Dean Investment Associates Lowers stake in Compass Minerals International (CMP)

Compass Minerals International (CMP) : Dean Investment Associates reduced its stake in Compass Minerals International by 12.34% during the most recent quarter end. The investment management company now holds a total of 93,417 shares of Compass Minerals International which is valued at $7.2 Million after selling 13,146 shares in Compass Minerals International , the firm said in a disclosure report filed with the SEC on May 12, 2016.Compass Minerals International makes up approximately 1.48% of Dean Investment Associates’s portfolio.

Other Hedge Funds, Including , Signaturefd reduced its stake in CMP by selling 49 shares or 59.04% in the most recent quarter. The Hedge Fund company now holds 34 shares of CMP which is valued at $2,609.Amalgamated Bank boosted its stake in CMP in the latest quarter, The investment management firm added 313 additional shares and now holds a total of 4,137 shares of Compass Minerals International which is valued at $317,473. Compass Minerals International makes up approx 0.03% of Amalgamated Bank’s portfolio.Deprince Race Zollo Inc reduced its stake in CMP by selling 11,770 shares or 2.05% in the most recent quarter. The Hedge Fund company now holds 563,661 shares of CMP which is valued at $42.5 Million. Compass Minerals International makes up approx 0.83% of Deprince Race Zollo Inc’s portfolio.Public Employees Retirement Association Of Colorado reduced its stake in CMP by selling 451 shares or 5.18% in the most recent quarter. The Hedge Fund company now holds 8,258 shares of CMP which is valued at $619,020. Compass Minerals International makes up approx 0.01% of Public Employees Retirement Association Of Colorado’s portfolio.Cubic Asset Management boosted its stake in CMP in the latest quarter, The investment management firm added 540 additional shares and now holds a total of 35,515 shares of Compass Minerals International which is valued at $2.7 Million. Compass Minerals International makes up approx 0.88% of Cubic Asset Management’s portfolio.

Compass Minerals International closed down -0.07 points or -0.09% at $78.02 with 3,08,643 shares getting traded on Friday. Post opening the session at $78.22, the shares hit an intraday low of $77.78 and an intraday high of $78.57 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

On the company’s financial health, Compass Minerals International reported $1.46 EPS for the quarter, beating the analyst consensus estimate by $ 0.16 according to the earnings call on Apr 25, 2016. Analyst had a consensus of $1.30. The company had revenue of $345.70 million for the quarter, compared to analysts expectations of $347.04 million. The company’s revenue was down -12.0 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.79 EPS.

Investors should note that on May 5, 2016, Compass Minerals International announced a cash dividend of $0.6950. The company’s management has announced May 27, 2016 as the ex-dividend date and fixed the record date on Jun 1, 2016. The payable date has been fixed on Jun 15, 2016.

Many Wall Street Analysts have commented on Compass Minerals International. Compass Minerals International was Downgraded by BB&T Capital Mkts to ” Hold” on Mar 30, 2016.

Compass Minerals International Inc. (CMP) is a holding company. The Company is a producer and marketer of essential minerals including salt sulfate of potash specialty fertilizer (SOP) and magnesium chloride. The Company operates through two segments: salt and plant nutrition. The salt segment produces and markets salt and magnesium chloride for use in road deicing and dust control food processing water softeners and agricultural and industrial applications. SOP crop nutrients industrial-grade SOP magnesium chloride for agricultural purposes and other plant nutrients are produced and marketed through the plant nutrition segment. As of December 31 2014 the Company operated 12 production and packaging facilities including the largest rock salt mine in the world in Goderich Ontario Canada and the largest rock salt mine in the United Kingdom in Winsford Cheshire.

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