Jacobs Levy Equity Management Inc. Grows Holdings in Valhi, Inc. (NYSE:VHI)

Jacobs Levy Equity Management Inc. grew its holdings in Valhi, Inc. (NYSE:VHI) by 52.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 50,414 shares of the basic materials company’s stock after purchasing an additional 17,439 shares during the period. Jacobs Levy Equity Management Inc. owned about 0.18% of Valhi worth $1,179,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of VHI. Bridgeway Capital Management LLC increased its stake in shares of Valhi by 1.1% during the fourth quarter. Bridgeway Capital Management LLC now owns 234,976 shares of the basic materials company’s stock valued at $5,496,000 after buying an additional 2,600 shares during the period. Empowered Funds LLC increased its stake in shares of Valhi by 1.9% during the fourth quarter. Empowered Funds LLC now owns 141,449 shares of the basic materials company’s stock valued at $3,308,000 after buying an additional 2,600 shares during the period. Renaissance Technologies LLC increased its stake in shares of Valhi by 1.4% during the fourth quarter. Renaissance Technologies LLC now owns 131,217 shares of the basic materials company’s stock valued at $3,069,000 after buying an additional 1,800 shares during the period. Northern Trust Corp increased its stake in shares of Valhi by 16.3% during the fourth quarter. Northern Trust Corp now owns 43,121 shares of the basic materials company’s stock valued at $1,009,000 after buying an additional 6,044 shares during the period. Finally, O Shaughnessy Asset Management LLC increased its stake in shares of Valhi by 105.9% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 27,402 shares of the basic materials company’s stock valued at $641,000 after buying an additional 14,091 shares during the period. Hedge funds and other institutional investors own 3.83% of the company’s stock.

Valhi Price Performance

VHI opened at $15.44 on Friday. The business’s 50-day moving average is $16.73 and its two-hundred day moving average is $21.20. Valhi, Inc. has a 1 year low of $14.20 and a 1 year high of $41.75. The company has a debt-to-equity ratio of 0.39, a current ratio of 2.79 and a quick ratio of 1.65. The firm has a market capitalization of $436.87 million, a PE ratio of 4.95 and a beta of 1.33.

Valhi (NYSE:VHI) last posted its earnings results on Thursday, May 8th. The basic materials company reported $0.59 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.66 by ($0.07). Valhi had a net margin of 4.29% and a return on equity of 6.90%. The company had revenue of $538.60 million during the quarter.

Valhi Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, March 28th. Shareholders of record on Monday, March 17th were paid a $0.08 dividend. The ex-dividend date was Monday, March 17th. This represents a $0.32 annualized dividend and a yield of 2.07%. Valhi’s dividend payout ratio (DPR) is presently 7.80%.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered Valhi from a “buy” rating to a “hold” rating in a research note on Monday, May 12th.

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.