BidaskClub upgraded shares of Compass Diversified Holdings (NYSE:CODI) from a strong sell rating to a sell rating in a report published on Wednesday morning.

CODI has been the topic of a number of other reports. Zacks Investment Research raised shares of Compass Diversified Holdings from a strong sell rating to a hold rating in a report on Monday, August 7th. Jefferies Group LLC reissued a buy rating and issued a $20.00 price target on shares of Compass Diversified Holdings in a report on Thursday, June 8th. TheStreet raised shares of Compass Diversified Holdings from a c+ rating to a b rating in a report on Friday, July 7th. Finally, ValuEngine downgraded shares of Compass Diversified Holdings from a hold rating to a sell rating in a report on Friday, August 4th. Two equities research analysts have rated the stock with a sell rating, one has issued a hold rating and three have given a buy rating to the stock. Compass Diversified Holdings currently has a consensus rating of Hold and a consensus price target of $19.50.

Compass Diversified Holdings (NYSE CODI) traded up 0.85% during mid-day trading on Wednesday, reaching $17.75. 119,745 shares of the company’s stock traded hands. Compass Diversified Holdings has a 12 month low of $15.90 and a 12 month high of $19.50. The stock’s market cap is $1.06 billion. The company has a 50 day moving average price of $17.16 and a 200-day moving average price of $16.86.

Compass Diversified Holdings (NYSE:CODI) last posted its quarterly earnings data on Wednesday, August 2nd. The financial services provider reported ($0.53) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.37 by ($0.90). The firm had revenue of $307.38 million for the quarter, compared to analysts’ expectations of $302.86 million. Compass Diversified Holdings had a return on equity of 6.42% and a net margin of 2.20%. Compass Diversified Holdings’s revenue was up 43.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.33 earnings per share. On average, analysts anticipate that Compass Diversified Holdings will post $1.60 EPS for the current year.

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Several large investors have recently modified their holdings of CODI. Royal Bank of Canada raised its stake in Compass Diversified Holdings by 2.4% in the 2nd quarter. Royal Bank of Canada now owns 8,687,327 shares of the financial services provider’s stock valued at $151,591,000 after acquiring an additional 205,723 shares during the period. Alps Advisors Inc. bought a new stake in Compass Diversified Holdings in the 2nd quarter valued at about $3,367,000. American Century Companies Inc. raised its stake in Compass Diversified Holdings by 8.4% in the 2nd quarter. American Century Companies Inc. now owns 2,200,591 shares of the financial services provider’s stock valued at $38,400,000 after acquiring an additional 170,788 shares during the period. Skandinaviska Enskilda Banken AB publ raised its stake in Compass Diversified Holdings by 125.0% in the 1st quarter. Skandinaviska Enskilda Banken AB publ now owns 288,017 shares of the financial services provider’s stock valued at $4,781,000 after acquiring an additional 160,000 shares during the period. Finally, Schroder Investment Management Group raised its stake in Compass Diversified Holdings by 11.8% in the 1st quarter. Schroder Investment Management Group now owns 1,065,877 shares of the financial services provider’s stock valued at $17,480,000 after acquiring an additional 112,677 shares during the period. 33.17% of the stock is currently owned by institutional investors.

Compass Diversified Holdings Company Profile

Compass Diversified Holdings (the Trust) and Compass Group Diversified Holdings, LLC, (the Company), acquires and manages small and middle-market businesses. The Company operates through segments include Acquisition Corp. (5.11 Tactical), The Ergo Baby Carrier, Inc (Ergobaby), Liberty Safe and Security Products, Inc (Liberty), Fresh Hemp Foods Ltd.

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