42,231 Shares in Valhi, Inc. (NYSE:VHI) Purchased by Segall Bryant & Hamill LLC

Segall Bryant & Hamill LLC acquired a new stake in shares of Valhi, Inc. (NYSE:VHI) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 42,231 shares of the basic materials company’s stock, valued at approximately $1,409,000. Segall Bryant & Hamill LLC owned about 0.15% of Valhi as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Ritholtz Wealth Management purchased a new stake in shares of Valhi during the 3rd quarter valued at approximately $244,000. CWA Asset Management Group LLC bought a new position in shares of Valhi in the third quarter worth $408,000. Jacobs Levy Equity Management Inc. grew its position in shares of Valhi by 28.4% in the first quarter. Jacobs Levy Equity Management Inc. now owns 20,879 shares of the basic materials company’s stock valued at $359,000 after purchasing an additional 4,620 shares in the last quarter. Finally, Empowered Funds LLC raised its stake in shares of Valhi by 10.1% during the 3rd quarter. Empowered Funds LLC now owns 138,849 shares of the basic materials company’s stock valued at $4,633,000 after purchasing an additional 12,720 shares during the period. Institutional investors own 3.83% of the company’s stock.

Valhi Trading Down 0.4 %

Shares of VHI stock opened at $26.71 on Friday. The company has a market capitalization of $755.89 million, a PE ratio of 8.56 and a beta of 1.29. Valhi, Inc. has a 52-week low of $12.12 and a 52-week high of $41.75. The business’s fifty day moving average is $32.66 and its 200 day moving average is $24.73. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.65 and a current ratio of 2.79.

Valhi Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 19th. Shareholders of record on Friday, November 29th will be issued a $0.08 dividend. The ex-dividend date of this dividend is Friday, November 29th. This represents a $0.32 annualized dividend and a dividend yield of 1.20%. Valhi’s payout ratio is currently 10.26%.

Wall Street Analysts Forecast Growth

Several research analysts have commented on VHI shares. Barclays raised their target price on Valhi from $11.00 to $20.00 and gave the stock an “underweight” rating in a research note on Wednesday, September 25th. StockNews.com cut shares of Valhi from a “strong-buy” rating to a “buy” rating in a research note on Monday, November 11th.

Valhi Profile

Valhi, Inc engages in the chemicals, component products, and real estate management and development businesses in Europe, North America, the Asia Pacific, 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.