Lightrock Netherlands B.V. Invests $6.39 Million in Compass Minerals International, Inc. (NYSE:CMP)

Lightrock Netherlands B.V. acquired a new position in Compass Minerals International, Inc. (NYSE:CMP) during the 4th quarter, HoldingsChannel.com reports. The firm acquired 565,587 shares of the basic materials company’s stock, valued at approximately $6,394,000. Compass Minerals International accounts for about 2.2% of Lightrock Netherlands B.V.’s investment portfolio, making the stock its 22nd biggest holding.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Inspire Investing LLC grew its stake in Compass Minerals International by 5.7% in the 4th quarter. Inspire Investing LLC now owns 40,527 shares of the basic materials company’s stock worth $456,000 after buying an additional 2,201 shares in the last quarter. Ballentine Partners LLC lifted its holdings in shares of Compass Minerals International by 3.6% during the 4th quarter. Ballentine Partners LLC now owns 21,559 shares of the basic materials company’s stock worth $243,000 after acquiring an additional 748 shares during the last quarter. Tsfg LLC purchased a new position in Compass Minerals International in the fourth quarter worth $28,000. Bard Financial Services Inc. increased its stake in Compass Minerals International by 1.2% in the fourth quarter. Bard Financial Services Inc. now owns 189,615 shares of the basic materials company’s stock valued at $2,133,000 after acquiring an additional 2,250 shares during the last quarter. Finally, 272 Capital LP purchased a new stake in Compass Minerals International during the third quarter valued at about $226,000. 99.78% of the stock is owned by hedge funds and other institutional investors.

Compass Minerals International Trading Up 0.6 %

Shares of CMP opened at $12.13 on Tuesday. Compass Minerals International, Inc. has a fifty-two week low of $7.51 and a fifty-two week high of $23.59. The firm has a market cap of $502.87 million, a price-to-earnings ratio of -2.33, a PEG ratio of 1.17 and a beta of 1.21. The firm has a 50 day moving average price of $12.39 and a 200-day moving average price of $12.00. The company has a debt-to-equity ratio of 2.87, a quick ratio of 0.80 and a current ratio of 2.71.

Compass Minerals International (NYSE:CMP) last posted its quarterly earnings results on Monday, February 10th. The basic materials company reported ($0.55) earnings per share for the quarter, missing the consensus estimate of ($0.05) by ($0.50). Compass Minerals International had a negative return on equity of 2.15% and a negative net margin of 19.24%. As a group, equities research analysts forecast that Compass Minerals International, Inc. will post 0.33 earnings per share for the current year.

Analyst Ratings Changes

Separately, BMO Capital Markets cut their price objective on Compass Minerals International from $20.00 to $18.00 and set a “market perform” rating for the company in a report on Wednesday, December 18th.

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.