Rhumbline Advisers Increases Stock Position in CompX International Inc. (NYSE:CIX)

Rhumbline Advisers boosted its position in shares of CompX International Inc. (NYSE:CIX) by 476.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 8,302 shares of the company’s stock after acquiring an additional 6,862 shares during the period. Rhumbline Advisers owned 0.07% of CompX International worth $217,000 as of its most recent filing with the Securities & Exchange Commission.

Separately, BNP Paribas Financial Markets grew its position in CompX International by 243.2% during 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. 7.50% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

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

CompX International Stock Down 5.4 %

CIX opened at $21.44 on Tuesday. The company has a market cap of $264.12 million, a price-to-earnings ratio of 14.11 and a beta of 0.71. CompX International Inc. has a 52-week low of $20.60 and a 52-week high of $39.91. The firm’s fifty day simple moving average is $24.74 and its two-hundred day simple moving average is $27.45.

CompX International Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 25th. Stockholders of record on Monday, March 17th will be paid a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 5.60%. The ex-dividend date is Monday, March 17th. CompX International’s dividend payout ratio is currently 88.89%.

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.