Arrowstreet Capital Limited Partnership acquired a new position in Valhi, Inc. (NYSE:VHI) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 171,196 shares of the basic materials company’s stock, valued at approximately $1,056,000. Arrowstreet Capital Limited Partnership owned approximately 0.05% of Valhi at the end of the most recent quarter.
Other institutional investors have also made changes to their positions in the company. James Investment Research Inc. purchased a new stake in Valhi in the 4th quarter worth about $106,000. Goldman Sachs Group Inc. purchased a new stake in Valhi in the 2nd quarter worth about $133,000. Teachers Advisors LLC lifted its stake in Valhi by 43.5% in the 2nd quarter. Teachers Advisors LLC now owns 44,992 shares of the basic materials company’s stock worth $134,000 after acquiring an additional 13,643 shares in the last quarter. Engineers Gate Manager LP purchased a new stake in Valhi in the 4th quarter worth about $143,000. Finally, The Manufacturers Life Insurance Company lifted its stake in Valhi by 197.6% in the 4th quarter. The Manufacturers Life Insurance Company now owns 29,027 shares of the basic materials company’s stock worth $178,000 after acquiring an additional 19,273 shares in the last quarter. 2.66% of the stock is owned by hedge funds and other institutional investors.
Shares of Valhi, Inc. (VHI) opened at $6.55 on Monday. The stock has a market capitalization of $2,221.57, a PE ratio of 28.48 and a beta of 2.69. The company has a debt-to-equity ratio of -18.05, a current ratio of 3.44 and a quick ratio of 2.44. Valhi, Inc. has a one year low of $2.13 and a one year high of $7.28.
The company also recently announced a quarterly dividend, which will be paid on Thursday, March 22nd. Shareholders of record on Monday, March 12th will be given a $0.02 dividend. This represents a $0.08 annualized dividend and a yield of 1.22%. The ex-dividend date is Friday, March 9th. Valhi’s payout ratio is currently 34.78%.
Several equities research analysts recently issued reports on VHI shares. TheStreet raised Valhi from a “c” rating to a “b-” rating in a research note on Wednesday, November 22nd. Barclays increased their price objective on Valhi from $3.00 to $5.00 and gave the stock an “underweight” rating in a research note on Wednesday, November 15th. Finally, ValuEngine downgraded Valhi from a “hold” rating to a “sell” rating in a research note on Wednesday, January 10th.
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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