Valhi (NYSE:VHI) Shares Gap Up - What's Next?

Valhi, Inc. (NYSE:VHI - Get Free Report) shares gapped up before the market opened on Wednesday . The stock had previously closed at $17.36, but opened at $18.03. Valhi shares last traded at $17.86, with a volume of 2,115 shares.

Valhi Stock Up 0.2 %

The company has a market capitalization of $484.27 million, a PE ratio of 5.49 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 business has a fifty day moving average of $19.15 and a 200 day moving average of $25.27.

Valhi (NYSE:VHI - Get Free Report) last posted its quarterly earnings data on Thursday, March 6th. The basic materials company reported $0.80 EPS for the quarter, beating the consensus estimate of $0.60 by $0.20. Valhi had a net margin of 4.29% and a return on equity of 6.90%. The business had revenue of $480.90 million during the quarter.

Valhi Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, March 28th. Shareholders of record on Monday, March 17th were paid a $0.08 dividend. The ex-dividend date was Monday, March 17th. This represents a $0.32 annualized dividend and a dividend yield of 1.87%. Valhi's dividend payout ratio (DPR) is 8.47%.

Institutional Trading of Valhi

Several hedge funds have recently modified their holdings of VHI. Public Employees Retirement System of Ohio grew its stake 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 in the last quarter. Barclays PLC grew its position in shares of Valhi by 322.8% during the third 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. Rhumbline Advisers increased its stake in shares of Valhi by 12.2% during the fourth quarter. Rhumbline Advisers now owns 4,325 shares of the basic materials company's stock worth $101,000 after buying an additional 469 shares during the period. JPMorgan Chase & Co. raised its holdings in Valhi by 276.3% in the fourth quarter. JPMorgan Chase & Co. now owns 5,565 shares of the basic materials company's stock valued at $130,000 after acquiring an additional 4,086 shares in the last quarter. Finally, Martingale Asset Management L P acquired a new stake in Valhi in the third quarter valued at approximately $217,000. 3.83% of the stock is currently owned by institutional investors and hedge funds.

Remove Ads

About Valhi

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.