Valhi, Inc. (NYSE:VHI - Get Free Report)'s stock price gapped up prior to trading on Monday . The stock had previously closed at $17.33, but opened at $17.99. Valhi shares last traded at $18.46, with a volume of 6,366 shares changing hands.
Valhi Price Performance
The business has a fifty day moving average of $19.76 and a 200 day moving average of $25.76. The firm has a market cap of $497.14 million, a P/E ratio of 5.63 and a beta of 1.19. The company has a quick ratio of 1.65, a current ratio of 2.79 and a debt-to-equity ratio of 0.39.
Valhi (NYSE:VHI - Get Free Report) last issued its earnings results on Thursday, March 6th. The basic materials company reported $0.80 EPS for the quarter, topping the consensus estimate of $0.60 by $0.20. The company had revenue of $480.90 million during the quarter. Valhi had a return on equity of 6.90% and a net margin of 4.29%.
Valhi Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Monday, March 17th will be issued a $0.08 dividend. The ex-dividend date is Monday, March 17th. This represents a $0.32 annualized dividend and a dividend yield of 1.82%. Valhi's dividend payout ratio is currently 8.47%.
Institutional Trading of Valhi
Several hedge funds and other institutional investors have recently modified their holdings of the stock. Public Employees Retirement System of Ohio raised its holdings 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 acquiring an additional 1,279 shares during the period. Squarepoint Ops LLC bought a new position in shares of Valhi during the fourth quarter worth approximately $315,000. Millennium Management LLC bought a new position in shares of Valhi during the fourth quarter worth approximately $203,000. Jacobs Levy Equity Management Inc. lifted its holdings in 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 worth $1,179,000 after purchasing an additional 17,439 shares during the last quarter. Finally, Bridgeway Capital Management LLC boosted its stake in Valhi by 1.1% in 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 purchasing an additional 2,600 shares during the period. 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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