Valhi (NYSE:VHI) Share Price Passes Below 200 Day Moving Average – What’s Next?

Valhi, Inc. (NYSE:VHI) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $26.52 and traded as low as $15.50. Valhi shares last traded at $16.44, with a volume of 18,777 shares traded.

Wall Street Analyst Weigh In

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

Valhi Price Performance

The company has a debt-to-equity ratio of 0.39, a current ratio of 2.79 and a quick ratio of 1.65. The firm has a market capitalization of $465.17 million, a P/E ratio of 5.27 and a beta of 1.19. The firm’s 50 day simple moving average is $20.87 and its two-hundred day simple moving average is $26.52.

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

Valhi Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Monday, March 17th will be given a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a dividend yield of 1.95%. Valhi’s payout ratio is 10.26%.

Hedge Funds Weigh In On Valhi

A number of hedge funds have recently modified their holdings of the company. Rhumbline Advisers increased its position in shares of Valhi by 12.2% in the fourth quarter. Rhumbline Advisers now owns 4,325 shares of the basic materials company’s stock valued at $101,000 after acquiring an additional 469 shares during the period. Sei Investments Co. increased its position in shares of Valhi by 8.7% in the fourth quarter. Sei Investments Co. now owns 8,845 shares of the basic materials company’s stock valued at $207,000 after acquiring an additional 707 shares during the period. Public Employees Retirement System of Ohio increased its position in shares of Valhi by 105.8% in the fourth quarter. Public Employees Retirement System of Ohio now owns 2,488 shares of the basic materials company’s stock valued at $58,000 after acquiring an additional 1,279 shares during the period. State Street Corp increased its position in shares of Valhi by 3.6% in the third quarter. State Street Corp now owns 37,586 shares of the basic materials company’s stock valued at $1,254,000 after acquiring an additional 1,307 shares during the period. Finally, Geode Capital Management LLC increased its position in shares of Valhi by 3.4% in the third quarter. Geode Capital Management LLC now owns 53,827 shares of the basic materials company’s stock valued at $1,796,000 after acquiring an additional 1,794 shares during the period. Hedge funds and other 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.