Raymond James Financial Services Advisors Inc. acquired a new position in shares of Valhi, Inc. (NYSE:VHI) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 86,795 shares of the basic materials company’s stock, valued at approximately $536,000.
A number of other large investors have also bought and sold shares of VHI. James Investment Research Inc. purchased a new position in Valhi in the fourth quarter worth about $106,000. Goldman Sachs Group Inc. purchased a new position in Valhi in the second quarter worth about $133,000. Teachers Advisors LLC raised its holdings in Valhi by 43.5% in the second quarter. Teachers Advisors LLC now owns 44,992 shares of the basic materials company’s stock worth $134,000 after buying an additional 13,643 shares during the last quarter. Engineers Gate Manager LP purchased a new position in Valhi in the fourth quarter worth about $143,000. Finally, The Manufacturers Life Insurance Company raised its holdings in Valhi by 197.6% in the fourth quarter. The Manufacturers Life Insurance Company now owns 29,027 shares of the basic materials company’s stock worth $178,000 after buying an additional 19,273 shares during the last quarter. 2.66% of the stock is currently owned by institutional investors and hedge funds.
Valhi stock traded down $0.21 during trading hours on Friday, hitting $6.23. The stock had a trading volume of 72,318 shares, compared to its average volume of 173,283. The company has a debt-to-equity ratio of 10.48, a quick ratio of 2.61 and a current ratio of 3.81. Valhi, Inc. has a 12-month low of $2.13 and a 12-month high of $7.28. The stock has a market capitalization of $2,184.26, a PE ratio of 7.67 and a beta of 2.62.
Valhi (NYSE:VHI) last released its quarterly earnings data on Thursday, March 15th. The basic materials company reported $0.32 earnings per share for the quarter. Valhi had a net margin of 10.70% and a negative return on equity of 377.13%. The firm had revenue of $495.90 million during the quarter.
The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 22nd. Stockholders of record on Monday, March 12th were issued a dividend of $0.02 per share. The ex-dividend date of this dividend was Friday, March 9th. This represents a $0.08 annualized dividend and a dividend yield of 1.28%.
Separately, ValuEngine raised shares of Valhi from a “sell” rating to a “hold” rating in a report on Friday, February 2nd.
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Valhi Company Profile
Valhi, Inc engages in the chemicals, component products, and real estate management and development businesses worldwide. 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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