Valhi (NYSE:VHI) Shares Cross Below 200-Day Moving Average – Time to Sell?

by · The Cerbat Gem

Valhi, Inc. (NYSE:VHI – Get Free Report) shares crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $17.99 and traded as low as $17.80. Valhi shares last traded at $18.07, with a volume of 6,233 shares trading hands.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on VHI. Barclays cut their price objective on Valhi from $20.00 to $12.00 and set an “underweight” rating for the company in a research report on Wednesday, May 28th. Wall Street Zen raised Valhi from a “hold” rating to a “buy” rating in a research report on Tuesday, May 20th.

Read Our Latest Stock Analysis on Valhi

Valhi Stock Performance

The firm has a market capitalization of $511.24 million, a price-to-earnings ratio of 4.41 and a beta of 1.29. The company has a fifty day moving average of $16.32 and a two-hundred day moving average of $17.99. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.29 and a current ratio of 2.67.

Valhi (NYSE:VHI – Get Free Report) last released its quarterly earnings results on Thursday, May 8th. The basic materials company reported $0.59 earnings per share for the quarter, missing the consensus estimate of $0.66 by ($0.07). Valhi had a return on equity of 8.60% and a net margin of 5.54%. The firm had revenue of $538.60 million for the quarter.

Valhi Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 26th. Shareholders of record on Monday, June 9th were paid a dividend of $0.08 per share. The ex-dividend date of this dividend was Monday, June 9th. This represents a $0.32 dividend on an annualized basis and a yield of 1.77%. Valhi’s dividend payout ratio (DPR) is presently 7.80%.

Hedge Funds Weigh In On Valhi

A number of hedge funds have recently added to or reduced their stakes in the stock. Segall Bryant & Hamill LLC bought a new position in shares of Valhi in the 1st quarter valued at $1,011,000. Strs Ohio bought a new position in shares of Valhi in the 1st quarter valued at $289,000. Jacobs Levy Equity Management Inc. increased its stake in shares of Valhi by 52.9% in 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. O Shaughnessy Asset Management LLC increased its stake in shares of Valhi by 105.9% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 27,402 shares of the basic materials company’s stock valued at $641,000 after purchasing an additional 14,091 shares during the last quarter. Finally, Squarepoint Ops LLC bought a new position in shares of Valhi in the 4th quarter valued at $315,000. Institutional investors own 3.83% of the company’s stock.

About Valhi

(Get Free Report)

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.

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