The Manufacturers Life Insurance Company raised its stake in Valhi, Inc. (NYSE:VHI) by 197.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 29,027 shares of the basic materials company’s stock after buying an additional 19,273 shares during the quarter. The Manufacturers Life Insurance Company ‘s holdings in Valhi were worth $178,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other large investors also recently added to or reduced their stakes in the business. Northern Trust Corp lifted its stake in Valhi by 1.8% in the second quarter. Northern Trust Corp now owns 261,196 shares of the basic materials company’s stock valued at $778,000 after buying an additional 4,524 shares during the period. Teachers Advisors LLC lifted its stake in Valhi by 43.5% in the second quarter. Teachers Advisors LLC now owns 44,992 shares of the basic materials company’s stock valued at $134,000 after buying an additional 13,643 shares during the period. James Investment Research Inc. acquired a new position in Valhi in the fourth quarter valued at about $106,000. Engineers Gate Manager LP acquired a new position in Valhi in the fourth quarter valued at about $143,000. Finally, Chicago Equity Partners LLC lifted its stake in Valhi by 55.9% in the fourth quarter. Chicago Equity Partners LLC now owns 98,105 shares of the basic materials company’s stock valued at $605,000 after buying an additional 35,170 shares during the period. 2.66% of the stock is currently owned by hedge funds and other institutional investors.
Separately, ValuEngine lowered Valhi from a “hold” rating to a “sell” rating in a research note on Wednesday, January 10th.
Shares of Valhi, Inc. (NYSE VHI) opened at $6.31 on Friday. Valhi, Inc. has a fifty-two week low of $2.13 and a fifty-two week high of $7.28. The stock has a market capitalization of $2,174.08, a PE ratio of 10.34 and a beta of 2.69. The company has a quick ratio of 2.61, a current ratio of 3.81 and a debt-to-equity ratio of 10.48.
Valhi (NYSE:VHI) last announced its quarterly earnings results on Thursday, March 15th. The basic materials company reported $0.32 earnings per share (EPS) for the quarter. Valhi had a negative return on equity of 377.13% and a net margin of 10.70%. The company had revenue of $495.90 million during the quarter.
The firm also recently declared a quarterly dividend, which was paid on Thursday, March 22nd. Shareholders of record on Monday, March 12th were issued a $0.02 dividend. The ex-dividend date was Friday, March 9th. This represents a $0.08 annualized dividend and a dividend yield of 1.27%. Valhi’s dividend payout ratio (DPR) is currently 13.11%.
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Valhi Company Profile
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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