Beryl Capital Management LLC Buys New Position in Compass Minerals International, Inc. (NYSE:CMP)

Beryl Capital Management LLC purchased a new position in shares of Compass Minerals International, Inc. (NYSE:CMP) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 75,169 shares of the basic materials company’s stock, valued at approximately $846,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Tsfg LLC bought a new position in shares of Compass Minerals International during the 4th quarter worth approximately $28,000. Denver PWM LLC boosted its stake in Compass Minerals International by 25.8% during the fourth quarter. Denver PWM LLC now owns 4,712 shares of the basic materials company’s stock worth $53,000 after acquiring an additional 967 shares in the last quarter. KLP Kapitalforvaltning AS acquired a new stake in Compass Minerals International in the fourth quarter worth $80,000. New York State Common Retirement Fund increased its stake in Compass Minerals International by 35.9% in the fourth quarter. New York State Common Retirement Fund now owns 7,189 shares of the basic materials company’s stock valued at $81,000 after purchasing an additional 1,900 shares in the last quarter. Finally, Freestone Grove Partners LP acquired a new position in shares of Compass Minerals International during the fourth quarter valued at about $149,000. Institutional investors and hedge funds own 99.78% of the company’s stock.

Compass Minerals International Stock Performance

Shares of CMP stock opened at $13.70 on Friday. The company has a debt-to-equity ratio of 3.67, a quick ratio of 1.12 and a current ratio of 2.37. The firm has a market cap of $568.60 million, a price-to-earnings ratio of -3.47 and a beta of 1.17. Compass Minerals International, Inc. has a 52 week low of $7.51 and a 52 week high of $15.82. The firm’s 50-day simple moving average is $10.67 and its two-hundred day simple moving average is $12.05.

Compass Minerals International (NYSE:CMP) last posted its quarterly earnings data on Monday, February 10th. The basic materials company reported ($0.55) EPS for the quarter, missing the consensus estimate of ($0.05) by ($0.50). Compass Minerals International had a negative net margin of 15.10% and a negative return on equity of 10.00%. As a group, equities analysts forecast that Compass Minerals International, Inc. will post -0.53 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the company. JPMorgan Chase & Co. raised Compass Minerals International from a “neutral” rating to an “overweight” rating and boosted their target price for the company from $13.00 to $15.00 in a research report on Wednesday, February 12th. StockNews.com raised shares of Compass Minerals International from a “sell” rating to a “hold” rating in a research report on Wednesday, February 12th. Finally, BMO Capital Markets dropped their price objective on Compass Minerals International from $18.00 to $17.00 and set a “market perform” rating on the stock in a research note on Wednesday, February 12th.

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.