Valhi, Inc. (NYSE:VHI) Shares Purchased by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC boosted its holdings in Valhi, Inc. (NYSE:VHI – Get Rating) by 226.8% during the third quarter, HoldingsChannel reports. The fund owned 26,922 shares of the basic materials company’s stock after buying an additional 18,685 shares during the period. Janney Montgomery Scott LLC’s holdings in Valhi were worth $677,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in VHI. Federated Hermes Inc. lifted its holdings in Valhi by 108.9% in the first quarter. Federated Hermes Inc. now owns 1,038 shares of the basic materials company’s stock valued at $30,000 after acquiring an additional 541 shares during the last quarter. UBS Group AG lifted its holdings in Valhi by 39.9% in the first quarter. UBS Group AG now owns 1,440 shares of the basic materials company’s stock valued at $42,000 after acquiring an additional 411 shares during the last quarter. Gladius Capital Management LP acquired a new position in Valhi in the second quarter valued at approximately $60,000. Lazard Asset Management LLC lifted its stake in Valhi by 30.9% during the first quarter. Lazard Asset Management LLC now owns 3,170 shares of the basic materials company’s stock worth $92,000 after purchasing an additional 748 shares in the last quarter. Finally, Denali Advisors LLC lifted its stake in Valhi by 25.4% during the third quarter. Denali Advisors LLC now owns 7,021 shares of the basic materials company’s stock worth $177,000 after purchasing an additional 1,421 shares in the last quarter. 4.76% of the stock is currently owned by institutional investors and hedge funds.

Valhi Stock Up 3.9 %

NYSE:VHI opened at $24.18 on Friday. The company has a quick ratio of 2.22, a current ratio of 3.34 and a debt-to-equity ratio of 0.44. The stock’s fifty day moving average is $23.24 and its two-hundred day moving average is $30.46. Valhi, Inc. has a 52 week low of $20.83 and a 52 week high of $54.06. The stock has a market capitalization of $683.79 million, a price-to-earnings ratio of 4.55 and a beta of 1.38.

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

Valhi Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, December 22nd. Stockholders of record on Thursday, December 1st were given a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a dividend yield of 1.32%. The ex-dividend date of this dividend was Wednesday, November 30th. Valhi’s dividend payout ratio is currently 6.02%.

Analyst Upgrades and Downgrades

Separately, StockNews.com cut Valhi from a “strong-buy” rating to a “buy” rating in a research note on Monday, November 7th.

Valhi 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.