Compass Minerals International (NYSE:CMP) Rating Increased to Sell at StockNews.com

Compass Minerals International (NYSE:CMP) was upgraded by analysts at StockNews.com to a “sell” rating in a note issued to investors on Wednesday.

Separately, BMO Capital Markets restated a “market perform” rating and issued a $20.00 target price on shares of Compass Minerals International in a research report on Wednesday. One research analyst has rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $31.00.

Compass Minerals International Stock Up 2.4 %

CMP opened at $11.12 on Wednesday. The company has a market cap of $459.63 million, a PE ratio of -5.32, a price-to-earnings-growth ratio of 0.37 and a beta of 1.10. Compass Minerals International has a twelve month low of $7.51 and a twelve month high of $28.70. The company has a 50-day moving average price of $10.47 and a 200 day moving average price of $12.67. The company has a quick ratio of 1.15, a current ratio of 2.98 and a debt-to-equity ratio of 2.25.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Envestnet Portfolio Solutions Inc. increased its holdings in shares of Compass Minerals International by 7.9% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 8,410 shares of the basic materials company’s stock valued at $213,000 after purchasing an additional 617 shares during the last quarter. CarsonAllaria Wealth Management Ltd. increased its stake in shares of Compass Minerals International by 26.2% in the 2nd quarter. CarsonAllaria Wealth Management Ltd. now owns 4,659 shares of the basic materials company’s stock worth $48,000 after acquiring an additional 966 shares during the last quarter. Principal Financial Group Inc. raised its holdings in shares of Compass Minerals International by 0.6% during the 1st quarter. Principal Financial Group Inc. now owns 176,600 shares of the basic materials company’s stock worth $2,780,000 after acquiring an additional 1,010 shares during the period. Price T Rowe Associates Inc. MD boosted its position in shares of Compass Minerals International by 4.3% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 32,722 shares of the basic materials company’s stock valued at $516,000 after acquiring an additional 1,358 shares during the last quarter. Finally, ProVise Management Group LLC grew its holdings in shares of Compass Minerals International by 9.1% in the fourth quarter. ProVise Management Group LLC now owns 24,803 shares of the basic materials company’s stock valued at $628,000 after purchasing an additional 2,067 shares during the period. 99.78% of the stock is owned by hedge funds and other institutional investors.

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.