Vanguard Group Inc. Raises Position in CompoSecure, Inc. $CMPO

Vanguard Group Inc. grew its stake in CompoSecure, Inc. (NASDAQ:CMPO - Free Report) by 1.6% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,324,900 shares of the company's stock after purchasing an additional 53,292 shares during the period. Vanguard Group Inc. owned approximately 3.25% of CompoSecure worth $69,224,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Decker Retirement Planning Inc. purchased a new stake in CompoSecure during the 3rd quarter valued at $3,647,000. Locust Wood Capital Advisers LLC lifted its position in CompoSecure by 14.5% in the third quarter. Locust Wood Capital Advisers LLC now owns 9,341,954 shares of the company's stock worth $194,499,000 after buying an additional 1,183,627 shares during the last quarter. Caxton Associates LLP purchased a new position in CompoSecure during the second quarter worth $1,620,000. Geode Capital Management LLC boosted its stake in CompoSecure by 35.9% during the second quarter. Geode Capital Management LLC now owns 1,077,106 shares of the company's stock worth $15,179,000 after buying an additional 284,667 shares during the period. Finally, Russell Investments Group Ltd. increased its position in CompoSecure by 75.5% during the second quarter. Russell Investments Group Ltd. now owns 189,601 shares of the company's stock valued at $2,671,000 after acquiring an additional 81,572 shares during the last quarter. Hedge funds and other institutional investors own 37.56% of the company's stock.

CompoSecure Stock Performance

Shares of CMPO stock opened at $23.02 on Friday. The stock has a 50 day moving average price of $23.04 and a 200 day moving average price of $20.95. CompoSecure, Inc. has a 52-week low of $9.24 and a 52-week high of $26.78. The firm has a market capitalization of $2.91 billion, a P/E ratio of -13.70 and a beta of 0.98.

CompoSecure Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, February 27th. Stockholders of record on Friday, February 13th were given a dividend of $0.0025 per share. This represents a $0.01 annualized dividend and a dividend yield of 0.0%. The ex-dividend date was Friday, February 13th.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the stock. JPMorgan Chase & Co. restated a "buy" rating on shares of CompoSecure in a report on Thursday, January 8th. Lake Street Capital reiterated a "buy" rating on shares of CompoSecure in a report on Wednesday, December 24th. Six investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company presently has a consensus rating of "Buy" and a consensus target price of $25.50.

View Our Latest Report on CMPO

CompoSecure Profile

(Free Report)

CompoSecure is a global provider of secure card and credential solutions, specializing in the design, manufacturing and personalization of payment cards, identification credentials and related services. The company develops a range of card products that include metal cards, composite cards and hybrid designs integrating advanced security features such as EMV chip technology, contactless interfaces and specialized surface treatments. CompoSecure's offerings are tailored to the needs of banks, credit unions, fintech firms and government agencies seeking to differentiate their cards and enhance consumer engagement.

The company's product portfolio extends beyond physical cards to encompass digital issuance and lifecycle management solutions.

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