Los Angeles Capital Management LLC Purchases Shares of 22,592 Compass Minerals International, Inc. (NYSE:CMP)

Los Angeles Capital Management LLC purchased a new stake in Compass Minerals International, Inc. (NYSE:CMP) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 22,592 shares of the basic materials company’s stock, valued at approximately $233,000. Los Angeles Capital Management LLC owned 0.05% of Compass Minerals International at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in CMP. First Eagle Investment Management LLC acquired a new position in shares of Compass Minerals International during the first quarter valued at approximately $1,908,000. Morningstar Investment Services LLC increased its stake in shares of Compass Minerals International by 89.2% during the fourth quarter. Morningstar Investment Services LLC now owns 1,352,718 shares of the basic materials company’s stock valued at $35,333,000 after acquiring an additional 637,883 shares during the period. Yost Capital Management LP acquired a new position in shares of Compass Minerals International during the fourth quarter valued at approximately $4,583,000. Freestone Capital Holdings LLC acquired a new position in shares of Compass Minerals International during the first quarter valued at approximately $767,000. Finally, Wellington Management Group LLP increased its stake in shares of Compass Minerals International by 16.1% during the fourth quarter. Wellington Management Group LLP now owns 140,097 shares of the basic materials company’s stock valued at $3,547,000 after acquiring an additional 19,455 shares during the period. Institutional investors and hedge funds own 99.78% of the company’s stock.

Analysts Set New Price Targets

Separately, StockNews.com upgraded shares of Compass Minerals International to a “sell” rating in a research note on Wednesday, August 21st. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $31.00.

Compass Minerals International Trading Up 11.3 %

Shares of NYSE:CMP opened at $9.42 on Monday. The stock has a market capitalization of $389.37 million, a price-to-earnings ratio of -4.51, a PEG ratio of 0.37 and a beta of 1.10. Compass Minerals International, Inc. has a 1-year low of $7.51 and a 1-year high of $29.97. 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 has a 50 day moving average price of $10.46 and a 200 day moving average price of $12.94.

Compass Minerals International Company 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.