Ironwood Investment Management LLC Raises Stock Holdings in Compass Minerals International, Inc. (NYSE:CMP)

Ironwood Investment Management LLC grew its holdings in shares of Compass Minerals International, Inc. (NYSE:CMP) by 6.2% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 29,842 shares of the basic materials company’s stock after purchasing an additional 1,738 shares during the quarter. Ironwood Investment Management LLC’s holdings in Compass Minerals International were worth $336,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Raymond James Financial Inc. purchased a new stake in shares of Compass Minerals International during the 4th quarter valued at about $1,439,000. Assetmark Inc. increased its position in shares of Compass Minerals International by 6,121.5% during the 4th quarter. Assetmark Inc. now owns 30,050 shares of the basic materials company’s stock valued at $338,000 after purchasing an additional 29,567 shares during the last quarter. Jones Financial Companies Lllp increased its position in shares of Compass Minerals International by 44.1% during the 4th quarter. Jones Financial Companies Lllp now owns 18,111 shares of the basic materials company’s stock valued at $204,000 after purchasing an additional 5,544 shares during the last quarter. Denver PWM LLC increased its position in shares of Compass Minerals International by 25.8% during the 4th quarter. Denver PWM LLC now owns 4,712 shares of the basic materials company’s stock valued at $53,000 after purchasing an additional 967 shares during the last quarter. Finally, New York State Common Retirement Fund increased its position in shares of Compass Minerals International by 35.9% during the 4th quarter. New York State Common Retirement Fund now owns 7,189 shares of the basic materials company’s stock valued at $81,000 after purchasing an additional 1,900 shares during the last quarter. Hedge funds and other institutional investors own 99.78% of the company’s stock.

Compass Minerals International Trading Up 8.7 %

Compass Minerals International stock opened at $10.87 on Friday. Compass Minerals International, Inc. has a 12-month low of $7.51 and a 12-month high of $19.86. The company has a current ratio of 2.37, a quick ratio of 1.12 and a debt-to-equity ratio of 3.67. The firm has a market capitalization of $451.23 million, a price-to-earnings ratio of -2.75 and a beta of 1.27. The firm has a 50 day moving average of $11.78 and a 200 day moving average of $11.99.

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 10.00% and a negative net margin of 15.10%. As a group, research analysts predict that Compass Minerals International, Inc. will post -0.53 earnings per share for the current year.

Analyst Ratings Changes

CMP has been the subject of several research reports. BMO Capital Markets reduced their price target on shares of Compass Minerals International from $18.00 to $17.00 and set a “market perform” rating for the company in a research report on Wednesday, February 12th. JPMorgan Chase & Co. raised shares of Compass Minerals International from a “neutral” rating to an “overweight” rating and increased their target price for the stock from $13.00 to $15.00 in a report on Wednesday, February 12th. Finally, StockNews.com raised shares of Compass Minerals International from a “sell” rating to a “hold” rating in a report on Wednesday, February 12th.

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.