North Star Investment Management Corp. Has $5.32 Million Holdings in Compass Diversified (NYSE:CODI)

North Star Investment Management Corp. lessened its stake in shares of Compass Diversified (NYSE:CODI – Get Rating) by 3.6% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 291,745 shares of the financial services provider’s stock after selling 10,768 shares during the quarter. North Star Investment Management Corp.’s holdings in Compass Diversified were worth $5,319,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Ensign Peak Advisors Inc acquired a new stake in Compass Diversified during the 3rd quarter worth about $29,000. Ronald Blue Trust Inc. purchased a new position in Compass Diversified during the 2nd quarter valued at about $45,000. Quantbot Technologies LP purchased a new position in Compass Diversified during the 2nd quarter valued at about $55,000. SeaCrest Wealth Management LLC purchased a new position in Compass Diversified during the 2nd quarter valued at about $78,000. Finally, Nomura Asset Management Co. Ltd. grew its stake in Compass Diversified by 129.6% during the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 6,847 shares of the financial services provider’s stock valued at $124,000 after acquiring an additional 3,865 shares in the last quarter. Institutional investors and hedge funds own 48.47% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have weighed in on CODI shares. Jefferies Financial Group started coverage on Compass Diversified in a research note on Friday, December 23rd. They set a “buy” rating on the stock. StockNews.com started coverage on Compass Diversified in a research note on Thursday. They set a “hold” rating on the stock.

Compass Diversified Trading Down 3.2 %

Shares of NYSE CODI opened at $18.03 on Friday. The business has a 50 day simple moving average of $20.99 and a 200 day simple moving average of $19.70. Compass Diversified has a 52 week low of $16.32 and a 52 week high of $25.94. The company has a debt-to-equity ratio of 1.72, a current ratio of 3.36 and a quick ratio of 1.33.

Compass Diversified Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, January 26th. Investors of record on Thursday, January 19th were paid a $0.25 dividend. The ex-dividend date was Wednesday, January 18th. This represents a $1.00 annualized dividend and a dividend yield of 5.55%. Compass Diversified’s payout ratio is -416.67%.

Compass Diversified Company Profile

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Compass Diversified Holdings is a public company that owns and manages a diverse of middle-market businesses. The company offers its shareholders an opportunity to own profitable middle-market businesses that hold highly defensible positions in their individual market niches. Their model for creating shareholder value involves discipline in identifying and valuing businesses and proactive engagement with the management teams of the companies they acquire.