Valhi, Inc. (NYSE:VHI – Get Free Report)’s stock price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $26.72 and traded as low as $19.02. Valhi shares last traded at $19.22, with a volume of 10,854 shares trading hands.
Wall Street Analysts Forecast Growth
Separately, StockNews.com lowered Valhi from a “strong-buy” rating to a “buy” rating in a research report on Monday, November 11th.
Get Our Latest Analysis on VHI
Valhi Stock Down 2.1 %
Institutional Inflows and Outflows
Several large investors have recently modified their holdings of the business. Rhumbline Advisers boosted its position in shares of Valhi by 12.2% during the fourth quarter. Rhumbline Advisers now owns 4,325 shares of the basic materials company’s stock valued at $101,000 after buying an additional 469 shares during the period. Sei Investments Co. boosted its holdings in shares of Valhi by 8.7% in the fourth quarter. Sei Investments Co. now owns 8,845 shares of the basic materials company’s stock valued at $207,000 after purchasing an additional 707 shares during the period. State Street Corp boosted its holdings in shares of Valhi by 3.6% in the third quarter. State Street Corp now owns 37,586 shares of the basic materials company’s stock valued at $1,254,000 after purchasing an additional 1,307 shares during the period. Geode Capital Management LLC boosted its holdings in shares of Valhi by 3.4% in the third quarter. Geode Capital Management LLC now owns 53,827 shares of the basic materials company’s stock valued at $1,796,000 after purchasing an additional 1,794 shares during the period. Finally, Barclays PLC boosted its holdings in shares of Valhi by 322.8% in the third quarter. Barclays PLC now owns 3,129 shares of the basic materials company’s stock valued at $104,000 after purchasing an additional 2,389 shares during the period. Hedge funds and other institutional investors own 3.83% of the company’s stock.
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.
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