Compass Diversified (NYSE:CODI) Shares Acquired by Atria Investments Inc

Atria Investments Inc boosted its position in Compass Diversified (NYSE:CODI) by 4.2% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 67,372 shares of the financial services provider’s stock after purchasing an additional 2,721 shares during the quarter. Atria Investments Inc owned about 0.09% of Compass Diversified worth $1,491,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in CODI. Verdence Capital Advisors LLC grew its holdings in Compass Diversified by 5.0% in the 3rd quarter. Verdence Capital Advisors LLC now owns 15,830 shares of the financial services provider’s stock valued at $350,000 after buying an additional 755 shares in the last quarter. North Star Investment Management Corp. grew its holdings in Compass Diversified by 1.5% in the 3rd quarter. North Star Investment Management Corp. now owns 354,432 shares of the financial services provider’s stock valued at $7,844,000 after buying an additional 5,071 shares in the last quarter. Van ECK Associates Corp grew its holdings in shares of Compass Diversified by 23.1% during the 3rd quarter. Van ECK Associates Corp now owns 9,319 shares of the financial services provider’s stock worth $195,000 after purchasing an additional 1,748 shares during the period. GFS Advisors LLC grew its holdings in shares of Compass Diversified by 4,900.0% during the 3rd quarter. GFS Advisors LLC now owns 17,500 shares of the financial services provider’s stock worth $387,000 after purchasing an additional 17,150 shares during the period. Finally, Janney Montgomery Scott LLC grew its holdings in shares of Compass Diversified by 0.4% during the 3rd quarter. Janney Montgomery Scott LLC now owns 219,229 shares of the financial services provider’s stock worth $4,852,000 after purchasing an additional 933 shares during the period. 72.73% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Compass Diversified

In other Compass Diversified news, insider Patrick A. Maciariello bought 5,000 shares of the business’s stock in a transaction dated Friday, September 20th. The shares were acquired at an average price of $21.87 per share, with a total value of $109,350.00. Following the transaction, the insider now owns 228,518 shares of the company’s stock, valued at approximately $4,997,688.66. The trade was a 2.24 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, major shareholder Cgi Magyar Holdings Llc sold 135,274 shares of the firm’s stock in a transaction that occurred on Monday, November 11th. The stock was sold at an average price of $23.05, for a total value of $3,118,065.70. Following the transaction, the insider now owns 7,456,197 shares in the company, valued at $171,865,340.85. This represents a 1.78 % decrease in their position. The disclosure for this sale can be found here. 1.76% of the stock is owned by corporate insiders.

Compass Diversified Stock Performance

NYSE CODI opened at $22.95 on Friday. The stock has a fifty day simple moving average of $21.48 and a 200-day simple moving average of $21.86. Compass Diversified has a twelve month low of $19.76 and a twelve month high of $25.07. The stock has a market cap of $1.74 billion, a PE ratio of 47.92, a P/E/G ratio of 1.49 and a beta of 1.67. The company has a current ratio of 4.22, a quick ratio of 1.62 and a debt-to-equity ratio of 1.51.

Compass Diversified (NYSE:CODI) last announced its earnings results on Wednesday, October 30th. The financial services provider reported $0.64 EPS for the quarter, beating analysts’ consensus estimates of $0.54 by $0.10. Compass Diversified had a return on equity of 12.25% and a net margin of 6.24%. The company had revenue of $582.62 million during the quarter, compared to analysts’ expectations of $571.68 million. During the same period last year, the business posted $0.34 EPS. Compass Diversified’s revenue for the quarter was up 11.8% on a year-over-year basis. Equities analysts anticipate that Compass Diversified will post 1.95 earnings per share for the current year.

Compass Diversified Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, October 24th. Shareholders of record on Thursday, October 17th were given a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 4.36%. The ex-dividend date was Thursday, October 17th. Compass Diversified’s dividend payout ratio is currently 208.33%.

Compass Diversified Profile

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.