12,236 Shares in Valhi, Inc. (NYSE:VHI) Acquired by CWA Asset Management Group LLC

CWA Asset Management Group LLC bought a new stake in shares of Valhi, Inc. (NYSE:VHI) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 12,236 shares of the basic materials company’s stock, valued at approximately $408,000.

Other hedge funds have also bought and sold shares of the company. Jacobs Levy Equity Management Inc. grew its position in 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 worth $359,000 after acquiring an additional 4,620 shares in the last quarter. Ritholtz Wealth Management purchased a new stake in Valhi during the third quarter valued at about $244,000. Finally, Empowered Funds LLC lifted its stake in Valhi by 8.1% during the first quarter. Empowered Funds LLC now owns 117,129 shares of the basic materials company’s stock worth $2,012,000 after purchasing an additional 8,750 shares during the last quarter. 3.83% of the stock is currently owned by institutional investors.

Valhi Stock Down 23.8 %

Shares of NYSE:VHI opened at $31.46 on Tuesday. Valhi, Inc. has a 12-month low of $11.49 and a 12-month high of $41.75. The company has a current ratio of 3.49, a quick ratio of 2.24 and a debt-to-equity ratio of 0.39. The stock’s 50-day moving average price is $32.95 and its 200-day moving average price is $24.06. The stock has a market capitalization of $890.18 million, a P/E ratio of 10.08 and a beta of 1.29.

Valhi Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 19th. Shareholders of record on Friday, November 29th will be given a $0.08 dividend. The ex-dividend date of this dividend is Friday, November 29th. This represents a $0.32 annualized dividend and a yield of 1.02%. Valhi’s payout ratio is currently 10.26%.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on VHI shares. Barclays upped their price objective on Valhi from $11.00 to $20.00 and gave the stock an “underweight” rating in a report on Wednesday, September 25th. StockNews.com downgraded shares of Valhi from a “strong-buy” rating to a “buy” rating in a research note on Monday.

About Valhi

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.