Sei Investments Co. Has $18.56 Million Holdings in Compass Diversified (NYSE:CODI)

Sei Investments Co. lifted its holdings in shares of Compass Diversified (NYSE:CODI) by 9.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 804,160 shares of the financial services provider’s stock after buying an additional 72,140 shares during the quarter. Sei Investments Co. owned about 1.06% of Compass Diversified worth $18,560,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the business. Promus Capital LLC bought a new position in Compass Diversified in the fourth quarter valued at approximately $30,000. Millstone Evans Group LLC bought a new position in shares of Compass Diversified in the 4th quarter worth $32,000. BankPlus Trust Department bought a new position in shares of Compass Diversified in the 4th quarter worth $43,000. Thurston Springer Miller Herd & Titak Inc. grew its stake in shares of Compass Diversified by 29.6% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 3,194 shares of the financial services provider’s stock worth $74,000 after purchasing an additional 729 shares during the period. Finally, Quest Partners LLC increased its holdings in Compass Diversified by 245.7% in the third quarter. Quest Partners LLC now owns 7,440 shares of the financial services provider’s stock valued at $165,000 after purchasing an additional 5,288 shares during the last quarter. Institutional investors and hedge funds own 72.73% of the company’s stock.

Compass Diversified Price Performance

CODI opened at $19.08 on Friday. The stock has a market cap of $1.44 billion, a P/E ratio of 39.74, a P/E/G ratio of 1.25 and a beta of 1.59. Compass Diversified has a 12 month low of $18.88 and a 12 month high of $24.59. The company has a quick ratio of 1.62, a current ratio of 4.22 and a debt-to-equity ratio of 1.51. The company has a fifty day simple moving average of $20.52 and a 200 day simple moving average of $21.63.

Compass Diversified Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 23rd. Shareholders of record on Thursday, January 16th were issued a $0.25 dividend. The ex-dividend date was Thursday, January 16th. This represents a $1.00 annualized dividend and a dividend yield of 5.24%. Compass Diversified’s dividend payout ratio (DPR) is currently 208.33%.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the company. B. Riley upgraded Compass Diversified to a “strong-buy” rating in a report on Tuesday, January 7th. William Blair reissued an “outperform” rating on shares of Compass Diversified in a research note on Friday, February 28th.

About Compass Diversified

Compass Diversified is a private equity firm specializing in add on acquisitions, buyouts, industry consolidation, recapitalization, late stage and middle market investments. It seeks to invest in niche industrial or branded consumer companies, manufacturing, distribution, consumer products, business services sector, healthcare, safety & security, electronic components, food and foodservice.