Valhi (NYSE:VHI) Stock Price Passes Below 200 Day Moving Average – Here’s What Happened

Valhi, Inc. (NYSE:VHI)’s stock price passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $26.52 and traded as low as $15.50. Valhi shares last traded at $16.44, with a volume of 18,777 shares changing hands.

Analyst Ratings Changes

Separately, StockNews.com downgraded shares of Valhi from a “strong-buy” rating to a “buy” rating in a report on Monday, November 11th.

Valhi Price Performance

The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.65 and a current ratio of 2.79. The company has a market capitalization of $478.78 million, a P/E ratio of 5.42 and a beta of 1.19. The firm’s fifty day moving average is $20.65 and its 200 day moving average is $26.39.

Valhi (NYSE:VHI) last issued its earnings results on Thursday, March 6th. The basic materials company reported $0.80 EPS for the quarter, topping analysts’ consensus estimates of $0.60 by $0.20. The business had revenue of $480.90 million for the quarter. Valhi had a net margin of 4.29% and a return on equity of 6.90%.

Valhi Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Monday, March 17th will be paid a $0.08 dividend. The ex-dividend date of this dividend is Monday, March 17th. This represents a $0.32 dividend on an annualized basis and a yield of 1.89%. Valhi’s dividend payout ratio is currently 10.26%.

Hedge Funds Weigh In On Valhi

A number of hedge funds have recently added to or reduced their stakes in VHI. Public Employees Retirement System of Ohio grew its stake in Valhi by 105.8% in the 4th quarter. Public Employees Retirement System of Ohio now owns 2,488 shares of the basic materials company’s stock worth $58,000 after acquiring an additional 1,279 shares in the last quarter. Rhumbline Advisers boosted its stake in shares of Valhi by 12.2% during 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. Barclays PLC boosted its stake in shares of Valhi by 322.8% during the third quarter. Barclays PLC now owns 3,129 shares of the basic materials company’s stock valued at $104,000 after purchasing an additional 2,389 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in shares of Valhi by 276.3% during 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 bought a new position in shares of Valhi during the fourth quarter valued at approximately $202,000. 3.83% of the stock is currently owned by 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.