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. “
Shares of Valhi (NYSE:VHI) opened at 2.09 on Friday. Valhi has a 12-month low of $0.85 and a 12-month high of $2.94. The company has a 50 day moving average of $2.37 and a 200-day moving average of $1.96. The firm’s market cap is $708.84 million.
Valhi (NYSE:VHI) last released its quarterly earnings data on Monday, August 8th. The company reported ($0.02) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.06) by $0.04. Analysts predict that Valhi will post ($0.07) EPS for the current year.
The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 22nd. Shareholders of record on Tuesday, September 6th were given a $0.02 dividend. This represents a $0.08 dividend on an annualized basis and a dividend yield of 3.83%. The ex-dividend date was Thursday, September 1st. Valhi’s payout ratio is -38.09%.
Institutional investors have recently added to or reduced their stakes in the stock. Societe Generale purchased a new position in Valhi during the second quarter worth about $105,000. SG Americas Securities LLC raised its stake in shares of Valhi by 53.9% in the second quarter. SG Americas Securities LLC now owns 67,129 shares of the company’s stock worth $105,000 after buying an additional 23,523 shares during the last quarter. Bank of New York Mellon Corp raised its stake in shares of Valhi by 10.0% in the second quarter. Bank of New York Mellon Corp now owns 72,015 shares of the company’s stock worth $113,000 after buying an additional 6,521 shares during the last quarter. Creative Planning raised its stake in shares of Valhi by 243.7% in the third quarter. Creative Planning now owns 99,167 shares of the company’s stock worth $228,000 after buying an additional 70,316 shares during the last quarter. Finally, State Street Corp raised its stake in shares of Valhi by 7.0% in the second quarter. State Street Corp now owns 149,733 shares of the company’s stock worth $234,000 after buying an additional 9,821 shares during 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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