Inspire Investing LLC Boosts Stock Holdings in Compass Minerals International, Inc. (NYSE:CMP)

Inspire Investing LLC grew its stake in shares of Compass Minerals International, Inc. (NYSE:CMP) by 49.0% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 36,889 shares of the basic materials company’s stock after buying an additional 12,135 shares during the period. Inspire Investing LLC owned 0.09% of Compass Minerals International worth $381,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Vanguard Group Inc. boosted its holdings in Compass Minerals International by 3.6% in the first quarter. Vanguard Group Inc. now owns 4,579,361 shares of the basic materials company’s stock valued at $72,079,000 after acquiring an additional 160,632 shares during the last quarter. Morningstar Investment Services LLC lifted its stake in shares of Compass Minerals International by 89.2% in the 4th quarter. Morningstar Investment Services LLC now owns 1,352,718 shares of the basic materials company’s stock valued at $35,333,000 after purchasing an additional 637,883 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of Compass Minerals International by 16.0% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,246,855 shares of the basic materials company’s stock worth $31,572,000 after purchasing an additional 172,018 shares during the period. Thompson Siegel & Walmsley LLC increased its position in Compass Minerals International by 0.3% during the 2nd quarter. Thompson Siegel & Walmsley LLC now owns 860,796 shares of the basic materials company’s stock worth $8,892,000 after purchasing an additional 2,167 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. raised its holdings in Compass Minerals International by 6.6% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 549,492 shares of the basic materials company’s stock valued at $13,913,000 after buying an additional 34,193 shares during the period. 99.78% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on CMP. StockNews.com raised shares of Compass Minerals International to a “sell” rating in a research report on Wednesday. BMO Capital Markets reiterated a “market perform” rating and issued a $20.00 price target on shares of Compass Minerals International in a report on Wednesday. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $31.00.

Compass Minerals International Price Performance

Shares of CMP stock opened at $11.34 on Friday. Compass Minerals International, Inc. has a twelve month low of $7.51 and a twelve month high of $28.70. The company has a market capitalization of $468.73 million, a PE ratio of -5.43, a price-to-earnings-growth ratio of 0.37 and a beta of 1.10. The company has a current ratio of 2.98, a quick ratio of 1.15 and a debt-to-equity ratio of 2.25. The firm has a fifty day simple moving average of $10.47 and a 200-day simple moving average of $12.54.

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.