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

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

CompX International Trading Up 3.3 %

Shares of NYSE:CIX opened at $22.76 on Thursday. CompX International Inc. has a 1-year low of $20.60 and a 1-year high of $39.91. The firm has a market capitalization of $280.38 million, a PE ratio of 14.97 and a beta of 0.71. The business’s 50 day moving average is $24.59 and its 200-day moving average is $27.38.

CompX International Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 25th. Investors of record on Monday, March 17th will be paid a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 5.27%. The ex-dividend date is Monday, March 17th. CompX International’s dividend payout ratio is 88.89%.

Institutional Trading of CompX International

A number of large investors have recently bought and sold shares of the stock. Geode Capital Management LLC grew its position 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 period. Bank of New York Mellon Corp bought a new stake in CompX International in the fourth quarter valued at $1,642,000. Rhumbline Advisers grew its position 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 period. Finally, BNP Paribas Financial Markets grew its position 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 acquiring an additional 1,408 shares during the period. 7.50% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered CompX International from a “strong-buy” rating to a “buy” rating in a report 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.