Dividend Runner: Oct 27, 2016 will mean $0.36 dividends for Compass Diversified Holdings (NYSE:CODI) shareholders.

Dividend Runner: Oct 27, 2016 will mean $0.36 dividends for Compass Diversified Holdings (NYSE:CODI) shareholders.

Compass Diversified Holdings (NYSE:CODI) is expected to pay $0.36 on Oct 27, 2016. The indicated annual dividend is $1.44. Shareholders owning the stock before Oct 18, 2016 will be eligible to receive the payout. Based on Compass Diversified Holdings’s current price of $17.90, the dividend is 2.01%. This dividend’s record date is Oct 20, 2016 and the announcement date is Oct 6, 2016. The stock increased 0.96% or $0.17 on October 14, hitting $17.9. Compass Diversified Holdings (NYSE:CODI) has risen 21.60% since March 14, 2016 and is uptrending. It has outperformed by 15.99% the S&P500.

Compass Diversified Holdings and Compass Group Diversified Holdings, LLC, (the Company), acquires and manages a group of small and middle-market businesses. The company has a market cap of $981.29 million. The Company’s divisions include The Ergo Baby Carrier, Inc. (Ergobaby), Liberty Safe and Security Products, Inc. (Liberty Safe or Liberty), Fresh Hemp Foods Ltd. (Manitoba Harvest), Compass AC Holdings, Inc. (ACI or Advanced Circuits), AMT Acquisition Corporation (Arnold or Arnold Magnetics), Clean Earth Holdings, Inc. (Clean Earth), Candle Lamp Company, LLC (Sterno or Sterno Products) and Tridien Medical, Inc. (Tridien). It currently has negative earnings. The Firm also owns a non-controlling interest of approximately 41% in Fox Factory Holding Corp. (FOX).

Insitutional Activity: The institutional sentiment increased to 1.48 in Q2 2016. Its up 0.29, from 1.19 in 2016Q1. The ratio improved, as 4 funds sold all Compass Diversified Holdings shares owned while 25 reduced positions. 13 funds bought stakes while 30 increased positions. They now own 18.94 million shares or 0.83% more from 18.78 million shares in 2016Q1.
Moreover, California Pub Employees Retirement Systems has 0% invested in Compass Diversified Holdings (NYSE:CODI) for 144,600 shares. Peak6 Limited Partnership owns 32,299 shares or 0% of their US portfolio. Mcf Advsrs Llc accumulated 0% or 31 shares. Hl Fincl Ltd accumulated 0.01% or 35,501 shares. Da Davidson And Commerce, a Montana-based fund reported 24,074 shares. Pnc Fin Services Group last reported 28,378 shares in the company. Evercore Wealth Limited Liability Corporation has 0.02% invested in the company for 22,400 shares. Acadian Asset Limited Com holds 0% or 16,922 shares in its portfolio. Bnp Paribas Arbitrage Sa last reported 0% of its portfolio in the stock. The Florida-based Raymond James Associates has invested 0% in Compass Diversified Holdings (NYSE:CODI). Atlantic Group Inc Ltd Liability last reported 0% of its portfolio in the stock. Wells Fargo Mn last reported 0% of its portfolio in the stock. Moreover, Sei Invs has 0% invested in Compass Diversified Holdings (NYSE:CODI) for 7,418 shares. Private Advisor Grp Inc Ltd accumulated 0.02% or 24,069 shares. Schroder Inv Mngmt Gru reported 763,200 shares or 0.03% of all its holdings.

Compass Diversified Holdings (NYSE:CODI) Ratings Coverage

Out of 3 analysts covering Compass Diversified Holdings (NYSE:CODI), 2 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 67% are positive. Compass Diversified Holdings has been the topic of 4 analyst reports since August 25, 2015 according to StockzIntelligence Inc. The firm earned “Neutral” rating on Wednesday, May 4 by Janney Capital. The firm has “Buy” rating by Bank of America given on Tuesday, August 25. The stock of Compass Diversified Holdings (NYSE:CODI) earned “Buy” rating by Suntrust Robinson on Wednesday, July 20. The company was initiated on Tuesday, October 27 by Janney Capital.

More notable recent Compass Diversified Holdings (NYSE:CODI) news were published by: Prnewswire.com which released: “Compass Diversified Holdings Announces Sale of Tridien Medical” on September 22, 2016, also Seekingalpha.com with their article: “Compass Diversified Holdings: No Reason To Even Blink” published on October 10, 2016, Prnewswire.com published: “Compass Diversified Holdings Subsidiary, Clean Earth, Acquires EWS Alabama” on June 01, 2016. More interesting news about Compass Diversified Holdings (NYSE:CODI) were released by: Prnewswire.com and their article: “Compass Diversified Holdings Announces Partial Divestiture of Fox Factory …” published on August 15, 2016 as well as Prnewswire.com‘s news article titled: “Compass Diversified Holdings Subsidiary, Sterno Products, Acquires Northern …” with publication date: January 25, 2016.

CODI Company Profile

Compass Diversified Holdings (the Trust), incorporated on November 18, 2005, and Compass Group Diversified Holdings, LLC, (the Company), acquires and manages a group of small and middle-market businesses. The Company’s divisions include The Ergo Baby Carrier, Inc. (Ergobaby), Liberty Safe and Security Products, Inc. (Liberty Safe or Liberty), Fresh Hemp Foods Ltd. (Manitoba Harvest), Compass AC Holdings, Inc. (ACI or Advanced Circuits), AMT Acquisition Corporation (Arnold or Arnold Magnetics), Clean Earth Holdings, Inc. (Clean Earth), Candle Lamp Company, LLC (Sterno or Sterno Products) and Tridien Medical, Inc. (Tridien). The Firm also owns a non-controlling interest of approximately 41% in Fox Factory Holding Corp. (FOX). Compass Group Management LLC, (CGM or the Manager), manages the day to day activities of the Company and oversees the management and activities of its businesses pursuant to a management services agreement (MSA).

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Tags: , ,

Related posts

Leave a Comment