Segall Bryant & Hamill LLC Buys Shares of 62,188 Valhi, Inc. (NYSE:VHI)

Segall Bryant & Hamill LLC bought a new position in shares of Valhi, Inc. (NYSE:VHI - Free Report) in the first quarter, according to the company in its most recent filing with the SEC. The fund bought 62,188 shares of the basic materials company's stock, valued at approximately $1,011,000. Segall Bryant & Hamill LLC owned 0.22% of Valhi as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of the company. GAMMA Investing LLC boosted its stake in shares of Valhi by 6,670.8% during the 1st quarter. GAMMA Investing LLC now owns 1,625 shares of the basic materials company's stock valued at $26,000 after buying an additional 1,601 shares during the last quarter. Public Employees Retirement System of Ohio lifted its stake in Valhi by 105.8% during the fourth 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 during the last quarter. JPMorgan Chase & Co. lifted its stake in Valhi by 276.3% during the fourth quarter. JPMorgan Chase & Co. now owns 5,565 shares of the basic materials company's stock worth $130,000 after purchasing an additional 4,086 shares during the last quarter. BNP Paribas Financial Markets bought a new position in Valhi during the fourth quarter worth $202,000. Finally, Millennium Management LLC bought a new position in Valhi during the fourth quarter worth $203,000. Hedge funds and other institutional investors own 3.83% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on VHI shares. Wall Street Zen upgraded Valhi from a "hold" rating to a "buy" rating in a research note on Tuesday, May 20th. Barclays reduced their price objective on Valhi from $20.00 to $12.00 and set an "underweight" rating on the stock in a research note on Wednesday, May 28th.

Valhi Trading Up 0.7%

NYSE VHI traded up $0.13 on Wednesday, hitting $17.67. 7,454 shares of the company were exchanged, compared to its average volume of 23,996. The company's 50 day moving average price is $16.35 and its 200-day moving average price is $17.78. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.67 and a quick ratio of 1.29. The firm has a market capitalization of $499.92 million, a P/E ratio of 4.31 and a beta of 1.29. Valhi, Inc. has a twelve month low of $14.10 and a twelve month high of $41.75.

Valhi (NYSE:VHI - Get Free Report) last posted its earnings results on Thursday, May 8th. The basic materials company reported $0.59 earnings per share for the quarter, missing the consensus estimate of $0.66 by ($0.07). Valhi had a return on equity of 8.60% and a net margin of 5.54%. The company had revenue of $538.60 million during the quarter.

Valhi Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 26th. Stockholders of record on Monday, June 9th were issued a dividend of $0.08 per share. The ex-dividend date was Monday, June 9th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 1.81%. Valhi's dividend payout ratio (DPR) is presently 7.80%.

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.