According to Zacks, Valhi, Inc. (NYSE: VHI) announced on August 4 that it will provide shareholders with a dividend payment once every three months. Investors who still held their shares as of September 1 would be eligible to receive a dividend from the basic materials company for $0.08 per share if they had invested in the company. This translates into a dividend payout of $0.32 every year, which results in a yield of 0.88% for the stock. The ex-dividend day for this payout is scheduled for Wednesday, August 30, the following week. The supply of Valhi was first made available for trading on Tuesday for $36.19 per share. The range that encompasses Valhi’s low point of $21.53 and its high point of $54.06 throughout the preceding 52 weeks includes both numbers.
The company’s stock has a beta value of 1.47 and a price-to-earnings ratio of 6.28, which results in a market value of 1.02 billion dollars. The company has seen an average of $43.98 over the last 50 days, but that number has dropped to $37.94 in the previous 200 days. There is 0.48 cents’ worth of equity for every $1, 3.63 cents worth of current assets for every dollar, and 2.60 pennies’ price of liquid assets for every dollar. The most recent quarterly results for Valhi (NYSE: VHI) were made available to the general public on Thursday, August 4, and disseminated after that. Earnings per share for the quarter totaled $0.98 for the company specializing in fundamental components and materials. Valhi had a return on equity of 14.09%, and the company’s net margin was 6.51%. Both of these figures are percentages. The corporation generated $634,600,000,000 in income during the preceding three months.
Most recently, various institutional investors, including hedge funds and other investment vehicles, have modified the processes by which they invest in the company. During the second quarter, Renaissance Technologies LLC achieved a 15.0% gain in the proportion of Valhi stock it owned. After making an additional purchase of 24,200 shares during the most recent quarter, Renaissance Technologies LLC now owns a total of 185,917 shares of the common stock of the basic materials business. These shares are currently worth a total of $8,429,000 as of right now. The Bank of New York Mellon Corporation increased the number of shares of Valhi that are owned by 4.4% during the first three months of 2018. The Bank of New York Mellon Corp now owns 88,170 stocks held by the basic materials business after purchasing an additional 3,706 shares during the most recent quarter. The current value of these holdings is $2,584,000.
During the second quarter, State Street Corporation completed a 21.1% rise in the proportion of Valhi in which it is involved. Since State Street Corporation’s previous disclosure of its holding of those shares, the value of its 33,059 shares in the company specializing in primary materials has climbed by 5,771 dollars. Charles Schwab Investment Management Inc. boosted the percentage of its holdings in Valhi by 50.5% during the first three months of 2018. Charles Schwab Investment Management Inc. now has 21,686 shares of the company that deals in basic materials after purchasing an additional 7,274 shares during the most recent quarter. There is a current value of $636,000 attached to these shares. And last, throughout the first three months of this year, Acadian Asset Management LLC increased its shares by 22.9% by purchasing additional Valhi.
Acadian Asset Management LLC now owns 3,815 shares in the company that deals in basic materials. This brings the total number of shares owned by the company to 20,441, with a value of $595,000 for those shares. As of right now, 4.23 percent of the total number of shares in the company are owned by institutional investors. In addition to the international chemical and component product markets, Valhi, Inc. is active in the real estate management and development sectors in the Asia Pacific, Europe, North America, and other countries. These activities take place on a global scale.
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