Valhi, Inc. (NYSE:VHI - Get Free Report) shares gapped up before the market opened on Tuesday . The stock had previously closed at $22.57, but opened at $23.15. Valhi shares last traded at $23.40, with a volume of 3,602 shares trading hands.
Wall Street Analysts Forecast Growth
A number of equities research analysts have issued reports on VHI shares. Barclays lifted 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. StockNews.com downgraded Valhi from a "strong-buy" rating to a "buy" rating in a research note on Monday, November 11th.
Check Out Our Latest Stock Analysis on Valhi
Valhi Stock Up 3.6 %
The stock has a market cap of $661.82 million, a price-to-earnings ratio of 7.50 and a beta of 1.20. The business has a fifty day moving average of $28.14 and a 200 day moving average of $25.77. The company has a debt-to-equity ratio of 0.39, a current ratio of 2.79 and a quick ratio of 1.65.
Valhi Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, December 19th. Investors of record on Friday, November 29th were paid a $0.08 dividend. This represents a $0.32 annualized dividend and a dividend yield of 1.37%. The ex-dividend date was Friday, November 29th. Valhi's payout ratio is presently 10.26%.
Institutional Investors Weigh In On Valhi
Large investors have recently bought and sold shares of the business. Ritholtz Wealth Management acquired a new stake in shares of Valhi in the third quarter worth about $244,000. CWA Asset Management Group LLC acquired a new stake in Valhi in the 3rd quarter worth approximately $408,000. Empowered Funds LLC boosted its position in Valhi by 10.1% during the third quarter. Empowered Funds LLC now owns 138,849 shares of the basic materials company's stock worth $4,633,000 after purchasing an additional 12,720 shares during the period. Segall Bryant & Hamill LLC acquired a new position in Valhi during the third quarter valued at approximately $1,409,000. Finally, Martingale Asset Management L P bought a new position in shares of Valhi in the third quarter valued at approximately $217,000. 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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