Compass Minerals International (NYSE:CMP) Upgraded to “Sell” at StockNews.com

StockNews.com upgraded shares of Compass Minerals International (NYSE:CMP) to a sell rating in a report released on Wednesday.

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

Compass Minerals International Trading Up 2.0 %

Shares of Compass Minerals International stock opened at $11.34 on Wednesday. The company has a 50 day simple moving average of $10.47 and a two-hundred day simple moving average of $12.60. The firm has a market cap of $468.73 million, a PE ratio of -5.43, a PEG ratio of 0.37 and a beta of 1.10. Compass Minerals International has a 1 year low of $7.51 and a 1 year high of $28.70. The company has a debt-to-equity ratio of 2.25, a current ratio of 2.98 and a quick ratio of 1.15.

Hedge Funds Weigh In On Compass Minerals International

Institutional investors and hedge funds have recently made changes to their positions in the business. Envestnet Portfolio Solutions Inc. lifted its stake in 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 worth $213,000 after purchasing an additional 617 shares during the last quarter. CarsonAllaria Wealth Management Ltd. increased its holdings in shares of Compass Minerals International by 26.2% in the second quarter. CarsonAllaria Wealth Management Ltd. now owns 4,659 shares of the basic materials company’s stock worth $48,000 after buying an additional 966 shares during the period. Principal Financial Group Inc. lifted its stake in shares of Compass Minerals International by 0.6% in the 1st quarter. Principal Financial Group Inc. now owns 176,600 shares of the basic materials company’s stock valued at $2,780,000 after acquiring an additional 1,010 shares during the last quarter. Price T Rowe Associates Inc. MD lifted its stake in shares of Compass Minerals International by 4.3% in 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 boosted its holdings in Compass Minerals International by 9.1% during the 4th quarter. ProVise Management Group LLC now owns 24,803 shares of the basic materials company’s stock valued at $628,000 after acquiring an additional 2,067 shares during the period. Institutional investors own 99.78% of the company’s stock.

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.