Schroder Investment Management Group Purchases 35,200 Shares of Compass Diversified (NYSE:CODI)

Schroder Investment Management Group grew its position in shares of Compass Diversified (NYSE:CODI) by 3.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,103,849 shares of the financial services provider’s stock after purchasing an additional 35,200 shares during the period. Schroder Investment Management Group’s holdings in Compass Diversified were worth $25,477,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of CODI. Intech Investment Management LLC bought a new position in shares of Compass Diversified during the 3rd quarter valued at $219,000. FMR LLC boosted its position in Compass Diversified by 115.0% during the third quarter. FMR LLC now owns 283,777 shares of the financial services provider’s stock valued at $6,280,000 after buying an additional 151,783 shares during the period. Quantbot Technologies LP bought a new position in shares of Compass Diversified during the third quarter valued at about $173,000. BNP Paribas Financial Markets lifted its stake in shares of Compass Diversified by 10.2% in the 3rd quarter. BNP Paribas Financial Markets now owns 14,360 shares of the financial services provider’s stock valued at $318,000 after acquiring an additional 1,331 shares during the last quarter. Finally, Rockefeller Capital Management L.P. boosted its holdings in Compass Diversified by 5.1% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 11,766 shares of the financial services provider’s stock valued at $260,000 after acquiring an additional 572 shares during the period. 72.73% of the stock is currently owned by hedge funds and other institutional investors.

Compass Diversified Price Performance

Shares of Compass Diversified stock opened at $18.77 on Thursday. The business has a 50 day moving average of $20.30 and a 200 day moving average of $21.59. Compass Diversified has a 52 week low of $17.99 and a 52 week high of $24.59. The company has a market cap of $1.41 billion, a PE ratio of 39.10, a P/E/G ratio of 1.25 and a beta of 1.59. The company has a quick ratio of 1.62, a current ratio of 4.22 and a debt-to-equity ratio of 1.51.

Compass Diversified Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, January 23rd. Stockholders of record on Thursday, January 16th were given a $0.25 dividend. The ex-dividend date of this dividend was Thursday, January 16th. This represents a $1.00 annualized dividend and a dividend yield of 5.33%. Compass Diversified’s dividend payout ratio is -78.13%.

Analyst Ratings Changes

Several analysts have weighed in on the company. B. Riley upgraded Compass Diversified to a “strong-buy” rating in a research report on Tuesday, January 7th. William Blair reissued an “outperform” rating on shares of Compass Diversified in a report on Friday, February 28th.

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.