Jane Street Group LLC Purchases New Holdings in Compass Minerals International, Inc. (CMP)

Jane Street Group LLC purchased a new stake in Compass Minerals International, Inc. (NYSE:CMP) in the 4th quarter, Holdings Channel reports. The firm purchased 11,538 shares of the basic materials company’s stock, valued at approximately $834,000.

Several other large investors have also bought and sold shares of CMP. New York State Common Retirement Fund raised its holdings in shares of Compass Minerals International by 89.8% in the 3rd quarter. New York State Common Retirement Fund now owns 68,900 shares of the basic materials company’s stock valued at $4,472,000 after purchasing an additional 32,600 shares in the last quarter. Rhumbline Advisers raised its holdings in shares of Compass Minerals International by 7.6% in the 3rd quarter. Rhumbline Advisers now owns 73,208 shares of the basic materials company’s stock valued at $4,751,000 after purchasing an additional 5,163 shares in the last quarter. American International Group Inc. raised its holdings in shares of Compass Minerals International by 2.8% in the 3rd quarter. American International Group Inc. now owns 91,929 shares of the basic materials company’s stock valued at $5,966,000 after purchasing an additional 2,466 shares in the last quarter. TD Asset Management Inc. raised its holdings in shares of Compass Minerals International by 55.8% in the 3rd quarter. TD Asset Management Inc. now owns 11,172 shares of the basic materials company’s stock valued at $725,000 after purchasing an additional 4,000 shares in the last quarter. Finally, Legal & General Group Plc raised its holdings in shares of Compass Minerals International by 11.8% in the 3rd quarter. Legal & General Group Plc now owns 41,348 shares of the basic materials company’s stock valued at $2,681,000 after purchasing an additional 4,368 shares in the last quarter.

How to Become a New Pot Stock Millionaire

CMP has been the subject of several recent research reports. Zacks Investment Research lowered shares of Compass Minerals International from a “hold” rating to a “sell” rating in a report on Monday, January 29th. TheStreet lowered shares of Compass Minerals International from a “b” rating to a “c+” rating in a report on Tuesday, February 13th. Credit Suisse Group lowered shares of Compass Minerals International from a “neutral” rating to an “underperform” rating and boosted their price target for the company from $59.72 to $60.00 in a report on Wednesday, February 14th. ValuEngine lowered shares of Compass Minerals International from a “hold” rating to a “sell” rating in a report on Thursday, March 1st. Finally, Stifel Nicolaus reduced their price target on shares of Compass Minerals International from $85.00 to $79.00 and set a “buy” rating for the company in a report on Friday, February 16th. Four analysts have rated the stock with a sell rating, one has assigned a hold rating and three have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $71.00.

In other news, insider Francis Joseph Malecha sold 1,572 shares of Compass Minerals International stock in a transaction that occurred on Monday, March 12th. The shares were sold at an average price of $63.21, for a total value of $99,366.12. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, SVP Steven N. Berger acquired 750 shares of the business’s stock in a transaction dated Wednesday, March 28th. The stock was purchased at an average cost of $59.35 per share, for a total transaction of $44,512.50. The disclosure for this purchase can be found here. In the last ninety days, insiders sold 2,229 shares of company stock worth $140,895. Insiders own 0.78% of the company’s stock.

Shares of Compass Minerals International stock opened at $60.30 on Monday. The company has a current ratio of 2.75, a quick ratio of 1.67 and a debt-to-equity ratio of 1.92. Compass Minerals International, Inc. has a 52-week low of $56.50 and a 52-week high of $76.65. The company has a market capitalization of $2,040.06, a PE ratio of 21.93 and a beta of 0.64.

Compass Minerals International (NYSE:CMP) last issued its quarterly earnings data on Tuesday, February 13th. The basic materials company reported $1.66 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.37 by $0.29. Compass Minerals International had a net margin of 3.13% and a return on equity of 13.02%. The firm had revenue of $457.90 million for the quarter, compared to the consensus estimate of $468.52 million. equities research analysts expect that Compass Minerals International, Inc. will post 3.11 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 15th. Stockholders of record on Thursday, March 1st were given a $0.72 dividend. This represents a $2.88 dividend on an annualized basis and a dividend yield of 4.78%. The ex-dividend date of this dividend was Wednesday, February 28th. Compass Minerals International’s payout ratio is currently 104.73%.

ILLEGAL ACTIVITY NOTICE: “Jane Street Group LLC Purchases New Holdings in Compass Minerals International, Inc. (CMP)” was published by WKRB News and is the sole property of of WKRB News. If you are viewing this article on another publication, it was illegally copied and reposted in violation of US and international trademark and copyright law. The legal version of this article can be viewed at https://www.wkrb13.com/2018/04/02/jane-street-group-llc-purchases-new-holdings-in-compass-minerals-international-inc-cmp.html.

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.

Want to see what other hedge funds are holding CMP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Compass Minerals International, Inc. (NYSE:CMP).

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

Receive News & Ratings for Compass Minerals International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Compass Minerals International and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply