Provise Management Group buys $3,533,530 stake in Compass Minerals International (CMP)

Compass Minerals International (CMP) : Provise Management Group scooped up 3,535 additional shares in Compass Minerals International during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 2, 2016. The investment management firm now holds a total of 50,791 shares of Compass Minerals International which is valued at $3,533,530.Compass Minerals International makes up approximately 0.64% of Provise Management Group’s portfolio.

Other Hedge Funds, Including , Nuance Investments sold out all of its stake in CMP during the most recent quarter. The investment firm sold 14,589 shares of CMP which is valued $1,014,957.Msi Financial Services Inc reduced its stake in CMP by selling 155 shares or 8.53% in the most recent quarter. The Hedge Fund company now holds 1,662 shares of CMP which is valued at $115,725.Parkwood reduced its stake in CMP by selling 923 shares or 14.75% in the most recent quarter. The Hedge Fund company now holds 5,336 shares of CMP which is valued at $383,872. Compass Minerals International makes up approx 0.06% of Parkwood’s portfolio.Murphy Pohlad Asset Management reduced its stake in CMP by selling 500 shares or 1.02% in the most recent quarter. The Hedge Fund company now holds 48,525 shares of CMP which is valued at $3,619,965. Compass Minerals International makes up approx 2.62% of Murphy Pohlad Asset Management’s portfolio.Benjamin F. Edwards Company boosted its stake in CMP in the latest quarter, The investment management firm added 170 additional shares and now holds a total of 200 shares of Compass Minerals International which is valued at $14,920.

Compass Minerals International opened for trading at $70.1 and hit $70.75 on the upside on Monday, eventually ending the session at $70.48, with a gain of 0.56% or 0.39 points. The heightened volatility saw the trading volume jump to 1,93,358 shares. Company has a market cap of $2,381 M.

On the company’s financial health, Compass Minerals International reported $0.18 EPS for the quarter, beating the analyst consensus estimate by $ 0.01 according to the earnings call on Jul 25, 2016. Analyst had a consensus of $0.17. The company had revenue of $169.50 million for the quarter, compared to analysts expectations of $178.74 million. The company’s revenue was down -7.7 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.39 EPS.

Many Wall Street Analysts have commented on Compass Minerals International. Compass Minerals International was Downgraded by KeyBanc Capital Mkts to ” Sector Weight” on Jun 15, 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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