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

Shares of Valhi, Inc. (NYSE:VHI) reached a new 52-week high during mid-day trading on Tuesday . The stock 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 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 company has a 50-day simple moving average of $18.13 and a two-hundred day simple moving average of $16.42. The stock has a market capitalization of $617.53 million, a price-to-earnings ratio of 1,052.50 and a beta of 1.27.

Valhi (NYSE:VHI) last issued its 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 firm had revenue of $559.70 million for the quarter.

Valhi Announces Dividend

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

Institutional Inflows and Outflows

An institutional investor recently raised its position in Valhi stock. Empowered Funds LLC grew its holdings in shares of Valhi, Inc. (NYSE:VHI) by 8.1% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 117,129 shares of the basic materials company’s stock after purchasing an additional 8,750 shares during the period. Empowered Funds LLC owned approximately 0.41% of Valhi worth $2,012,000 at the end of the most recent reporting period. 3.83% of the stock is currently 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.