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

CompX International Inc. (NYSE:CIX) VP Bryan A. Hanley purchased 750 shares of the business’s stock in a transaction dated Tuesday, March 11th. The shares were purchased at an average cost of $22.20 per share, with a total value of $16,650.00. Following the completion of the purchase, the vice president now directly owns 2,250 shares in the company, valued at approximately $49,950. This represents a 50.00 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

CompX International Price Performance

CIX opened at $22.76 on Thursday. CompX International Inc. has a fifty-two week low of $20.60 and a fifty-two week high of $39.91. The business has a 50-day moving average of $24.59 and a 200-day moving average of $27.38. The company has a market capitalization of $280.38 million, a PE ratio of 14.97 and a beta of 0.71.

CompX International Announces Dividend

The business also recently disclosed 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 dividend on an annualized basis and a dividend yield of 5.27%. The ex-dividend date of this dividend is Monday, March 17th. CompX International’s payout ratio is 88.89%.

Wall Street Analyst Weigh In

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

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the stock. Geode Capital Management LLC raised its stake in shares of CompX International by 1.3% in the 4th 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 in the last quarter. Bank of New York Mellon Corp bought a new position in shares of CompX International in the 4th quarter valued at approximately $1,642,000. Rhumbline Advisers grew its holdings in CompX International by 476.5% in the 4th quarter. Rhumbline Advisers now owns 8,302 shares of the company’s stock valued at $217,000 after buying an additional 6,862 shares during the last quarter. Finally, BNP Paribas Financial Markets grew its holdings in CompX International by 243.2% in the 3rd 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 last quarter. 7.50% of the stock is owned by institutional investors.

CompX International Company Profile

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.