Valhi (NYSE:VHI) Trading Down 6.4% – Here’s Why

Shares of Valhi, Inc. (NYSE:VHI) 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 were traded during trading, a decline of 75% from the average session volume of 14,942 shares. The stock had previously closed at $24.07.

Analysts Set New Price Targets

VHI has been the topic of several recent analyst reports. StockNews.com lowered Valhi from a “strong-buy” rating to a “buy” rating in a research report on Monday, November 11th. Barclays upped their price objective on shares of Valhi from $11.00 to $20.00 and gave the company an “underweight” rating in a report on Wednesday, September 25th.

Valhi Stock Up 3.5 %

The company has a quick ratio of 1.65, a current ratio of 2.79 and a debt-to-equity ratio of 0.39. The company has a market capitalization of $689.53 million, a price-to-earnings ratio of 7.81 and a beta of 1.22. The business’s 50-day moving average is $23.91 and its 200-day moving average is $26.32.

Valhi (NYSE:VHI) last issued its quarterly earnings data on Thursday, November 7th. The basic materials company reported $2.01 EPS for the quarter. The business had revenue of $533.60 million for the quarter. Valhi had a net margin of 4.29% and a return on equity of 6.90%.

Valhi Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, December 19th. Stockholders of record on Friday, November 29th were paid a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a dividend yield of 1.31%. The ex-dividend date was Friday, November 29th. Valhi’s payout ratio is 10.26%.

Hedge Funds Weigh In On Valhi

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Ritholtz Wealth Management boosted its stake in shares of Valhi by 90.2% in the fourth quarter. Ritholtz Wealth Management now owns 13,882 shares of the basic materials company’s stock worth $325,000 after acquiring an additional 6,585 shares during the last quarter. CWA Asset Management Group LLC lifted 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 in the last quarter. Barclays PLC boosted its stake in Valhi by 322.8% during the 3rd quarter. Barclays PLC now owns 3,129 shares of the basic materials company’s stock worth $104,000 after purchasing an additional 2,389 shares during the last quarter. Geode Capital Management LLC boosted its stake in Valhi by 3.4% during the 3rd 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 last quarter. Finally, Greenwood Gearhart Inc. purchased a new stake in shares of Valhi during the third quarter worth $268,000. 3.83% of the stock is owned by hedge funds and other institutional investors.

Valhi Company Profile

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.