Valhi (NYSE:VHI) Sets New 1-Year High at $21.25

Valhi, Inc. (NYSE:VHI) shares hit a new 52-week high during trading on Tuesday . The company traded as high as $21.25 and last traded at $21.25, with a volume of 5017 shares changing hands. The stock had previously closed at $20.85.

Analyst Ratings Changes

Separately, StockNews.com raised Valhi from a “buy” rating to a “strong-buy” rating in a research report on Monday.

Valhi Stock Performance

The company has a debt-to-equity ratio of 0.39, a quick ratio of 2.24 and a current ratio of 3.49. The company’s 50 day moving average price is $18.30 and its 200-day moving average price is $16.55. The company has a market cap of $660.24 million, a PE ratio of 1,167.00 and a beta of 1.27.

Valhi (NYSE:VHI) last posted its quarterly earnings results on Thursday, August 8th. The basic materials company reported $0.70 earnings per share for the quarter, topping the consensus estimate of $0.29 by $0.41. Valhi had a return on equity of 2.02% and a net margin of 1.27%. The company had revenue of $559.70 million during the quarter.

Valhi Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 26th. Stockholders of record on Friday, September 6th will be given a $0.08 dividend. This represents a $0.32 annualized dividend and a dividend yield of 1.37%. The ex-dividend date of this dividend is Friday, September 6th. Valhi’s dividend payout ratio (DPR) is currently 1,600.00%.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Valhi stock. Jacobs Levy Equity Management Inc. grew its stake in shares of Valhi, Inc. (NYSE:VHI) by 28.4% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 20,879 shares of the basic materials company’s stock after buying an additional 4,620 shares during the period. Jacobs Levy Equity Management Inc. owned 0.07% of Valhi worth $359,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 3.83% of the company’s stock.

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.