Rockefeller Capital Management L.P. Boosts Stock Position in Compass Diversified Holdings (NYSE:CODI)

Rockefeller Capital Management L.P. boosted its stake in Compass Diversified Holdings (NYSE:CODI) by 903.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 8,903 shares of the financial services provider’s stock after buying an additional 8,016 shares during the period. Rockefeller Capital Management L.P.’s holdings in Compass Diversified were worth $221,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Steward Partners Investment Advisory LLC grew its position in Compass Diversified by 61.5% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 1,970 shares of the financial services provider’s stock worth $48,000 after acquiring an additional 750 shares during the period. Howard Wealth Management LLC acquired a new stake in shares of Compass Diversified in the fourth quarter valued at approximately $65,000. US Bancorp DE grew its position in shares of Compass Diversified by 47.3% in the fourth quarter. US Bancorp DE now owns 3,194 shares of the financial services provider’s stock valued at $80,000 after purchasing an additional 1,026 shares during the last quarter. Tower Research Capital LLC TRC purchased a new position in shares of Compass Diversified during the 3rd quarter worth approximately $178,000. Finally, Lighthouse Financial Advisors Inc. purchased a new position in shares of Compass Diversified during the 4th quarter worth approximately $222,000. Institutional investors and hedge funds own 29.97% of the company’s stock.

Shares of CODI traded down $0.19 during trading hours on Friday, hitting $18.31. 71,679 shares of the stock traded hands, compared to its average volume of 257,000. The business has a fifty day moving average of $23.14 and a 200-day moving average of $21.69. The firm has a market capitalization of $1.11 billion, a PE ratio of 4.97 and a beta of 1.21. Compass Diversified Holdings has a 1-year low of $15.25 and a 1-year high of $26.37. The company has a current ratio of 3.46, a quick ratio of 2.16 and a debt-to-equity ratio of 0.77.

Several analysts have recently issued reports on CODI shares. Zacks Investment Research cut shares of Compass Diversified from a “buy” rating to a “hold” rating in a research note on Friday, January 3rd. ValuEngine lowered shares of Compass Diversified from a “hold” rating to a “sell” rating in a research report on Thursday, January 16th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and one has issued a buy rating to the company’s stock. Compass Diversified presently has an average rating of “Hold” and an average price target of $24.75.

In related news, insider Sarah Gaines Mccoy bought 3,897 shares of the business’s stock in a transaction that occurred on Friday, January 3rd. The stock was bought at an average cost of $25.58 per share, for a total transaction of $99,685.26. Following the completion of the transaction, the insider now owns 16,103 shares of the company’s stock, valued at $411,914.74. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Gordon M. Burns sold 99,471 shares of the stock in a transaction on Wednesday, December 11th. The shares were sold at an average price of $24.45, for a total value of $2,432,065.95. The disclosure for this sale can be found here. 3.70% of the stock is owned by company insiders.

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

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