Legal & General Group Plc boosted its holdings in shares of Compass Diversified Holdings (NYSE:CODI) by 10.8% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 173,880 shares of the financial services provider’s stock after buying an additional 16,954 shares during the quarter. Legal & General Group Plc owned about 0.29% of Compass Diversified worth $3,082,000 at the end of the most recent quarter.
A number of other institutional investors have also bought and sold shares of the business. Csenge Advisory Group acquired a new stake in shares of Compass Diversified in the third quarter valued at about $186,000. First Allied Advisory Services Inc. grew its position in shares of Compass Diversified by 2.0% in the second quarter. First Allied Advisory Services Inc. now owns 12,673 shares of the financial services provider’s stock valued at $220,000 after purchasing an additional 254 shares during the last quarter. Raymond James Trust N.A. acquired a new stake in shares of Compass Diversified in the second quarter valued at about $228,000. Gratus Capital LLC acquired a new stake in shares of Compass Diversified in the third quarter valued at about $240,000. Finally, Northwest Quadrant Wealth Management LLC grew its position in shares of Compass Diversified by 2.1% in the second quarter. Northwest Quadrant Wealth Management LLC now owns 14,643 shares of the financial services provider’s stock valued at $255,000 after purchasing an additional 297 shares during the last quarter. 33.43% of the stock is currently owned by hedge funds and other institutional investors.
Shares of Compass Diversified Holdings (NYSE:CODI) opened at $16.95 on Tuesday. The company has a current ratio of 2.41, a quick ratio of 1.26 and a debt-to-equity ratio of 0.71. Compass Diversified Holdings has a one year low of $15.90 and a one year high of $18.40.
Several equities research analysts have recently issued reports on CODI shares. Zacks Investment Research downgraded Compass Diversified from a “hold” rating to a “strong sell” rating in a research report on Monday, November 13th. BidaskClub downgraded Compass Diversified from a “hold” rating to a “sell” rating in a research report on Wednesday, October 25th. Three research analysts have rated the stock with a sell rating and two have assigned a buy rating to the company. Compass Diversified currently has an average rating of “Hold” and a consensus target price of $19.50.
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About Compass Diversified
Compass Diversified Holdings (the Trust) and Compass Group Diversified Holdings, LLC, (the Company), acquires and manages small and middle-market businesses. The Company operates through segments include Acquisition Corp. (5.11 Tactical), The Ergo Baby Carrier, Inc (Ergobaby), Liberty Safe and Security Products, Inc (Liberty), Fresh Hemp Foods Ltd.
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