Connor Clark & Lunn Investment Management Ltd. Decreases Stake in Valhi, Inc. (NYSE:VHI)

Connor Clark & Lunn Investment Management Ltd. cut its holdings in Valhi, Inc. (NYSE:VHI) by 6.9% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,847 shares of the basic materials company’s stock after selling 1,172 shares during the quarter. Connor Clark & Lunn Investment Management Ltd. owned 0.06% of Valhi worth $276,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of VHI. Federated Hermes Inc. boosted its stake in shares of Valhi by 108.9% in the first quarter. Federated Hermes Inc. now owns 1,038 shares of the basic materials company’s stock valued at $30,000 after buying an additional 541 shares in the last quarter. Tower Research Capital LLC TRC boosted its stake in shares of Valhi by 644.2% in the third quarter. Tower Research Capital LLC TRC now owns 1,213 shares of the basic materials company’s stock valued at $31,000 after buying an additional 1,050 shares in the last quarter. UBS Group AG boosted its stake in shares of Valhi by 778.3% in the third quarter. UBS Group AG now owns 1,458 shares of the basic materials company’s stock valued at $37,000 after buying an additional 1,292 shares in the last quarter. Denali Advisors LLC boosted its position in Valhi by 39.7% during the first quarter. Denali Advisors LLC now owns 4,500 shares of the basic materials company’s stock worth $78,000 after purchasing an additional 1,279 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its position in Valhi by 69.2% during the fourth quarter. JPMorgan Chase & Co. now owns 3,692 shares of the basic materials company’s stock worth $81,000 after purchasing an additional 1,510 shares in the last quarter. 4.88% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Separately, StockNews.com assumed coverage on Valhi in a research report on Thursday, August 17th. They set a “hold” rating on the stock.

Valhi Stock Down 0.1 %

VHI opened at $12.89 on Monday. The business’s fifty day moving average is $13.91 and its two-hundred day moving average is $11.33. The company has a debt-to-equity ratio of 0.43, a quick ratio of 2.10 and a current ratio of 3.56. The company has a market cap of $364.66 million, a price-to-earnings ratio of 53.71 and a beta of 1.47. Valhi, Inc. has a one year low of $12.13 and a one year high of $38.75.

Valhi (NYSE:VHI) last posted its earnings results on Thursday, August 3rd. The basic materials company reported ($0.18) EPS for the quarter. Valhi had a return on equity of 0.53% and a net margin of 0.35%. The firm had revenue of $507.10 million for the quarter.

Valhi Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 21st. Investors of record on Friday, September 1st will be paid a $0.08 dividend. The ex-dividend date of this dividend is Thursday, August 31st. This represents a $0.32 annualized dividend and a yield of 2.48%. Valhi’s payout ratio is currently 133.34%.

Valhi Company Profile

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.