US Bancorp DE Has $27,000 Holdings in Compass Minerals International, Inc. (NYSE:CMP)

US Bancorp DE decreased its position in shares of Compass Minerals International, Inc. (NYSE:CMP) by 40.5% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,219 shares of the basic materials company’s stock after selling 1,510 shares during the period. US Bancorp DE’s holdings in Compass Minerals International were worth $27,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of CMP. Invenomic Capital Management LP bought a new stake in Compass Minerals International during the 1st quarter worth approximately $7,486,000. SW Investment Management LLC bought a new stake in shares of Compass Minerals International during the second quarter worth $3,099,000. Lee Danner & Bass Inc. acquired a new stake in shares of Compass Minerals International in the second quarter valued at $2,448,000. Bank of Montreal Can raised its holdings in shares of Compass Minerals International by 330.1% in the second quarter. Bank of Montreal Can now owns 230,764 shares of the basic materials company’s stock valued at $2,384,000 after buying an additional 177,105 shares during the last quarter. Finally, Vanguard Group Inc. lifted its position in Compass Minerals International by 3.6% during the 1st quarter. Vanguard Group Inc. now owns 4,579,361 shares of the basic materials company’s stock worth $72,079,000 after buying an additional 160,632 shares in the last quarter. Institutional investors own 99.78% of the company’s stock.

Compass Minerals International Stock Performance

Shares of NYSE:CMP opened at $14.75 on Tuesday. The company has a current ratio of 2.90, a quick ratio of 0.74 and a debt-to-equity ratio of 2.47. Compass Minerals International, Inc. has a 1-year low of $7.51 and a 1-year high of $27.25. The stock has a market capitalization of $611.39 million, a P/E ratio of -3.60 and a beta of 1.10. The business has a 50-day moving average price of $12.06 and a two-hundred day moving average price of $11.66.

Compass Minerals International (NYSE:CMP) last posted its quarterly earnings results on Tuesday, September 17th. The basic materials company reported ($1.01) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.67) by ($0.34). Compass Minerals International had a positive return on equity of 4.75% and a negative net margin of 14.81%. The business had revenue of $202.90 million for the quarter, compared to the consensus estimate of $201.86 million. Equities analysts predict that Compass Minerals International, Inc. will post 0.02 earnings per share for the current year.

Analyst Ratings Changes

Several research firms have weighed in on CMP. StockNews.com upgraded shares of Compass Minerals International to a “sell” rating in a research report on Wednesday, September 18th. BMO Capital Markets reissued a “market perform” rating and issued a $20.00 price target on shares of Compass Minerals International in a report on Wednesday, September 18th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $31.00.

About Compass Minerals International

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.