2 weeks Ago By Defense World Staff
Geode Capital Management LLC decreased its position in shares of Compass Diversified (NYSE:CODI – Free Report) by 0.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 797,359 shares of the financial services provider’s stock after selling 7,594 shares during the quarter.
Geode Capital Management LLC owned about 1.05% of Compass Diversified worth $18,403,000 as of its most recent filing with the Securities & Exchange Commission. Several other hedge funds and other institutional investors also recently made changes to their positions in the business.
Promus Capital LLC bought a new position in shares of Compass Diversified during the 4th quarter worth approximately $30,000. Millstone Evans Group LLC purchased a new stake in shares of Compass Diversified during the 4th quarter valued at $32,000. BankPlus Trust Department bought a new stake in shares of Compass Diversified during the 4th quarter worth $43,000.
Thurston Springer Miller Herd & Titak Inc. boosted its holdings in shares of Compass Diversified by 29.6% in the 4th quarter.
Thurston Springer Miller Herd & Titak Inc. now owns 3,194 shares of the financial services provider’s stock worth $74,000 after buying an additional 729 shares during the last quarter. Finally, Nomura Asset Management Co.
Ltd. grew its position in Compass Diversified by 219.7% during the fourth quarter.
Nomura Asset Management Co. Ltd. now owns 4,194 shares of the financial services provider’s stock valued at $97,000 after buying an additional 2,882 shares during the period.
72.73% of the stock is owned by institutional investors. Compass Diversified Trading Down 1.
3 %CODI stock opened at $16.51 on Friday. The company has a market capitalization of $1.
24 billion, a PE ratio of 34.40, a price-to-earnings-growth ratio of 1.25 and a beta of 1.
55. The company has a debt-to-equity ratio of 1.51, a quick ratio of 1.
62 and a current ratio of 4.22. Compass Diversified has a one year low of $15.
64 and a one year high of $24.59. The company’s 50 day moving average price is $19.
08 and its two-hundred day moving average price is $21.10. Compass Diversified Announces DividendThe firm also recently declared a quarterly dividend, which will be paid on Thursday, April 24th.
Investors of record on Thursday, April 17th will be issued a dividend of $0.25 per share. The ex-dividend date is Thursday, April 17th.
This represents a $1.00 dividend on an annualized basis and a yield of 6.06%.
Compass Diversified’s dividend payout ratio is presently -78.13%. Wall Street Analysts Forecast GrowthCODI has been the subject of several research analyst reports.
William Blair restated an “outperform” rating on shares of Compass Diversified in a research note on Friday, February 28th. B. Riley raised Compass Diversified to a “strong-buy” rating in a research report on Tuesday, January 7th.
Get Our Latest Analysis on CODICompass Diversified Company 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.See AlsoFive stocks we like better than Compass DiversifiedGrowth Investing: Should You Adopt This Investing Strategy in 2022?J.
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