Shares are trading at $4.35 which is significantly above $2.89, the stock’s 50 day moving average and impressively higher than the 200 day moving average of $3.01. The 50 day moving average was up by +50.71% whereas the 200 day average was up by +44.34%. Trading was heavy with 496K shares changing hands in the last trading session. Trading volume was up 91.61% over the stocks average daily volume.
Traders are a little more bullish on Valhi, Inc. of late if you take a look at the motion in short interest. The stock recorded a fall in short interest of -25.47% as of the latest report on October 13, 2017. Short interest decreased from 184,183 to 137,280 over that period. The days to cover decreased to 1.0 and the percentage of shorted shares is 0.00% as of October 13.
Here are a few substantial investment firms who have updated their positions. As of the end of the quarter Kcg Holdings, Inc. had sold 9,108 shares trimming its stake by 34.4%. The value of the investment in Valhi, Inc. decreased from $87,000 to $52,000 decreasing 40.2% quarter to quarter. As of quarter end Spark Investment Management LLC had acquired a total of 128,000 shares growing its position 266.1%. The value in dollars went from $157,000 to $524,000 a change of $367,000 quarter over quarter.
Ubs Group Ag grew its ownership by buying 13,497 shares an increase of 1,345.7%. Ubs Group Ag claims 14,500 shares with a value of $43,000. The total value of its holdings increased 1,333.3%. As of quarter end Acadian Asset Management LLC had sold 39,646 shares trimming its holdings by 19.7%. The value of the total investment in Valhi, Inc. decreased from $599,000 to $391,000 a change of 34.7% for the reporting period.
The company is trading up since yesterday’s close of $4.35. Valhi, Inc. announced a dividend for shareholders which was paid on Thursday September 28th, 2017. The dividend payment was $0.020 per share for the quarter which is $0.08 annualized. The dividend yield was $2.00. The ex-dividend date was Thursday the 31st of August 2017.
The P/E ratio is 48.33 and the market value is 1.48B. As of the latest earnings report the EPS was $0.09 and is estimated to be $0.35 for the current year with 339,170,000 shares presently outstanding. Next quarter’s EPS is estimated at $0.10 and the next full year EPS is projected to be $0.40.
Valhi, Inc., launched on June 1, 1971, is a holding company. The Company operates through four segments: Chemicals, Component Products, Waste Management, and Real Estate Management and Development. The Company operates through its subsidiaries, including NL Industries, Inc., Kronos Worldwide, Inc. (Kronos), CompX International Inc. (CompX) and Waste Control Specialists LLC (WCS)..