According to Zacks, “Valhi Inc. operates through majority-owned subsidiaries or less than majority-owned affiliates in the chemicals, component products, waste management and titanium metals industries. These subsidiaries and affiliates are NL Industries, Inc. , CompX International Inc., Waste Control Specialists LLC, and Titanium Metal Corporation. “
Valhi (NYSE:VHI) opened at 2.09 on Friday. The stock’s market cap is $708.84 million. The firm has a 50-day moving average price of $2.37 and a 200-day moving average price of $1.96. Valhi has a 12 month low of $0.85 and a 12 month high of $2.94.
Valhi (NYSE:VHI) last released its earnings results on Monday, August 8th. The company reported ($0.02) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.06) by $0.04. Equities research analysts expect that Valhi will post ($0.07) earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which was paid on Thursday, September 22nd. Stockholders of record on Tuesday, September 6th were paid a dividend of $0.02 per share. The ex-dividend date of this dividend was Thursday, September 1st. This represents a $0.08 annualized dividend and a dividend yield of 3.83%. Valhi’s dividend payout ratio is currently -38.09%.
Several institutional investors have recently made changes to their positions in VHI. Creative Planning raised its position in shares of Valhi by 243.7% in the third quarter. Creative Planning now owns 99,167 shares of the company’s stock valued at $228,000 after buying an additional 70,316 shares in the last quarter. State Street Corp raised its position in shares of Valhi by 7.0% in the second quarter. State Street Corp now owns 149,733 shares of the company’s stock valued at $234,000 after buying an additional 9,821 shares in the last quarter. BlackRock Institutional Trust Company N.A. raised its position in shares of Valhi by 7.4% in the second quarter. BlackRock Institutional Trust Company N.A. now owns 455,086 shares of the company’s stock valued at $714,000 after buying an additional 31,388 shares in the last quarter. BlackRock Fund Advisors raised its position in shares of Valhi by 35.5% in the second quarter. BlackRock Fund Advisors now owns 589,739 shares of the company’s stock valued at $926,000 after buying an additional 154,520 shares in the last quarter. Finally, BlackRock Investment Management LLC raised its position in shares of Valhi by 24.4% in the second quarter. BlackRock Investment Management LLC now owns 69,432 shares of the company’s stock valued at $109,000 after buying an additional 13,625 shares in the last quarter. Hedge funds and other institutional investors own 1.07% of the company’s stock.
Valhi Company Profile
Valhi, Inc is a holding company. The Company operates through four segments: Chemicals, Component Products, Waste Management, and Real Estate Management and Development. The Chemicals segment operates through Kronos Worldwide, Inc, which produces and markets titanium dioxide pigments. The Component Products segment operates through CompX International Inc, which manufactures security products used in the recreational transportation, postal, cabinetry, tool storage, healthcare and a range of other industries.
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