Valhi (NYSE:VHI) Stock Price Down 6.4% - What's Next?

Valhi, Inc. (NYSE:VHI - Get Free Report)'s stock price traded down 6.4% during mid-day trading on Tuesday . The company traded as low as $23.28 and last traded at $22.53. 3,730 shares changed hands during mid-day trading, a decline of 75% from the average session volume of 14,942 shares. The stock had previously closed at $24.07.

Wall Street Analysts Forecast Growth

VHI has been the topic of several research reports. Barclays boosted their target price on Valhi from $11.00 to $20.00 and gave the company an "underweight" rating in a research note on Wednesday, September 25th. StockNews.com cut Valhi from a "strong-buy" rating to a "buy" rating in a research note on Monday, November 11th.

Valhi Stock Down 1.5 %

The stock's 50 day moving average is $23.99 and its 200 day moving average is $26.33. The company has a market capitalization of $670.93 million, a PE ratio of 7.60 and a beta of 1.22. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.65 and a current ratio of 2.79.

Valhi (NYSE:VHI - Get Free Report) last posted its earnings results on Thursday, November 7th. The basic materials company reported $2.01 earnings per share (EPS) for the quarter. The firm had revenue of $533.60 million for 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 announced a quarterly dividend, which was paid on Thursday, December 19th. Shareholders of record on Friday, November 29th were paid a $0.08 dividend. The ex-dividend date of this dividend was Friday, November 29th. This represents a $0.32 annualized dividend and a yield of 1.35%. Valhi's dividend payout ratio is currently 10.26%.

Institutional Investors Weigh In On Valhi

Institutional investors and hedge funds have recently modified their holdings of the company. Ritholtz Wealth Management grew its stake in Valhi by 90.2% during the fourth quarter. Ritholtz Wealth Management now owns 13,882 shares of the basic materials company's stock valued at $325,000 after acquiring an additional 6,585 shares in the last quarter. CWA Asset Management Group LLC boosted its holdings in Valhi by 36.0% in the 4th quarter. CWA Asset Management Group LLC now owns 16,642 shares of the basic materials company's stock valued at $389,000 after purchasing an additional 4,406 shares during the period. Barclays PLC grew its position in shares of Valhi by 322.8% during the 3rd quarter. Barclays PLC now owns 3,129 shares of the basic materials company's stock valued at $104,000 after purchasing an additional 2,389 shares in the last quarter. Geode Capital Management LLC increased its holdings in shares of Valhi by 3.4% in the third quarter. Geode Capital Management LLC now owns 53,827 shares of the basic materials company's stock worth $1,796,000 after purchasing an additional 1,794 shares during the period. Finally, Greenwood Gearhart Inc. purchased a new stake in shares of Valhi in the third quarter worth $268,000. 3.83% of the stock is owned by hedge funds and other institutional investors.

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.