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

Valhi, Inc. (NYSE:VHI)’s share price reached 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. The stock had previously closed at $20.85.

Analyst Upgrades and Downgrades

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

Valhi Price Performance

The company has a debt-to-equity ratio of 0.39, a current ratio of 3.49 and a quick ratio of 2.24. The stock has a market cap of $617.53 million, a price-to-earnings ratio of 1,052.50 and a beta of 1.27. The stock has a fifty day moving average of $18.13 and a 200 day moving average of $16.42.

Valhi (NYSE:VHI) last announced its quarterly earnings results on Thursday, August 8th. The basic materials company reported $0.70 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 26th. Shareholders of record on Friday, September 6th will be issued a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a yield of 1.47%. The ex-dividend date of this dividend is Friday, September 6th. Valhi’s payout ratio is presently 1,600.00%.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Valhi stock. Jacobs Levy Equity Management Inc. grew its holdings in Valhi, Inc. (NYSE:VHI) by 28.4% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 20,879 shares of the basic materials company’s stock after buying an additional 4,620 shares during the quarter. Jacobs Levy Equity Management Inc. owned 0.07% of Valhi worth $359,000 as of its most recent SEC filing. 3.83% of the stock is owned by institutional investors and hedge funds.

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.