The Aberdeen Asset Management PLC UK Has $28,342,000 Position in Compass Minerals International, Inc. (CMP), Report finds

The Aberdeen Asset Management PLC UK Has $28,342,000 Position in Compass Minerals International, Inc. (CMP), Report finds

Other large investors have also bought and sold shares of the company. Nuance Investments LLC acquired a new stake in Compass Minerals International during the third quarter worth $14,188,000. Parnassus Investments CA increased its stake in Compass Minerals International by 10.4% in the third quarter. Parnassus Investments CA now owns 2,776,676 shares of the company’s stock worth $204,641,000 after buying an additional 261,750 shares in the last quarter. First Trust Advisors LP increased its stake in Compass Minerals International by 113.3% in the third quarter. First Trust Advisors LP now owns 182,028 shares of the company’s stock worth $13,415,000 after buying an additional 96,697 shares in the last quarter. Emerald Acquisition Ltd. increased its stake in Compass Minerals International by 0.8% in the third quarter. Emerald Acquisition Ltd. now owns 331,305 shares of the company’s stock worth $24,417,000 after buying an additional 2,481 shares in the last quarter. Finally, River Road Asset Management LLC increased its stake in Compass Minerals International by 1.4% in the third quarter. River Road Asset Management LLC now owns 749,021 shares of the company’s stock worth $55,203,000 after buying an additional 10,364 shares in the last quarter.

Aberdeen Asset Management PLC UK raised its position in Compass Minerals International, Inc. (NYSE:CMP) by 37.7% during the fourth quarter, Holdings Channel reports. The institutional investor owned 361,733 shares of the company’s stock after buying an additional 99,112 shares during the period. Aberdeen Asset Management PLC UK’s holdings in Compass Minerals International were worth $28,342,000 at the end of the most recent reporting period.

Compass Minerals International, Inc. (NYSE:CMP) traded down 0.81% on Thursday, hitting $80.05. The company had a trading volume of 309,240 shares. Compass Minerals International, Inc. has a 12-month low of $66.30 and a 12-month high of $84.40. The firm has a market capitalization of $2.70 billion, a PE ratio of 22.00 and a beta of 0.51. The firm has a 50-day moving average price of $80.87 and a 200-day moving average price of $75.60.

Compass Minerals International (NYSE:CMP) last released its quarterly earnings data on Wednesday, February 8th. The company reported $1.35 earnings per share for the quarter, beating the consensus estimate of $1.11 by $0.24. The business had revenue of $443.20 million for the quarter, compared to analyst estimates of $399.66 million. Compass Minerals International had a return on equity of 18.34% and a net margin of 12.55%. Compass Minerals International’s revenue was up 53.2% compared to the same quarter last year. During the same period last year, the firm posted $1.72 earnings per share. On average, equities research analysts anticipate that Compass Minerals International, Inc. will post $3.03 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 15th. Investors of record on Wednesday, March 1st will be paid a $0.72 dividend. The ex-dividend date of this dividend is Monday, February 27th. This is a positive change from Compass Minerals International’s previous quarterly dividend of $0.70. This represents a $2.88 annualized dividend and a yield of 3.57%. Compass Minerals International’s dividend payout ratio (DPR) is 76.58%.

A number of equities research analysts have weighed in on CMP shares. Zacks Investment Research downgraded shares of Compass Minerals International from a “buy” rating to a “hold” rating in a research note on Friday, October 28th. TheStreet upgraded shares of Compass Minerals International from a “hold” rating to a “buy” rating in a research note on Monday, November 21st. Finally, Monness Crespi & Hardt upgraded shares of Compass Minerals International from a “sell” rating to a “neutral” rating in a research note on Wednesday, October 26th. Five analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of $78.00.

Compass Minerals International Company Profile

Compass Minerals International, Inc is a holding company. The Company, through its subsidiaries, is engaged in producing and marketing essential minerals, including salt, sulfate of potash (SOP) specialty fertilizer, magnesium chloride and micronutrients. It operates through two segments, which include salt and plant nutrition.

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