Valhi, Inc. (NYSE:VHI - Get Free Report) gapped up before the market opened on Monday . The stock had previously closed at $33.78, but opened at $35.61. Valhi shares last traded at $35.61, with a volume of 508 shares changing hands.
Analyst Upgrades and Downgrades
A number of brokerages recently issued reports on VHI. Barclays raised their price target on Valhi from $11.00 to $20.00 and gave the stock an "underweight" rating in a research report on Wednesday, September 25th. StockNews.com raised shares of Valhi from a "buy" rating to a "strong-buy" rating in a research note on Monday, August 12th.
View Our Latest Research Report on VHI
Valhi Stock Performance
The company has a debt-to-equity ratio of 0.39, a current ratio of 3.49 and a quick ratio of 2.24. The stock has a market capitalization of $1.01 billion, a PE ratio of 1,802.50 and a beta of 1.29. The firm has a fifty day moving average price of $27.88 and a two-hundred day moving average price of $21.04.
Valhi (NYSE:VHI - Get Free Report) last issued its earnings results on Thursday, August 8th. The basic materials company reported $0.70 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.29 by $0.41. The firm had revenue of $559.70 million during the quarter. Valhi had a net margin of 1.27% and a return on equity of 2.02%.
Valhi Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Thursday, September 26th. Stockholders of record on Friday, September 6th were given a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.90%. The ex-dividend date was Friday, September 6th. Valhi's dividend payout ratio (DPR) is presently 1,600.00%.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently bought and sold shares of the company. Ritholtz Wealth Management purchased a new stake in shares of Valhi in the 3rd quarter worth $244,000. Jacobs Levy Equity Management Inc. raised its holdings in shares of Valhi by 28.4% in the first quarter. Jacobs Levy Equity Management Inc. now owns 20,879 shares of the basic materials company's stock valued at $359,000 after acquiring an additional 4,620 shares in the last quarter. Finally, Empowered Funds LLC lifted its stake in Valhi by 8.1% in the first quarter. Empowered Funds LLC now owns 117,129 shares of the basic materials company's stock worth $2,012,000 after acquiring an additional 8,750 shares during the period. Institutional investors own 3.83% of the company's stock.
About Valhi
(
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Valhi, Inc engages in the chemicals, component products, and real estate management and development businesses in Europe, North America, the Asia Pacific, and internationally. The company's Chemicals segment produces and markets titanium dioxide pigments (TiO2), which are white inorganic pigments used in various applications by paint, plastics, decorative laminate, and paper manufacturers.
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