Raymond James Financial Services Advisors Inc. purchased a new stake in Valhi, Inc. (NYSE:VHI) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 86,795 shares of the basic materials company’s stock, valued at approximately $536,000.
A number of other large investors have also recently made changes to their positions in the business. TIAA CREF Investment Management LLC boosted its holdings in Valhi by 173.4% during the second quarter. TIAA CREF Investment Management LLC now owns 164,351 shares of the basic materials company’s stock valued at $490,000 after acquiring an additional 104,246 shares during the period. Chicago Equity Partners LLC raised its position in shares of Valhi by 55.9% during the fourth quarter. Chicago Equity Partners LLC now owns 98,105 shares of the basic materials company’s stock valued at $605,000 after buying an additional 35,170 shares during the last quarter. Alambic Investment Management L.P. raised its position in shares of Valhi by 806.7% during the fourth quarter. Alambic Investment Management L.P. now owns 158,667 shares of the basic materials company’s stock valued at $979,000 after buying an additional 141,167 shares during the last quarter. Acadian Asset Management LLC raised its position in shares of Valhi by 50.9% during the fourth quarter. Acadian Asset Management LLC now owns 243,186 shares of the basic materials company’s stock valued at $1,499,000 after buying an additional 82,056 shares during the last quarter. Finally, Goldman Sachs Group Inc. acquired a new position in shares of Valhi during the second quarter valued at about $133,000. 2.66% of the stock is currently owned by institutional investors.
Valhi, Inc. (NYSE:VHI) traded down $0.02 on Friday, hitting $6.29. 1,797 shares of the stock traded hands, compared to its average volume of 173,633. Valhi, Inc. has a twelve month low of $2.13 and a twelve month high of $7.28. The company has a market capitalization of $2,201.22, a PE ratio of 7.73 and a beta of 2.69. The company has a debt-to-equity ratio of 10.48, a current ratio of 3.81 and a quick ratio of 2.61.
Valhi (NYSE:VHI) last announced its quarterly earnings data on Thursday, March 15th. The basic materials company reported $0.32 earnings per share (EPS) for the quarter. The firm had revenue of $495.90 million for the quarter. Valhi had a net margin of 10.70% and a negative return on equity of 377.13%.
The company also recently announced a quarterly dividend, which was paid on Thursday, March 22nd. Shareholders of record on Monday, March 12th were issued a $0.02 dividend. The ex-dividend date of this dividend was Friday, March 9th. This represents a $0.08 annualized dividend and a yield of 1.27%. Valhi’s dividend payout ratio (DPR) is presently 13.11%.
Separately, ValuEngine raised shares of Valhi from a “sell” rating to a “hold” rating in a research report on Friday, February 2nd.
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Valhi Company Profile
Valhi, Inc is a holding company. The Company operates through three segments: Chemicals, Component Products, and Real Estate Management and Development. The Company operates through its subsidiaries, including NL Industries, Inc, Kronos Worldwide, Inc (Kronos) and CompX International Inc (CompX). The Chemicals segment operates through Kronos.
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