Sherbrooke Park Advisers LLC Purchases New Holdings in Compass Minerals International, Inc. (NYSE:CMP)

Sherbrooke Park Advisers LLC purchased a new stake in Compass Minerals International, Inc. (NYSE:CMP) during the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 26,388 shares of the basic materials company’s stock, valued at approximately $297,000. Sherbrooke Park Advisers LLC owned approximately 0.06% of Compass Minerals International at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Denver PWM LLC lifted its stake in Compass Minerals International by 25.8% in the 4th quarter. Denver PWM LLC now owns 4,712 shares of the basic materials company’s stock valued at $53,000 after buying an additional 967 shares in the last quarter. KLP Kapitalforvaltning AS purchased a new position in Compass Minerals International in the 4th quarter worth approximately $80,000. New York State Common Retirement Fund lifted its stake in Compass Minerals International by 35.9% in the 4th quarter. New York State Common Retirement Fund now owns 7,189 shares of the basic materials company’s stock worth $81,000 after purchasing an additional 1,900 shares in the last quarter. Corton Capital Inc. purchased a new position in Compass Minerals International in the 4th quarter worth approximately $127,000. Finally, Freestone Grove Partners LP purchased a new position in Compass Minerals International in the 4th quarter worth approximately $149,000. 99.78% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

CMP has been the topic of a number of research reports. JPMorgan Chase & Co. raised shares of Compass Minerals International from a “neutral” rating to an “overweight” rating and raised their target price for the stock from $13.00 to $15.00 in a research note on Wednesday, February 12th. BMO Capital Markets raised their target price on shares of Compass Minerals International from $15.00 to $20.00 and gave the stock a “market perform” rating in a research note on Monday, May 12th. Finally, StockNews.com raised shares of Compass Minerals International from a “sell” rating to a “hold” rating in a research note on Wednesday, February 12th.

Compass Minerals International Stock Down 1.6%

CMP stock opened at $19.19 on Monday. The firm has a market cap of $796.30 million, a PE ratio of -4.86 and a beta of 0.95. 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’s 50 day moving average price is $12.13 and its 200-day moving average price is $12.34. Compass Minerals International, Inc. has a one year low of $7.51 and a one year high of $20.17.

Compass Minerals International (NYSE:CMP) last released its quarterly earnings results on Wednesday, May 7th. The basic materials company reported $0.63 EPS for the quarter, beating the consensus estimate of $0.39 by $0.24. The firm had revenue of $494.60 million for the quarter, compared to analyst estimates of $413.96 million. Compass Minerals International had a negative net margin of 15.10% and a negative return on equity of 10.00%. The business’s revenue was up 35.9% on a year-over-year basis. On average, equities research analysts anticipate that Compass Minerals International, Inc. will post -0.53 EPS for the current year.

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.