2 weeks Ago By Defense World Staff
Commonwealth Equity Services LLC cut its stake in Compass Diversified ( NYSE:CODI – Free Report ) by 1.5% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 45,478 shares of the financial services provider’s stock after selling 673 shares during the quarter.
Commonwealth Equity Services LLC owned approximately 0.06% of Compass Diversified worth $996,000 as of its most recent SEC filing. Other hedge funds also recently modified their holdings of the company.
Allspring Global Investments Holdings LLC boosted its stake in shares of Compass Diversified by 2.0% in the second quarter. Allspring Global Investments Holdings LLC now owns 4,117,375 shares of the financial services provider’s stock valued at $90,129,000 after buying an additional 80,089 shares during the period.
William Blair Investment Management LLC increased its holdings in shares of Compass Diversified by 8.8% during the first quarter. William Blair Investment Management LLC now owns 1,872,815 shares of the financial services provider’s stock worth $45,079,000 after buying an additional 150,990 shares in the last quarter.
The Manufacturers Life Insurance Company increased its holdings in shares of Compass Diversified by 8.4% during the fourth quarter. The Manufacturers Life Insurance Company now owns 1,633,222 shares of the financial services provider’s stock worth $36,666,000 after buying an additional 126,072 shares in the last quarter.
Lord Abbett & CO. LLC increased its holdings in shares of Compass Diversified by 186.4% during the first quarter.
Lord Abbett & CO. LLC now owns 1,368,163 shares of the financial services provider’s stock worth $32,932,000 after buying an additional 890,413 shares in the last quarter. Finally, UBS Group AG increased its holdings in shares of Compass Diversified by 11.
1% during the fourth quarter. UBS Group AG now owns 708,786 shares of the financial services provider’s stock worth $15,912,000 after buying an additional 71,075 shares in the last quarter. Institutional investors and hedge funds own 72.
73% of the company’s stock. Compass Diversified Stock Performance Shares of Compass Diversified stock opened at $21.34 on Wednesday.
The company has a quick ratio of 1.65, a current ratio of 4.18 and a debt-to-equity ratio of 1.
48. Compass Diversified has a twelve month low of $16.88 and a twelve month high of $25.
07. The stock has a market cap of $1.61 billion, a price-to-earnings ratio of 125.
54, a P/E/G ratio of 1.34 and a beta of 1.68.
The company’s fifty day moving average is $21.81 and its 200 day moving average is $22.40.
Compass Diversified Dividend Announcement The business also recently disclosed a quarterly dividend, which was paid on Thursday, July 25th. Stockholders of record on Thursday, July 18th were given a dividend of $0.25 per share.
The ex-dividend date was Thursday, July 18th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 4.
69%. Compass Diversified’s dividend payout ratio (DPR) is presently 588.27%.
Insider Transactions at Compass Diversified In related news, major shareholder Cgi Magyar Holdings Llc sold 69,681 shares of the company’s stock in a transaction dated Monday, July 15th. The shares were sold at an average price of $23.02, for a total value of $1,604,056.
62. Following the sale, the insider now owns 7,791,471 shares in the company, valued at approximately $179,359,662.42.
The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink . In other Compass Diversified news, insider Ryan J. Faulkingham bought 2,000 shares of the stock in a transaction that occurred on Monday, August 5th.
The shares were bought at an average price of $20.17 per share, for a total transaction of $40,340.00.
Following the acquisition, the insider now directly owns 35,950 shares of the company’s stock, valued at approximately $725,111.50. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website .
Also, major shareholder Cgi Magyar Holdings Llc sold 69,681 shares of the stock in a transaction dated Monday, July 15th. The shares were sold at an average price of $23.02, for a total transaction of $1,604,056.
62. Following the completion of the sale, the insider now owns 7,791,471 shares of the company’s stock, valued at approximately $179,359,662.42.
The disclosure for this sale can be found here . Insiders own 1.76% of the company’s stock.
Compass Diversified Profile ( Free Report ) 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. Featured Articles Five stocks we like better than Compass Diversified 5 discounted opportunities for dividend growth investors Galmed Pharmaceuticals Surges 400%: What’s Behind the Explosion? Using the MarketBeat Dividend Yield Calculator Gold Hits New All-Time Highs: 3 Stocks to Ride the Surge How to Use the MarketBeat Dividend Calculator Intel: Why It’s Time to Reconsider This Beaten-Down Chipmaker Receive News & Ratings for Compass Diversified Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Compass Diversified and related companies with MarketBeat.
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