Valhi, Inc. (NYSE:VHI - Get Free Report) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $20.03 and traded as low as $15.12. Valhi shares last traded at $15.59, with a volume of 15,972 shares.
Wall Street Analysts Forecast Growth
A number of analysts recently commented on VHI shares. Wall Street Zen upgraded Valhi from a "hold" rating to a "buy" rating in a report on Tuesday, May 20th. Barclays cut their price target on shares of Valhi from $20.00 to $12.00 and set an "underweight" rating on the stock in a report on Wednesday.
Check Out Our Latest Stock Report on Valhi
Valhi Stock Performance
The company has a market cap of $414.95 million, a P/E ratio of 4.70 and a beta of 1.33. The company's 50-day moving average is $16.23 and its two-hundred day moving average is $19.69. 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, May 8th. The basic materials company reported $0.59 earnings per share for the quarter, missing analysts' consensus estimates of $0.66 by ($0.07). The business had revenue of $538.60 million for the quarter. Valhi had a return on equity of 6.90% and a net margin of 4.29%.
Valhi Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 26th. Stockholders of record on Monday, June 9th will be given a $0.08 dividend. The ex-dividend date is Monday, June 9th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 2.18%. Valhi's dividend payout ratio (DPR) is currently 7.80%.
Hedge Funds Weigh In On Valhi
A number of large investors have recently modified their holdings of VHI. GAMMA Investing LLC boosted its position in shares of Valhi by 6,670.8% in the first quarter. GAMMA Investing LLC now owns 1,625 shares of the basic materials company's stock valued at $26,000 after acquiring an additional 1,601 shares during the period. Public Employees Retirement System of Ohio boosted its position in shares of Valhi by 105.8% in the fourth 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. Rhumbline Advisers raised its stake in Valhi by 12.2% in the fourth quarter. Rhumbline Advisers now owns 4,325 shares of the basic materials company's stock valued at $101,000 after purchasing an additional 469 shares in the last quarter. JPMorgan Chase & Co. raised its stake 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 purchasing an additional 4,086 shares in the last quarter. Finally, BNP Paribas Financial Markets purchased a new stake in Valhi in the fourth quarter valued at approximately $202,000. 3.83% of the stock is currently owned by institutional investors.
About Valhi
(
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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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