Barclays PLC Acquires 2,389 Shares of Valhi, Inc. (NYSE:VHI)

Barclays PLC increased its holdings in Valhi, Inc. (NYSE:VHI) by 322.8% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 3,129 shares of the basic materials company’s stock after purchasing an additional 2,389 shares during the period. Barclays PLC’s holdings in Valhi were worth $104,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of VHI. Ritholtz Wealth Management bought a new stake in Valhi in the third quarter worth $244,000. CWA Asset Management Group LLC bought a new stake in Valhi in the third quarter worth $408,000. Empowered Funds LLC increased its position in Valhi by 10.1% in the third quarter. Empowered Funds LLC now owns 138,849 shares of the basic materials company’s stock worth $4,633,000 after purchasing an additional 12,720 shares during the last quarter. Segall Bryant & Hamill LLC bought a new position in Valhi during the third quarter valued at $1,409,000. Finally, Martingale Asset Management L P bought a new position in Valhi during the third quarter valued at $217,000. Institutional investors own 3.83% of the company’s stock.

Analyst Ratings Changes

Separately, StockNews.com cut shares of Valhi from a “strong-buy” rating to a “buy” rating in a research report on Monday, November 11th.

Valhi Trading Up 3.5 %

VHI stock opened at $24.37 on Friday. The company has a quick ratio of 1.65, a current ratio of 2.79 and a debt-to-equity ratio of 0.39. Valhi, Inc. has a twelve month low of $12.12 and a twelve month high of $41.75. The stock has a market capitalization of $689.53 million, a price-to-earnings ratio of 7.81 and a beta of 1.22. The firm’s fifty day simple moving average is $23.87 and its two-hundred day simple moving average is $26.30.

Valhi (NYSE:VHI) last posted its quarterly earnings data on Thursday, November 7th. The basic materials company reported $2.01 earnings per share for the quarter. Valhi had a net margin of 4.29% and a return on equity of 6.90%. The business had revenue of $533.60 million for the quarter.

Valhi Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, December 19th. Stockholders of record on Friday, November 29th were paid a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a dividend yield of 1.31%. The ex-dividend date of this dividend was Friday, November 29th. Valhi’s dividend payout ratio is currently 10.26%.

About Valhi

Valhi, Inc engages in the chemicals, component products, and real estate management and development businesses in Europe, North America, the Asia Pacific, and internationally. 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.