Teachers Advisors LLC Buys 13,643 Shares of Valhi, Inc. (VHI)
Teachers Advisors LLC raised its stake in shares of Valhi, Inc. (NYSE:VHI) by 43.5% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 44,992 shares of the basic materials company’s stock after buying an additional 13,643 shares during the period. Teachers Advisors LLC’s holdings in Valhi were worth $134,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently bought and sold shares of VHI. Chicago Equity Partners LLC bought a new position in Valhi during the second quarter valued at about $155,000. TIAA CREF Investment Management LLC raised its holdings in Valhi by 3.4% during the first quarter. TIAA CREF Investment Management LLC now owns 60,105 shares of the basic materials company’s stock valued at $197,000 after buying an additional 1,986 shares in the last quarter. Strs Ohio bought a new position in Valhi during the second quarter valued at about $245,000. Schwab Charles Investment Management Inc. raised its holdings in Valhi by 105.9% during the second quarter. Schwab Charles Investment Management Inc. now owns 148,158 shares of the basic materials company’s stock valued at $442,000 after buying an additional 76,186 shares in the last quarter. Finally, Spark Investment Management LLC raised its holdings in Valhi by 266.1% during the second quarter. Spark Investment Management LLC now owns 176,100 shares of the basic materials company’s stock valued at $524,000 after buying an additional 128,000 shares in the last quarter. Institutional investors own 2.12% of the company’s stock.
Valhi, Inc. (NYSE VHI) opened at $5.87 on Thursday. The company has a debt-to-equity ratio of -18.05, a current ratio of 3.44 and a quick ratio of 2.44. The company has a market capitalization of $1,855.27, a PE ratio of 9.95 and a beta of 2.93. Valhi, Inc. has a 12 month low of $2.13 and a 12 month high of $5.89.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 22nd. Stockholders of record on Wednesday, December 6th will be paid a $0.02 dividend. The ex-dividend date of this dividend is Tuesday, December 5th. This represents a $0.08 dividend on an annualized basis and a dividend yield of 1.36%. Valhi’s payout ratio is presently 34.78%.
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Several equities analysts have weighed in on VHI shares. ValuEngine upgraded Valhi from a “sell” rating to a “hold” rating in a report on Wednesday, October 25th. BidaskClub lowered Valhi from a “hold” rating to a “sell” rating in a research note on Tuesday, August 1st. Finally, Barclays PLC lifted their price objective on Valhi from $3.00 to $5.00 and gave the stock an “underweight” rating in a research note on Wednesday, November 15th.
Valhi Company Profile
Valhi, Inc is a holding company. The Company operates through four segments: Chemicals, Component Products, Waste Management, and Real Estate Management and Development. The Company operates through its subsidiaries, including NL Industries, Inc, Kronos Worldwide, Inc (Kronos), CompX International Inc (CompX) and Waste Control Specialists LLC (WCS).
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