, Inc (CMI) is a provider of essential minerals that solve nature’s challenges, including salt for winter roadway safety and other consumer, industrial and agricultural uses; specialty plant nutrition minerals for the quality and yield of crops, and specialty chemicals for water treatment and other industrial processes.

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

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