ERTS Wealth Advisors LLC Buys Shares of 2,210 Compass Diversified Holdings (CODI)

ERTS Wealth Advisors LLC bought a new stake in shares of Compass Diversified Holdings (NYSE:CODI) in the fourth quarter, HoldingsChannel reports. The institutional investor bought 2,210 shares of the financial services provider’s stock, valued at approximately $28,000.

Other large investors have also recently bought and sold shares of the company. Rehmann Capital Advisory Group increased its stake in Compass Diversified by 1,734.2% during the 3rd quarter. Rehmann Capital Advisory Group now owns 58,292 shares of the financial services provider’s stock valued at $3,211,000 after purchasing an additional 55,114 shares in the last quarter. Cerity Partners LLC increased its stake in Compass Diversified by 100.0% during the 4th quarter. Cerity Partners LLC now owns 33,412 shares of the financial services provider’s stock valued at $416,000 after purchasing an additional 16,706 shares in the last quarter. BB&T Securities LLC increased its stake in Compass Diversified by 5.7% during the 4th quarter. BB&T Securities LLC now owns 59,464 shares of the financial services provider’s stock valued at $740,000 after purchasing an additional 3,205 shares in the last quarter. North Star Investment Management Corp. increased its stake in Compass Diversified by 23.5% during the 4th quarter. North Star Investment Management Corp. now owns 111,786 shares of the financial services provider’s stock valued at $1,392,000 after purchasing an additional 21,245 shares in the last quarter. Finally, Wells Fargo & Company MN increased its stake in Compass Diversified by 2.2% during the 3rd quarter. Wells Fargo & Company MN now owns 251,493 shares of the financial services provider’s stock valued at $4,565,000 after purchasing an additional 5,412 shares in the last quarter. 33.33% of the stock is owned by institutional investors.

Separately, Zacks Investment Research upgraded shares of Compass Diversified from a “strong sell” rating to a “hold” rating in a research note on Thursday.

In other Compass Diversified news, major shareholder Anholt Investments Ltd. acquired 5,726 shares of the business’s stock in a transaction dated Monday, December 17th. The shares were purchased at an average price of $18.94 per share, for a total transaction of $108,450.44. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider James Bottiglieri acquired 7,473 shares of the business’s stock in a transaction dated Thursday, January 3rd. The stock was acquired at an average price of $13.31 per share, for a total transaction of $99,465.63. Following the purchase, the insider now directly owns 65,167 shares of the company’s stock, valued at $867,372.77. The disclosure for this purchase can be found here. 3.40% of the stock is owned by corporate insiders.

Shares of Compass Diversified stock opened at $15.93 on Friday. The company has a current ratio of 2.63, a quick ratio of 1.40 and a debt-to-equity ratio of 1.51. Compass Diversified Holdings has a 12-month low of $11.60 and a 12-month high of $18.35. The company has a market cap of $945.22 million, a price-to-earnings ratio of 11.06 and a beta of 0.96.

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Compass Diversified Profile

Compass Diversified Holdings LLC is a private equity firm specializing in acquisitions, buyouts, industry consolidation, recapitalization, and middle market investments. It seeks to invest in niche industrial or branded consumer companies, manufacturing, distribution, consumer products, business services sector, safety & security, electronic components, food, foodservice.

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Want to see what other hedge funds are holding CODI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Compass Diversified Holdings (NYSE:CODI).

Institutional Ownership by Quarter for Compass Diversified (NYSE:CODI)

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