BNP Paribas Financial Markets Increases Stake in CompX International Inc. (NYSE:CIX)

BNP Paribas Financial Markets increased its holdings in CompX International Inc. (NYSE:CIX) by 243.2% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,987 shares of the company’s stock after purchasing an additional 1,408 shares during the quarter. BNP Paribas Financial Markets’ holdings in CompX International were worth $58,000 as of its most recent filing with the Securities & Exchange Commission.

Separately, Nisa Investment Advisors LLC increased its holdings in shares of CompX International by 118.3% in the third quarter. Nisa Investment Advisors LLC now owns 1,310 shares of the company’s stock worth $38,000 after buying an additional 710 shares during the period. Institutional investors own 7.50% of the company’s stock.

CompX International Stock Performance

Shares of CompX International stock opened at $26.28 on Friday. CompX International Inc. has a 52-week low of $20.60 and a 52-week high of $39.91. The company’s 50 day moving average price is $29.25 and its 200-day moving average price is $27.21. The stock has a market capitalization of $323.74 million, a price-to-earnings ratio of 17.29 and a beta of 0.75.

CompX International Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 10th. Shareholders of record on Friday, November 29th were issued a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 4.57%. The ex-dividend date of this dividend was Friday, November 29th. CompX International’s dividend payout ratio (DPR) is presently 78.95%.

Analysts Set New Price Targets

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

Insider Buying and Selling at CompX International

In other news, Director Mary A. Tidlund sold 1,000 shares of CompX International stock in a transaction that occurred on Thursday, November 14th. The stock was sold at an average price of $29.02, for a total value of $29,020.00. Following the sale, the director now directly owns 5,650 shares in the company, valued at approximately $163,963. This trade represents a 15.04 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.38% of the company’s stock.

CompX International 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.