Valhi, Inc. (NYSE:VHI - Get Free Report) shares saw strong trading volume on Friday . 20,691 shares changed hands during trading, an increase of 3% from the previous session's volume of 20,083 shares.The stock last traded at $17.74 and had previously closed at $17.49.
Valhi Trading Down 2.0 %
The business has a 50 day simple moving average of $19.92 and a two-hundred day simple moving average of $25.87. 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 stock has a market cap of $497.23 million, a price-to-earnings ratio of 5.63 and a beta of 1.19.
Valhi (NYSE:VHI - Get Free Report) last released its earnings results 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 business also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Investors 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 1.82%. Valhi's dividend payout ratio is currently 8.47%.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in VHI. Segall Bryant & Hamill LLC acquired a new position in Valhi during the 3rd quarter worth $1,409,000. Geode Capital Management LLC boosted its position in Valhi by 3.4% during the 3rd quarter. Geode Capital Management LLC now owns 53,827 shares of the basic materials company's stock worth $1,796,000 after acquiring an additional 1,794 shares during the period. State Street Corp raised its stake in shares of Valhi by 3.6% in the 3rd quarter. State Street Corp now owns 37,586 shares of the basic materials company's stock worth $1,254,000 after buying an additional 1,307 shares in the last quarter. Barclays PLC raised its stake in shares of Valhi by 322.8% in the 3rd quarter. Barclays PLC now owns 3,129 shares of the basic materials company's stock worth $104,000 after buying an additional 2,389 shares in the last quarter. Finally, Martingale Asset Management L P bought a new stake in shares of Valhi in the 3rd quarter worth $217,000. 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.
Recommended Stories
Before you consider Valhi, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Valhi wasn't on the list.
While Valhi currently has a Sell rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Need to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
