Valhi, Inc. (NYSE:VHI) Shares Purchased by Barclays PLC

Barclays PLC raised its holdings in shares of Valhi, Inc. (NYSE:VHI) by 322.8% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,129 shares of the basic materials company’s stock after buying an additional 2,389 shares during the period. Barclays PLC’s holdings in Valhi were worth $104,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Martingale Asset Management L P acquired a new position in Valhi during the third quarter valued at approximately $217,000. Ritholtz Wealth Management acquired a new position in Valhi during the third quarter valued at approximately $244,000. CWA Asset Management Group LLC acquired a new position in Valhi during the third quarter valued at approximately $408,000. Jacobs Levy Equity Management Inc. lifted its position in Valhi by 107.9% during the third quarter. Jacobs Levy Equity Management Inc. now owns 32,975 shares of the basic materials company’s stock valued at $1,100,000 after buying an additional 17,112 shares in the last quarter. Finally, State Street Corp lifted its position in Valhi by 3.6% during the third quarter. State Street Corp now owns 37,586 shares of the basic materials company’s stock valued at $1,254,000 after buying an additional 1,307 shares in the last quarter. 3.83% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages have weighed in on VHI. Barclays lifted their price target on shares of Valhi from $11.00 to $20.00 and gave the company an “underweight” rating in a research report on Wednesday, September 25th. StockNews.com lowered shares of Valhi from a “strong-buy” rating to a “buy” rating in a research note on Monday, November 11th.

Valhi Trading Down 1.3 %

VHI opened at $22.07 on Thursday. The firm has a market capitalization of $624.47 million, a P/E ratio of 7.07 and a beta of 1.22. The firm’s 50 day moving average is $26.33 and its 200-day moving average is $25.93. Valhi, Inc. has a 52-week low of $12.12 and a 52-week high of $41.75. The company has a quick ratio of 1.65, a current ratio of 2.79 and a debt-to-equity ratio of 0.39.

Valhi Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, December 19th. Stockholders of record on Friday, November 29th were paid a dividend of $0.08 per share. The ex-dividend date of this dividend was Friday, November 29th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 1.45%. Valhi’s dividend payout ratio is currently 10.26%.

Valhi Company 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.