Valhi (NYSE:VHI) Shares Cross Below Two Hundred Day Moving Average – What’s Next?

Valhi, Inc. (NYSE:VHI) shares passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $25.04 and traded as low as $16.15. Valhi shares last traded at $16.33, with a volume of 19,801 shares trading hands.

Valhi Trading Up 1.4 %

The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.65 and a current ratio of 2.79. The company has a market capitalization of $462.06 million, a PE ratio of 5.23 and a beta of 1.19. The stock has a fifty day moving average of $18.69 and a 200 day moving average of $25.04.

Valhi (NYSE:VHI) last announced its quarterly earnings results on Thursday, March 6th. The basic materials company reported $0.80 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.60 by $0.20. Valhi had a net margin of 4.29% and a return on equity of 6.90%. The company had revenue of $480.90 million for the quarter.

Valhi Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 17th were given a $0.08 dividend. This represents a $0.32 annualized dividend and a yield of 1.96%. The ex-dividend date of this dividend was Monday, March 17th. Valhi’s dividend payout ratio is presently 8.47%.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Bridgeway Capital Management LLC lifted its position in Valhi by 1.1% in the fourth quarter. Bridgeway Capital Management LLC now owns 234,976 shares of the basic materials company’s stock worth $5,496,000 after buying an additional 2,600 shares during the last quarter. Empowered Funds LLC raised its stake in shares of Valhi by 1.9% in the fourth quarter. Empowered Funds LLC now owns 141,449 shares of the basic materials company’s stock valued at $3,308,000 after acquiring an additional 2,600 shares during the period. Renaissance Technologies LLC lifted its holdings in shares of Valhi by 1.4% in the 4th quarter. Renaissance Technologies LLC now owns 131,217 shares of the basic materials company’s stock worth $3,069,000 after acquiring an additional 1,800 shares during the last quarter. Geode Capital Management LLC boosted its stake in shares of Valhi by 3.4% during the 3rd quarter. Geode Capital Management LLC now owns 53,827 shares of the basic materials company’s stock worth $1,796,000 after purchasing an additional 1,794 shares during the period. Finally, Jacobs Levy Equity Management Inc. grew its holdings in Valhi by 52.9% during the 4th quarter. Jacobs Levy Equity Management Inc. now owns 50,414 shares of the basic materials company’s stock valued at $1,179,000 after purchasing an additional 17,439 shares during the last quarter. Institutional investors own 3.83% of the company’s stock.

Valhi Company Profile

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.