Shares of Valhi, Inc. (NYSE:VHI - Get Free Report) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $26.52 and traded as low as $15.50. Valhi shares last traded at $16.44, with a volume of 18,777 shares traded.
Analysts Set New Price Targets
Separately, StockNews.com lowered Valhi from a "strong-buy" rating to a "buy" rating in a research report on Monday, November 11th.
View Our Latest Stock Analysis on VHI
Valhi Price Performance
The business's fifty day moving average is $20.65 and its 200 day moving average is $26.40. The company has a market cap of $476.94 million, a P/E ratio of 5.40 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.
Valhi (NYSE:VHI - Get Free Report) last issued its quarterly earnings results on Thursday, March 6th. The basic materials company reported $0.80 EPS for the quarter, beating analysts' consensus estimates of $0.60 by $0.20. The firm had revenue of $480.90 million for the quarter. Valhi had a return on equity of 6.90% and a net margin of 4.29%.
Valhi Dividend Announcement
The firm also recently announced 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 is Monday, March 17th. This represents a $0.32 dividend on an annualized basis and a yield of 1.90%. Valhi's dividend payout ratio is presently 8.47%.
Institutional Trading of Valhi
Hedge funds and other institutional investors have recently modified their holdings of the business. Public Employees Retirement System of Ohio grew its stake in Valhi by 105.8% in the 4th quarter. Public Employees Retirement System of Ohio now owns 2,488 shares of the basic materials company's stock valued at $58,000 after buying an additional 1,279 shares in the last quarter. Squarepoint Ops LLC bought a new position in shares of Valhi in the fourth quarter worth $315,000. Millennium Management LLC purchased a new position in shares of Valhi in the fourth quarter valued at $203,000. Jacobs Levy Equity Management Inc. raised its stake 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 purchasing an additional 17,439 shares during the period. Finally, Bridgeway Capital Management LLC lifted its holdings in Valhi by 1.1% during the 4th quarter. Bridgeway Capital Management LLC now owns 234,976 shares of the basic materials company's stock worth $5,496,000 after purchasing an additional 2,600 shares in the last quarter. Institutional investors own 3.83% of the company's stock.
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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