Valhi, Inc. (NYSE:VHI - Get Free Report) shot up 6% during mid-day trading on Monday . The stock traded as high as $35.20 and last traded at $35.20. 9,470 shares traded hands during mid-day trading, a decline of 34% from the average session volume of 14,309 shares. The stock had previously closed at $33.20.
Wall Street Analyst Weigh In
VHI has been the subject of several analyst reports. StockNews.com raised shares of Valhi from a "buy" rating to a "strong-buy" rating in a research report on Monday, August 12th. Barclays upped their target price on shares of Valhi from $11.00 to $20.00 and gave the company an "underweight" rating in a research note on Wednesday, September 25th.
View Our Latest Analysis on Valhi
Valhi Stock Performance
The firm has a market cap of $1.02 billion, a P/E ratio of 39.91 and a beta of 1.29. The company has a debt-to-equity ratio of 0.39, a quick ratio of 2.24 and a current ratio of 3.49. The business's 50-day simple moving average is $31.89 and its 200 day simple moving average is $23.10.
Valhi (NYSE:VHI - Get Free Report) last posted its quarterly earnings data on Thursday, August 8th. The basic materials company reported $0.70 EPS for the quarter, beating analysts' consensus estimates of $0.29 by $0.41. The company had revenue of $559.70 million during the quarter. Valhi had a return on equity of 2.02% and a net margin of 1.27%.
Valhi Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 26th. Investors of record on Friday, September 6th were issued a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.89%. The ex-dividend date of this dividend was Friday, September 6th. Valhi's payout ratio is 35.56%.
Institutional Inflows and Outflows
Several institutional investors have recently added to or reduced their stakes in the business. CWA Asset Management Group LLC purchased a new stake in shares of Valhi in the 3rd quarter worth $408,000. Ritholtz Wealth Management purchased a new stake in Valhi in the third quarter worth about $244,000. Jacobs Levy Equity Management Inc. raised its stake 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 worth $359,000 after buying an additional 4,620 shares during the period. Finally, Empowered Funds LLC lifted its position in shares of Valhi by 8.1% during the 1st quarter. Empowered Funds LLC now owns 117,129 shares of the basic materials company's stock valued at $2,012,000 after buying an additional 8,750 shares in the last quarter. 3.83% of the stock is currently owned by institutional investors.
About Valhi
(
Get Free Report)
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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