Compass Diversified (NYSE:CODI) Shares Bought by GFS Advisors LLC

GFS Advisors LLC lifted its stake in shares of Compass Diversified (NYSE:CODI) by 4,900.0% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 17,500 shares of the financial services provider’s stock after buying an additional 17,150 shares during the quarter. GFS Advisors LLC’s holdings in Compass Diversified were worth $387,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Diversify Advisory Services LLC purchased a new position in Compass Diversified during the 1st quarter worth approximately $207,000. BNP Paribas Financial Markets increased its holdings in shares of Compass Diversified by 81.9% in the 1st quarter. BNP Paribas Financial Markets now owns 31,139 shares of the financial services provider’s stock valued at $750,000 after acquiring an additional 14,020 shares during the period. Janney Montgomery Scott LLC raised its position in Compass Diversified by 1.3% in the 1st quarter. Janney Montgomery Scott LLC now owns 222,950 shares of the financial services provider’s stock valued at $5,366,000 after purchasing an additional 2,918 shares during the last quarter. SG Americas Securities LLC acquired a new stake in Compass Diversified during the 1st quarter worth $252,000. Finally, Insight Advisors LLC PA acquired a new stake in Compass Diversified during the 1st quarter worth $351,000. Institutional investors and hedge funds own 72.73% of the company’s stock.

Insider Activity at Compass Diversified

In other news, insider Patrick A. Maciariello bought 5,000 shares of the stock in a transaction dated Friday, September 20th. The shares were acquired at an average price of $21.87 per share, with a total value of $109,350.00. Following the completion of the acquisition, the insider now directly owns 228,518 shares in the company, valued at approximately $4,997,688.66. The trade was a 0.00 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In other Compass Diversified news, insider Patrick A. Maciariello purchased 5,000 shares of Compass Diversified stock in a transaction dated Friday, September 20th. The stock was acquired at an average cost of $21.87 per share, with a total value of $109,350.00. Following the acquisition, the insider now directly owns 228,518 shares of the company’s stock, valued at $4,997,688.66. This represents a 0.00 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Ryan J. Faulkingham purchased 2,000 shares of the firm’s stock in a transaction that occurred on Monday, August 5th. The stock was acquired at an average price of $20.17 per share, for a total transaction of $40,340.00. Following the completion of the purchase, the insider now owns 35,950 shares of the company’s stock, valued at approximately $725,111.50. This represents a 0.00 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 1.76% of the stock is currently owned by insiders.

Compass Diversified Trading Down 3.1 %

NYSE CODI opened at $21.02 on Friday. Compass Diversified has a one year low of $17.36 and a one year high of $25.07. The firm has a market cap of $1.59 billion, a PE ratio of 43.79, a P/E/G ratio of 1.36 and a beta of 1.67. The firm’s fifty day moving average is $21.33 and its two-hundred day moving average is $21.87. The company has a debt-to-equity ratio of 1.48, a quick ratio of 1.65 and a current ratio of 4.18.

Compass Diversified (NYSE:CODI) last issued its quarterly earnings results on Wednesday, October 30th. The financial services provider reported $0.64 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.54 by $0.10. Compass Diversified had a return on equity of 12.21% and a net margin of 6.24%. The firm had revenue of $582.62 million for the quarter, compared to analysts’ expectations of $571.68 million. During the same quarter in the previous year, the firm posted $0.34 EPS. The firm’s revenue for the quarter was up 11.8% on a year-over-year basis. Analysts expect that Compass Diversified will post 1.9 earnings per share for the current year.

Compass Diversified Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, October 24th. Investors of record on Thursday, October 17th were issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 4.76%. The ex-dividend date of this dividend was Thursday, October 17th. Compass Diversified’s dividend payout ratio is presently 208.33%.

Compass Diversified Profile

Compass Diversified is a private equity firm specializing in add on acquisitions, buyouts, industry consolidation, recapitalization, late stage and middle market investments. It seeks to invest in niche industrial or branded consumer companies, manufacturing, distribution, consumer products, business services sector, healthcare, safety & security, electronic components, food and foodservice.