CompX International Inc. (NYSE:CIX) VP Acquires $16,650.00 in Stock

CompX International Inc. (NYSE:CIX) VP Bryan A. Hanley bought 750 shares of CompX International stock in a transaction on Tuesday, March 11th. The stock was acquired at an average cost of $22.20 per share, with a total value of $16,650.00. Following the acquisition, the vice president now owns 2,250 shares of the company’s stock, valued at $49,950. This trade represents a 50.00 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

CompX International Price Performance

Shares of NYSE:CIX opened at $22.37 on Friday. The firm has a market capitalization of $275.58 million, a price-to-earnings ratio of 14.72 and a beta of 0.71. The business’s 50 day simple moving average is $24.44 and its 200-day simple moving average is $27.30. CompX International Inc. has a 12 month low of $20.60 and a 12 month high of $39.91.

CompX International Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 25th. Shareholders of record on Monday, March 17th will be given a dividend of $0.30 per share. The ex-dividend date of this dividend is Monday, March 17th. This represents a $1.20 dividend on an annualized basis and a yield of 5.36%. CompX International’s payout ratio is 88.89%.

Institutional Trading of CompX International

Large investors have recently bought and sold shares of the company. BNP Paribas Financial Markets raised its stake in shares of CompX International by 243.2% during the 3rd quarter. BNP Paribas Financial Markets now owns 1,987 shares of the company’s stock worth $58,000 after buying an additional 1,408 shares during the last quarter. Rhumbline Advisers increased its holdings in CompX International by 476.5% during the 4th quarter. Rhumbline Advisers now owns 8,302 shares of the company’s stock valued at $217,000 after acquiring an additional 6,862 shares in the last quarter. Bank of New York Mellon Corp acquired a new position in CompX International during the fourth quarter worth about $1,642,000. Finally, Geode Capital Management LLC raised its position in CompX International by 1.3% during the fourth quarter. Geode Capital Management LLC now owns 34,112 shares of the company’s stock worth $892,000 after acquiring an additional 438 shares during the last quarter. Institutional investors and hedge funds own 7.50% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com cut shares of CompX International from a “strong-buy” rating to a “buy” rating in a research note on Thursday, December 5th.

About CompX International

CompX International Inc manufactures and sells security products and recreational marine components primarily in North America. It operates in two segments, Security Products and Marine Components. The Security Products segment manufactures mechanical and electrical cabinet locks, and other locking mechanisms used in various applications, including ignition systems, mailboxes, file cabinets, desk drawers, tool storage cabinets, high security medical cabinetry, integrated inventory and access control secured narcotics boxes, electrical circuit panels, storage compartments, gas station security, and vending and cash containment machines.