Semanteon Capital Management LP Purchases Shares of 33,344 Compass Minerals International, Inc. (NYSE:CMP)

Semanteon Capital Management LP purchased a new stake in shares of Compass Minerals International, Inc. (NYSE:CMP) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 33,344 shares of the basic materials company’s stock, valued at approximately $844,000. Semanteon Capital Management LP owned about 0.08% of Compass Minerals International at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Peoples Bank KS purchased a new stake in shares of Compass Minerals International during the third quarter valued at approximately $30,000. Allspring Global Investments Holdings LLC boosted its stake in shares of Compass Minerals International by 156.5% during the third quarter. Allspring Global Investments Holdings LLC now owns 1,239 shares of the basic materials company’s stock valued at $35,000 after purchasing an additional 756 shares during the period. Ulland Investment Advisors LLC purchased a new stake in shares of Compass Minerals International during the third quarter valued at approximately $58,000. Studio Investment Management LLC boosted its stake in shares of Compass Minerals International by 157.0% during the third quarter. Studio Investment Management LLC now owns 5,934 shares of the basic materials company’s stock valued at $166,000 after purchasing an additional 3,625 shares during the period. Finally, Equitable Trust Co. boosted its stake in shares of Compass Minerals International by 8.9% during the third quarter. Equitable Trust Co. now owns 7,270 shares of the basic materials company’s stock valued at $203,000 after purchasing an additional 594 shares during the period. Hedge funds and other institutional investors own 99.78% of the company’s stock.

Compass Minerals International Stock Up 3.3 %

CMP traded up $0.42 during trading on Friday, reaching $13.04. The stock had a trading volume of 954,373 shares, compared to its average volume of 697,565. The stock’s 50 day moving average is $17.64 and its two-hundred day moving average is $21.91. The company has a current ratio of 3.07, a quick ratio of 1.15 and a debt-to-equity ratio of 1.98. The company has a market capitalization of $538.70 million, a price-to-earnings ratio of -8.93, a P/E/G ratio of 1.93 and a beta of 1.13. Compass Minerals International, Inc. has a one year low of $11.85 and a one year high of $39.78.

Compass Minerals International (NYSE:CMP) last posted its quarterly earnings data on Wednesday, February 7th. The basic materials company reported $0.05 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.19). The firm had revenue of $341.70 million during the quarter, compared to the consensus estimate of $352.84 million. Compass Minerals International had a positive return on equity of 4.56% and a negative net margin of 4.97%. The company’s revenue for the quarter was down 3.0% compared to the same quarter last year. As a group, analysts expect that Compass Minerals International, Inc. will post 0.11 earnings per share for the current year.

Compass Minerals International Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 20th. Shareholders of record on Monday, March 11th were issued a $0.15 dividend. The ex-dividend date of this dividend was Friday, March 8th. This represents a $0.60 dividend on an annualized basis and a yield of 4.60%. Compass Minerals International’s dividend payout ratio (DPR) is -41.10%.

Analyst Ratings Changes

A number of research firms have recently weighed in on CMP. Stifel Nicolaus dropped their price objective on Compass Minerals International from $75.00 to $60.00 and set a “buy” rating for the company in a research note on Thursday, January 11th. BMO Capital Markets dropped their price target on Compass Minerals International from $25.00 to $20.00 and set a “market perform” rating for the company in a research note on Tuesday, March 26th. JPMorgan Chase & Co. dropped their price target on Compass Minerals International from $24.00 to $21.00 and set a “neutral” rating for the company in a research note on Friday, February 9th. Finally, Loop Capital raised Compass Minerals International from a “hold” rating to a “buy” rating and dropped their price target for the stock from $26.00 to $23.00 in a research note on Friday. One research analyst has rated the stock with a sell rating, three have given a hold rating and two have given a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $33.80.

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.