StockNews.com Begins Coverage on Valhi (NYSE:VHI)

StockNews.com started coverage on shares of Valhi (NYSE:VHI) in a report issued on Tuesday morning. The firm issued a buy rating on the basic materials company’s stock.

Valhi Stock Performance

Shares of VHI opened at $16.86 on Tuesday. The company has a 50-day simple moving average of $17.89 and a 200-day simple moving average of $15.83. The company has a quick ratio of 2.14, a current ratio of 3.45 and a debt-to-equity ratio of 0.41. The company has a market capitalization of $476.94 million, a PE ratio of 843.00 and a beta of 1.27. Valhi has a 52-week low of $10.80 and a 52-week high of $20.38.

Valhi (NYSE:VHI) last announced its quarterly earnings results on Thursday, May 9th. The basic materials company reported $0.27 earnings per share (EPS) for the quarter. Valhi had a net margin of 0.03% and a return on equity of 0.05%. The business had revenue of $530.60 million during the quarter.

Valhi Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 27th. Shareholders of record on Monday, June 10th were issued a dividend of $0.08 per share. The ex-dividend date of this dividend was Monday, June 10th. This represents a $0.32 annualized dividend and a yield of 1.90%. Valhi’s dividend payout ratio (DPR) is currently 1,600.00%.

Hedge Funds Weigh In On Valhi

An institutional investor recently raised its position in Valhi stock. Jacobs Levy Equity Management Inc. raised its holdings in shares of Valhi, Inc. (NYSE:VHI) by 28.4% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 20,879 shares of the basic materials company’s stock after acquiring an additional 4,620 shares during the quarter. Jacobs Levy Equity Management Inc. owned approximately 0.07% of Valhi worth $359,000 as of its most recent filing with the Securities and Exchange Commission. Institutional investors and hedge funds own 3.83% of the company’s stock.

Valhi Company 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.