Janney Montgomery Scott LLC Increases Position in Valhi, Inc. (NYSE:VHI)

Janney Montgomery Scott LLC lifted its holdings in Valhi, Inc. (NYSE:VHIGet Rating) by 226.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 26,922 shares of the basic materials company’s stock after purchasing an additional 18,685 shares during the period. Janney Montgomery Scott LLC owned about 0.10% of Valhi worth $677,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of VHI. Federated Hermes Inc. increased its stake in shares of Valhi by 108.9% in the 1st quarter. Federated Hermes Inc. now owns 1,038 shares of the basic materials company’s stock valued at $30,000 after purchasing an additional 541 shares in the last quarter. UBS Group AG increased its stake in Valhi by 39.9% during the 1st quarter. UBS Group AG now owns 1,440 shares of the basic materials company’s stock worth $42,000 after buying an additional 411 shares in the last quarter. Gladius Capital Management LP purchased a new stake in Valhi during the 2nd quarter worth approximately $60,000. Lazard Asset Management LLC increased its stake in Valhi by 30.9% during the 1st quarter. Lazard Asset Management LLC now owns 3,170 shares of the basic materials company’s stock worth $92,000 after buying an additional 748 shares in the last quarter. Finally, Denali Advisors LLC increased its stake in Valhi by 25.4% during the 3rd quarter. Denali Advisors LLC now owns 7,021 shares of the basic materials company’s stock worth $177,000 after buying an additional 1,421 shares in the last quarter. Hedge funds and other institutional investors own 4.76% of the company’s stock.

Analyst Ratings Changes

Separately, StockNews.com lowered Valhi from a “strong-buy” rating to a “buy” rating in a research note on Monday, November 7th.

Valhi Price Performance

NYSE:VHI opened at $24.18 on Friday. Valhi, Inc. has a 12 month low of $20.83 and a 12 month high of $54.06. The stock has a 50 day moving average of $23.24 and a two-hundred day moving average of $30.46. The company has a current ratio of 3.34, a quick ratio of 2.22 and a debt-to-equity ratio of 0.44. The firm has a market cap of $683.79 million, a P/E ratio of 4.55 and a beta of 1.38.

Valhi (NYSE:VHIGet Rating) last issued its earnings results on Thursday, November 3rd. The basic materials company reported $0.92 earnings per share for the quarter. The business had revenue of $556.30 million for the quarter. Valhi had a return on equity of 12.58% and a net margin of 6.06%.

Valhi Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, December 22nd. Stockholders of record on Thursday, December 1st were issued a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a dividend yield of 1.32%. The ex-dividend date of this dividend was Wednesday, November 30th. Valhi’s dividend payout ratio is currently 6.02%.

Valhi Company Profile

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Valhi, Inc engages in the chemicals, component products, and real estate management and development businesses in the Asia Pacific, Europe, North America, 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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Institutional Ownership by Quarter for Valhi (NYSE:VHI)

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