Epoch Investment Partners Inc. raised its stake in Compass Minerals International, Inc. (NYSE:CMP) by 0.7% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 500,983 shares of the basic materials company’s stock after buying an additional 3,426 shares during the quarter. Epoch Investment Partners Inc. owned about 1.48% of Compass Minerals International worth $32,514,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of CMP. Victory Capital Management Inc. raised its holdings in Compass Minerals International by 6.4% in the second quarter. Victory Capital Management Inc. now owns 685,435 shares of the basic materials company’s stock valued at $44,758,000 after acquiring an additional 41,119 shares in the last quarter. Private Advisor Group LLC raised its holdings in Compass Minerals International by 55.2% in the second quarter. Private Advisor Group LLC now owns 24,893 shares of the basic materials company’s stock valued at $1,653,000 after acquiring an additional 8,852 shares in the last quarter. Kornitzer Capital Management Inc. KS raised its holdings in Compass Minerals International by 3.8% in the third quarter. Kornitzer Capital Management Inc. KS now owns 274,360 shares of the basic materials company’s stock valued at $17,806,000 after acquiring an additional 10,050 shares in the last quarter. Royal Bank of Canada raised its holdings in Compass Minerals International by 50.0% in the second quarter. Royal Bank of Canada now owns 82,006 shares of the basic materials company’s stock valued at $5,355,000 after acquiring an additional 27,348 shares in the last quarter. Finally, Cambridge Investment Research Advisors Inc. raised its holdings in Compass Minerals International by 50.0% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 40,449 shares of the basic materials company’s stock valued at $2,641,000 after acquiring an additional 13,490 shares in the last quarter.

Shares of Compass Minerals International, Inc. (CMP) traded down $0.45 on Wednesday, hitting $68.30. 210,600 shares of the stock were exchanged, compared to its average volume of 394,281. The company has a current ratio of 2.52, a quick ratio of 1.18 and a debt-to-equity ratio of 1.70. The stock has a market capitalization of $2,325.64, a price-to-earnings ratio of 28.18 and a beta of 0.51. Compass Minerals International, Inc. has a twelve month low of $59.72 and a twelve month high of $84.40.

Compass Minerals International (NYSE:CMP) last issued its quarterly earnings results on Monday, October 30th. The basic materials company reported $0.65 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.85 by ($0.20). Compass Minerals International had a return on equity of 11.52% and a net margin of 10.72%. The company had revenue of $290.70 million for the quarter, compared to analyst estimates of $323.76 million. During the same period in the prior year, the business earned $0.27 earnings per share. Compass Minerals International’s revenue for the quarter was up 61.9% compared to the same quarter last year. analysts expect that Compass Minerals International, Inc. will post 2.62 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 15th. Shareholders of record on Friday, December 1st will be issued a $0.72 dividend. This represents a $2.88 dividend on an annualized basis and a yield of 4.22%. The ex-dividend date is Thursday, November 30th. Compass Minerals International’s dividend payout ratio (DPR) is currently 67.76%.

Several equities analysts have commented on CMP shares. Stifel Nicolaus reiterated a “buy” rating and issued a $84.00 price target on shares of Compass Minerals International in a research note on Thursday, September 21st. BidaskClub upgraded shares of Compass Minerals International from a “strong sell” rating to a “sell” rating in a research note on Wednesday, August 23rd. Monness Crespi & Hardt upgraded shares of Compass Minerals International from a “neutral” rating to a “buy” rating and set a $76.00 target price on the stock in a research report on Monday, October 2nd. Zacks Investment Research upgraded shares of Compass Minerals International from a “sell” rating to a “hold” rating in a research report on Monday, August 14th. Finally, J P Morgan Chase & Co upgraded shares of Compass Minerals International from a “neutral” rating to an “overweight” rating and set a $70.00 target price on the stock in a research report on Monday, September 25th. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the company’s stock. Compass Minerals International presently has a consensus rating of “Hold” and an average price target of $73.60.

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About Compass Minerals International

Compass Minerals International, Inc (CMI) is a provider of essential minerals that solve nature’s challenges, including salt for winter roadway safety and other consumer, industrial and agricultural uses; specialty plant nutrition minerals for the quality and yield of crops, and specialty chemicals for water treatment and other industrial processes.

Institutional Ownership by Quarter for Compass Minerals International (NYSE:CMP)

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