Valhi, Inc. (NYSE:VHI - Get Free Report) shares saw strong trading volume on Thursday . 73,465 shares traded hands during trading, an increase of 248% from the previous session's volume of 21,084 shares.The stock last traded at $18.91 and had previously closed at $18.60.
Valhi Stock Up 2.3 %
The firm has a market capitalization of $504.92 million, a PE ratio of 5.72 and a beta of 1.19. The company has a current ratio of 2.79, a quick ratio of 1.65 and a debt-to-equity ratio of 0.39. The firm has a 50-day moving average of $19.69 and a two-hundred day moving average of $25.63.
Valhi (NYSE:VHI - Get Free Report) last released its quarterly earnings data on Thursday, March 6th. The basic materials company reported $0.80 EPS for the quarter, topping analysts' consensus estimates of $0.60 by $0.20. Valhi had a return on equity of 6.90% and a net margin of 4.29%. The company had revenue of $480.90 million for the quarter.
Valhi Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Monday, March 17th will be given a dividend of $0.08 per share. The ex-dividend date of this dividend is Monday, March 17th. This represents a $0.32 dividend on an annualized basis and a yield of 1.79%. Valhi's dividend payout ratio (DPR) is 8.47%.
Institutional Investors Weigh In On Valhi
Several large investors have recently made changes to their positions in VHI. Public Employees Retirement System of Ohio boosted its position in Valhi by 105.8% during the 4th quarter. Public Employees Retirement System of Ohio now owns 2,488 shares of the basic materials company's stock worth $58,000 after purchasing an additional 1,279 shares during the period. Squarepoint Ops LLC purchased a new stake in shares of Valhi in the fourth quarter worth about $315,000. Millennium Management LLC acquired a new stake in shares of Valhi in the fourth quarter valued at about $203,000. Jacobs Levy Equity Management Inc. raised its holdings in shares of Valhi by 52.9% during the 4th quarter. Jacobs Levy Equity Management Inc. now owns 50,414 shares of the basic materials company's stock valued at $1,179,000 after buying an additional 17,439 shares during the period. Finally, Bridgeway Capital Management LLC raised its holdings in shares of Valhi by 1.1% during the 4th quarter. Bridgeway Capital Management LLC now owns 234,976 shares of the basic materials company's stock valued at $5,496,000 after buying an additional 2,600 shares during the period. Institutional investors and hedge funds own 3.83% of the company's stock.
Valhi Company Profile
(
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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