TIAA CREF Investment Management LLC Has $7.21 Million Position in Compass Minerals International, Inc. (CMP)

TIAA CREF Investment Management LLC decreased its position in shares of Compass Minerals International, Inc. (NYSE:CMP) by 5.4% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 110,366 shares of the basic materials company’s stock after selling 6,263 shares during the period. TIAA CREF Investment Management LLC owned about 0.33% of Compass Minerals International worth $7,207,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in CMP. CGOV Asset Management increased its stake in Compass Minerals International by 40.0% during the 1st quarter. CGOV Asset Management now owns 7,000 shares of the basic materials company’s stock worth $633,000 after buying an additional 2,000 shares during the period. UBS Asset Management Americas Inc. increased its stake in Compass Minerals International by 25.4% during the 1st quarter. UBS Asset Management Americas Inc. now owns 27,398 shares of the basic materials company’s stock worth $1,859,000 after buying an additional 5,557 shares during the period. Sei Investments Co. increased its stake in Compass Minerals International by 503.4% during the 1st quarter. Sei Investments Co. now owns 6,571 shares of the basic materials company’s stock worth $446,000 after buying an additional 5,482 shares during the period. Ameriprise Financial Inc. increased its position in shares of Compass Minerals International by 6.7% in the 1st quarter. Ameriprise Financial Inc. now owns 149,920 shares of the basic materials company’s stock worth $10,165,000 after purchasing an additional 9,367 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its position in shares of Compass Minerals International by 70.0% in the 1st quarter. JPMorgan Chase & Co. now owns 11,233 shares of the basic materials company’s stock worth $762,000 after purchasing an additional 4,626 shares during the last quarter.

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Compass Minerals International, Inc. (NYSE:CMP) opened at 66.40 on Thursday. Compass Minerals International, Inc. has a 12-month low of $59.72 and a 12-month high of $84.40. The firm has a market capitalization of $2.25 billion, a price-to-earnings ratio of 18.55 and a beta of 0.44. The stock has a 50 day moving average of $66.92 and a 200 day moving average of $66.70.

Compass Minerals International (NYSE:CMP) last announced its quarterly earnings data on Monday, August 7th. The basic materials company reported ($0.19) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.07) by ($0.12). The business had revenue of $228.00 million during the quarter, compared to analyst estimates of $261.13 million. Compass Minerals International had a net margin of 9.83% and a return on equity of 10.01%. The company’s quarterly revenue was up 34.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.18 EPS. Equities research analysts anticipate that Compass Minerals International, Inc. will post $2.62 earnings per share for the current year.

The company also recently announced a quarterly dividend, which was paid on Friday, September 15th. Investors of record on Friday, September 1st were given a dividend of $0.72 per share. This represents a $2.88 dividend on an annualized basis and a dividend yield of 4.34%. The ex-dividend date of this dividend was Wednesday, August 30th. Compass Minerals International’s dividend payout ratio (DPR) is currently 80.45%.

Several research firms have recently weighed in on CMP. BidaskClub downgraded shares of Compass Minerals International from a “hold” rating to a “sell” rating in a research report on Wednesday, August 9th. Zacks Investment Research downgraded shares of Compass Minerals International from a “hold” rating to a “sell” rating in a research report on Thursday, October 5th. Credit Suisse Group set a $63.00 target price on shares of Compass Minerals International and gave the stock a “hold” rating in a research report on Wednesday, August 9th. Monness Crespi & Hardt raised shares of Compass Minerals International from a “neutral” rating to a “buy” rating and set a $76.00 target price for the company in a research report on Monday, October 2nd. Finally, J P Morgan Chase & Co raised shares of Compass Minerals International from a “neutral” rating to an “overweight” rating and set a $70.00 target price for the company in a research report on Monday, September 25th. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and three have issued a buy rating to the company’s stock. Compass Minerals International presently has an average rating of “Hold” and an average price target of $73.60.

About Compass Minerals International

Compass Minerals International, Inc (CMI) is a provider of essential minerals that solve nature’s challenges, including salt for winter roadway safety and other consumer, industrial and agricultural uses; specialty plant nutrition minerals for the quality and yield of crops, and specialty chemicals for water treatment and other industrial processes.

Institutional Ownership by Quarter for Compass Minerals International (NYSE:CMP)

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