2 weeks Ago By ABMN Staff
Valhi, Inc. ( NYSE:VHI – Get Free Report ) traded down 5.8% during trading on Friday .
The stock traded as low as $32.31 and last traded at $32.31.
10,075 shares traded hands during mid-day trading, a decline of 25% from the average session volume of 13,510 shares. The stock had previously closed at $34.29.
Wall Street Analysts Forecast Growth A number of research firms recently commented on VHI. StockNews.com raised shares of Valhi from a “buy” rating to a “strong-buy” rating in a report on Monday, August 12th.
Barclays boosted their price target on Valhi from $11.00 to $20.00 and gave the stock an “underweight” rating in a research note on Wednesday.
Read Our Latest Analysis on Valhi Valhi Price Performance Valhi ( NYSE:VHI – Get Free Report ) last issued its quarterly earnings data on Thursday, August 8th. The basic materials company reported $0.70 EPS for the quarter, beating analysts’ consensus estimates of $0.
29 by $0.41. Valhi had a net margin of 1.
27% and a return on equity of 2.02%. The firm had revenue of $559.
70 million for the quarter. Valhi Dividend Announcement The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 26th. Stockholders of record on Friday, September 6th were paid a dividend of $0.
08 per share. The ex-dividend date of this dividend was Friday, September 6th. This represents a $0.
32 dividend on an annualized basis and a dividend yield of 0.95%. Valhi’s dividend payout ratio (DPR) is 1,600.
00%. Institutional Inflows and Outflows A hedge fund recently raised its stake in Valhi stock. Empowered Funds LLC raised its position in Valhi, Inc.
( NYSE:VHI – Free Report ) by 8.1% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor 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 about 0.41% of Valhi worth $2,012,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 3.
83% of the company’s stock. About Valhi ( Get Free Report ) 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.
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