Valhi (NYSE:VHI) Stock Price Crosses Below Two Hundred Day Moving Average of $31.18

Shares of Valhi, Inc. (NYSE:VHIGet Rating) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $31.18 and traded as low as $24.35. Valhi shares last traded at $24.64, with a volume of 3,349 shares traded.

Wall Street Analysts Forecast Growth

Separately, StockNews.com downgraded shares of Valhi from a “strong-buy” rating to a “buy” rating in a report on Monday, November 7th.

Valhi Trading Down 0.1 %

The firm has a market capitalization of $696.79 million, a PE ratio of 4.63 and a beta of 1.38. The company has a debt-to-equity ratio of 0.44, a quick ratio of 2.22 and a current ratio of 3.34. The company’s 50-day moving average price is $23.12 and its 200-day moving average price is $31.18.

Valhi (NYSE:VHIGet Rating) last issued its quarterly earnings results on Thursday, November 3rd. The basic materials company reported $0.92 earnings per share (EPS) for the quarter. Valhi had a net margin of 6.06% and a return on equity of 12.58%. The business had revenue of $556.30 million for the quarter.

Valhi Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, December 22nd. Investors of record on Thursday, December 1st were given a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a yield of 1.30%. The ex-dividend date of this dividend was Wednesday, November 30th. Valhi’s dividend payout ratio (DPR) is 6.02%.

Institutional Investors Weigh In On Valhi

Large investors have recently added to or reduced their stakes in the company. Bank of New York Mellon Corp lifted its position in shares of Valhi by 3.7% in the 3rd quarter. Bank of New York Mellon Corp now owns 98,984 shares of the basic materials company’s stock worth $2,490,000 after buying an additional 3,547 shares during the last quarter. Public Employees Retirement System of Ohio acquired a new position in shares of Valhi in the 3rd quarter worth approximately $88,000. Jacobs Levy Equity Management Inc. grew its stake in shares of Valhi by 308.2% in the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 57,171 shares of the basic materials company’s stock worth $1,438,000 after purchasing an additional 43,167 shares during the last quarter. Two Sigma Investments LP increased its position in shares of Valhi by 139.4% in the third quarter. Two Sigma Investments LP now owns 12,210 shares of the basic materials company’s stock worth $307,000 after acquiring an additional 7,110 shares in the last quarter. Finally, BlackRock Inc. increased its position in shares of Valhi by 2.6% in the third quarter. BlackRock Inc. now owns 146,124 shares of the basic materials company’s stock worth $3,677,000 after acquiring an additional 3,771 shares in the last quarter. 4.76% of the stock is owned by institutional investors and hedge funds.

Valhi Company Profile

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Valhi, Inc engages in the chemicals, component products, and real estate management and development businesses in the Asia Pacific, Europe, North America, 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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