Valhi (NYSE:VHI) is set to issue its quarterly earnings data after the market closes on Friday, March 16th. Analysts expect the company to announce earnings of $0.16 per share for the quarter.
Shares of Valhi (VHI) opened at $6.13 on Wednesday. The company has a debt-to-equity ratio of -18.05, a current ratio of 3.44 and a quick ratio of 2.44. The stock has a market cap of $2,221.57, a P/E ratio of 26.65 and a beta of 2.69. Valhi has a one year low of $2.13 and a one year high of $7.28.
The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 22nd. Shareholders of record on Monday, March 12th will be paid a $0.02 dividend. This represents a $0.08 dividend on an annualized basis and a yield of 1.31%. The ex-dividend date is Friday, March 9th. Valhi’s dividend payout ratio (DPR) is presently 34.78%.
VHI has been the subject of a number of analyst reports. Barclays lifted their target price on shares of Valhi from $3.00 to $5.00 and gave the company an “underweight” rating in a research note on Wednesday, November 15th. TheStreet upgraded shares of Valhi from a “c” rating to a “b-” rating in a research note on Wednesday, November 22nd. Finally, ValuEngine cut shares of Valhi from a “hold” rating to a “sell” rating in a research note on Wednesday, January 10th.
A hedge fund recently raised its stake in Valhi stock. State Street Corp raised its holdings in Valhi, Inc. (NYSE:VHI) by 15.0% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 297,086 shares of the basic materials company’s stock after acquiring an additional 38,671 shares during the quarter. State Street Corp owned about 0.09% of Valhi worth $885,000 at the end of the most recent quarter. 2.66% of the stock is owned by institutional investors.
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Valhi, Inc is a holding company. The Company operates through three segments: Chemicals, Component Products, and Real Estate Management and Development. The Company operates through its subsidiaries, including NL Industries, Inc, Kronos Worldwide, Inc (Kronos) and CompX International Inc (CompX). The Chemicals segment operates through Kronos.
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