Valhi (NYSE:VHI) is scheduled to release its earnings data after the market closes on Friday, March 16th. Analysts expect Valhi to post earnings of $0.16 per share for the quarter.
Shares of Valhi (VHI) traded down $0.35 during midday trading on Tuesday, reaching $6.13. 128,714 shares of the company were exchanged, compared to its average volume of 172,479. The firm has a market cap of $2,221.57, a PE ratio of 26.65 and a beta of 2.69. Valhi has a 12-month low of $2.13 and a 12-month high of $7.28. The company has a debt-to-equity ratio of -18.05, a quick ratio of 2.44 and a current ratio of 3.44.
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 22nd. Investors of record on Monday, March 12th will be paid a $0.02 dividend. The ex-dividend date of this dividend is Friday, March 9th. This represents a $0.08 dividend on an annualized basis and a yield of 1.31%. Valhi’s payout ratio is 34.78%.
A number of equities research analysts recently commented on the stock. ValuEngine raised shares of Valhi from a “sell” rating to a “hold” rating in a research note on Friday, February 2nd. Barclays increased their price objective on shares of Valhi from $3.00 to $5.00 and gave the company an “underweight” rating in a research note on Wednesday, November 15th. Finally, TheStreet raised shares of Valhi from a “c” rating to a “b-” rating in a research note on Wednesday, November 22nd.
An institutional investor recently raised its position in Valhi stock. State Street Corp boosted its holdings in Valhi, Inc. (NYSE:VHI) by 15.0% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 297,086 shares of the basic materials company’s stock after acquiring an additional 38,671 shares during the period. State Street Corp owned 0.09% of Valhi worth $885,000 as of its most recent filing with the Securities and Exchange Commission. 2.66% of the stock is currently owned by institutional investors and hedge funds.
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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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