The stock of Valhi, Inc. (NYSE:VHI) hit a new 52-week high and has $3.16 target or 6.00% above today’s $2.98 share price. The 9 months bullish chart indicates low risk for the $1.08 billion company. The 1-year high was reported on Nov, 25 by Barchart.com. If the $3.16 price target is reached, the company will be worth $64.80M more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock. About 16,199 shares traded hands. Valhi, Inc. (NYSE:VHI) has risen 41.71% since April 22, 2016 and is uptrending. It has outperformed by 36.30% the S&P500.
Analysts await Valhi, Inc. (NYSE:VHI) to report earnings on March, 10.
Valhi, Inc. (NYSE:VHI) Ratings Coverage
Out of 2 analysts covering Valhi Inc (NYSE:VHI), 0 rate it a “Buy”, 2 “Sell”, while 0 “Hold”. This means 0 are positive. Valhi Inc has been the topic of 3 analyst reports since August 28, 2015 according to StockzIntelligence Inc. The firm has “Strong Sell” rating by Zacks given on Wednesday, September 2.
According to Zacks Investment Research, “Valhi Inc. operates through majority-owned subsidiaries or less than majority-owned affiliates in the chemicals, component products, waste management and titanium metals industries. These subsidiaries and affiliates are NL Industries, Inc. , CompX International Inc., Waste Control Specialists LLC, and Titanium Metal Corporation.”
Insitutional Activity: The institutional sentiment increased to 2.36 in Q2 2016. Its up 1.18, from 1.18 in 2016Q1. The ratio is positive, as 3 funds sold all Valhi, Inc. shares owned while 14 reduced positions. 5 funds bought stakes while 15 increased positions. They now own 3.52 million shares or 1.02% more from 3.48 million shares in 2016Q1.
Ladenburg Thalmann Fincl Service, a Florida-based fund reported 90 shares. State Board Of Administration Of Florida Retirement Sys accumulated 11,227 shares or 0% of the stock. Greenbrier Ptnrs Cap Limited Liability accumulated 344,790 shares or 0.15% of the stock. Sg Americas Llc has 67,129 shares for 0% of their US portfolio. Royal Commercial Bank Of Canada has 1,408 shares for 0% of their US portfolio. The Germany-based Deutsche Savings Bank Ag has invested 0% in Valhi, Inc. (NYSE:VHI). Morgan Stanley holds 0% or 2,850 shares in its portfolio. Citadel Advsrs Ltd Liability Company holds 0% or 64,590 shares in its portfolio. The New York-based Ny State Common Retirement Fund has invested 0% in Valhi, Inc. (NYSE:VHI). Cibc Asset Mngmt Inc, a Ontario – Canada-based fund reported 12,658 shares. Panagora Asset Management, a Massachusetts-based fund reported 10,314 shares. Nationwide Fund Advisors holds 0% or 10,804 shares in its portfolio. Vaughan David Il last reported 11,421 shares in the company. Horrell Inc last reported 0.02% of its portfolio in the stock. Kcg Hldgs holds 0% of its portfolio in Valhi, Inc. (NYSE:VHI) for 15,788 shares.
More news for Valhi, Inc. (NYSE:VHI) were recently published by: Streetinsider.com, which released: “Valhi, Inc. (VHI), EnergySolutions to Defend Acquisition of WCS Against U.S …” on November 17, 2016. Streetinsider.com‘s article titled: “Valhi, Inc. (VHI) Will Sell Waste Control Specialists Unit in ~$367M Deal” and published on November 19, 2015 is yet another important article.
VHI Company Profile
Valhi, Inc., incorporated on June 1, 1971, is a holding company. The Firm operates through four divisions: Chemicals, Component Products, Waste Management, and Real Estate Management and Development. The Firm operates through its subsidiaries, including NL Industries, Inc., Kronos Worldwide, Inc. (Kronos), CompX International Inc. (CompX) and Waste Control Specialists LLC (WCS).
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