Valhi (NYSE:VHI) Share Price Passes Below 200 Day Moving Average – What’s Next?

Valhi, Inc. (NYSE:VHI) passed below its 200-day moving average during trading on Thursday . The stock has a 200-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 trading hands.

Analysts Set New Price Targets

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

Valhi Price Performance

The company has a quick ratio of 1.65, a current ratio of 2.79 and a debt-to-equity ratio of 0.39. The firm’s 50-day moving average is $20.87 and its 200-day moving average is $26.52. The company has a market cap of $465.17 million, a PE ratio of 5.27 and a beta of 1.19.

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

Valhi Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Monday, March 17th will be paid a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a yield of 1.95%. Valhi’s payout ratio is currently 10.26%.

Institutional Investors Weigh In On Valhi

Hedge funds have recently bought and sold shares of the business. Public Employees Retirement System of Ohio boosted its stake in Valhi by 105.8% during the fourth 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 lifted its stake in shares of Valhi by 12.2% in the fourth quarter. Rhumbline Advisers now owns 4,325 shares of the basic materials company’s stock worth $101,000 after buying an additional 469 shares in the last quarter. Barclays PLC lifted its stake in shares of Valhi by 322.8% in the third quarter. Barclays PLC now owns 3,129 shares of the basic materials company’s stock worth $104,000 after buying an additional 2,389 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in shares of Valhi by 276.3% in the fourth quarter. JPMorgan Chase & Co. now owns 5,565 shares of the basic materials company’s stock worth $130,000 after buying an additional 4,086 shares in the last quarter. Finally, BNP Paribas Financial Markets bought a new position in shares of Valhi in the fourth quarter worth approximately $202,000. Institutional investors 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.