Valhi (NYSE:VHI) Stock Price Breaks Below Two Hundred Day Moving Average – What’s Next?

Valhi, Inc. (NYSE:VHI)’s stock price crossed below its 200-day moving average during trading on Tuesday. The stock has a 200-day moving average of $14.89 and traded as low as $14.63. Valhi shares last traded at $15.1950, with a volume of 3,542 shares changing hands.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on VHI shares. Weiss Ratings upgraded Valhi from a “sell (d)” rating to a “sell (d+)” rating in a report on Monday, August 17th. Wall Street Zen raised Valhi to a “buy” rating in a research note on Saturday, September 19th. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company currently has an average rating of “Sell”.

Valhi Stock Up 4.0%

The business’s 50 day simple moving average is $16.55 and its 200 day simple moving average is $14.90. The company has a current ratio of 3.37, a quick ratio of 1.90 and a debt-to-equity ratio of 0.42. The firm has a market capitalization of $431.88 million, a PE ratio of -8.52 and a beta of 1.06.

Valhi (NYSE:VHI) last issued its quarterly earnings data on Thursday, August 6th. The basic materials company reported $0.78 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.96 by ($0.18). The company had revenue of $606.10 million for the quarter, compared to analysts’ expectations of $606.10 million. Valhi had a negative net margin of 2.36% and a negative return on equity of 2.77%.

Valhi Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 24th. Shareholders of record on Thursday, September 3rd were paid a $0.08 dividend. The ex-dividend date of this dividend was Thursday, September 3rd. This represents a $0.32 annualized dividend and a yield of 2.1%. Valhi’s dividend payout ratio (DPR) is presently -17.88%.

Institutional Trading of Valhi

A number of large investors have recently made changes to their positions in VHI. Connor Clark & Lunn Investment Management Ltd. purchased a new stake in Valhi in the 2nd quarter valued at about $148,000. GSA Capital Partners LLP bought a new stake in Valhi during the 2nd quarter valued at $321,000. Bank of New York Mellon Corp purchased a new position in shares of Valhi in the 2nd quarter valued at $687,000. Empowered Funds LLC purchased a new position in shares of Valhi in the 2nd quarter valued at $2,055,000. Finally, BlackRock Inc. bought a new position in shares of Valhi in the 2nd quarter worth $2,776,000. 3.83% of the stock is owned by hedge funds and other institutional investors.

Valhi Company Profile

Valhi, Inc is a diversified holding company headquartered in Dallas, Texas. Through its subsidiaries and affiliates, the company has interests in chemicals, component products, real estate management and other industrial businesses. Valhi’s portfolio is managed through controlling or significant ownership positions rather than through a single operating business.

A major part of Valhi’s operations is its investment in Kronos Worldwide, a producer and marketer of titanium dioxide pigments.