CompX International Inc. (NYSE:CIX) VP Bryan A. Hanley Acquires 750 Shares

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

CompX International Trading Down 4.0 %

Shares of CompX International stock opened at $21.85 on Friday. The stock has a market capitalization of $269.17 million, a price-to-earnings ratio of 14.38 and a beta of 0.71. CompX International Inc. has a 1-year low of $20.60 and a 1-year high of $39.91. The firm’s 50-day moving average price is $24.59 and its two-hundred day moving average price is $27.38.

CompX International Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 25th. Stockholders of record on Monday, March 17th will be given a dividend of $0.30 per share. The ex-dividend date is Monday, March 17th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 5.49%. CompX International’s payout ratio is 88.89%.

Hedge Funds Weigh In On CompX International

Large investors have recently modified their holdings of the stock. BNP Paribas Financial Markets lifted its holdings in CompX International by 243.2% in the third quarter. BNP Paribas Financial Markets now owns 1,987 shares of the company’s stock valued at $58,000 after buying an additional 1,408 shares during the period. Rhumbline Advisers boosted its stake in CompX International by 476.5% in the fourth quarter. Rhumbline Advisers now owns 8,302 shares of the company’s stock valued at $217,000 after acquiring an additional 6,862 shares during the last quarter. Geode Capital Management LLC boosted its stake in CompX International by 1.3% in the fourth quarter. Geode Capital Management LLC now owns 34,112 shares of the company’s stock valued at $892,000 after acquiring an additional 438 shares during the last quarter. Finally, Bank of New York Mellon Corp bought a new position in CompX International in the fourth quarter valued at approximately $1,642,000. 7.50% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

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.