Short Interest in Valhi, Inc. (NYSE:VHI) Declines By 14.8%

Valhi, Inc. (NYSE:VHI) was the recipient of a large decrease in short interest in the month of June. As of June 15th, there was short interest totalling 815,300 shares, a decrease of 14.8% from the May 15th total of 957,100 shares. Based on an average trading volume of 199,700 shares, the days-to-cover ratio is currently 4.1 days. Approximately 3.6% of the shares of the company are sold short.

Institutional investors have recently modified their holdings of the business. Rhumbline Advisers lifted its holdings in shares of Valhi by 41.4% in the 4th quarter. Rhumbline Advisers now owns 35,015 shares of the basic materials company’s stock worth $68,000 after purchasing an additional 10,250 shares during the last quarter. First Trust Advisors LP lifted its holdings in shares of Valhi by 18.7% in the 4th quarter. First Trust Advisors LP now owns 48,906 shares of the basic materials company’s stock worth $94,000 after purchasing an additional 7,695 shares during the last quarter. California Public Employees Retirement System lifted its holdings in shares of Valhi by 423.1% in the 4th quarter. California Public Employees Retirement System now owns 1,227,300 shares of the basic materials company’s stock worth $2,369,000 after purchasing an additional 992,680 shares during the last quarter. BlackRock Inc. lifted its holdings in shares of Valhi by 3.0% in the 4th quarter. BlackRock Inc. now owns 1,517,080 shares of the basic materials company’s stock worth $2,928,000 after purchasing an additional 44,482 shares during the last quarter. Finally, Bank of New York Mellon Corp lifted its holdings in shares of Valhi by 27.2% in the 4th quarter. Bank of New York Mellon Corp now owns 1,098,843 shares of the basic materials company’s stock worth $2,120,000 after purchasing an additional 234,762 shares during the last quarter. Hedge funds and other institutional investors own 3.58% of the company’s stock.

Valhi stock opened at $2.38 on Friday. The firm has a 50-day moving average of $2.33. The company has a market cap of $807.23 million, a PE ratio of 3.35 and a beta of 3.28. The company has a debt-to-equity ratio of 2.32, a quick ratio of 2.56 and a current ratio of 4.04. Valhi has a twelve month low of $1.63 and a twelve month high of $5.48.

Valhi (NYSE:VHI) last announced its quarterly earnings data on Thursday, May 9th. The basic materials company reported $0.05 earnings per share (EPS) for the quarter. The business had revenue of $486.20 million for the quarter. Valhi had a net margin of 10.38% and a return on equity of 80.44%.

The business also recently announced a quarterly dividend, which was paid on Thursday, June 20th. Shareholders of record on Tuesday, June 4th were given a $0.02 dividend. The ex-dividend date was Monday, June 3rd. This represents a $0.08 dividend on an annualized basis and a yield of 3.36%.

Valhi Company Profile

Valhi, Inc engages in the chemicals, component products, and real estate management and development businesses worldwide. 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.

Further Reading: Book Value Per Share – BVPS

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