Valhi (NYSE:VHI) Research Coverage Started at StockNews.com

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

Valhi Stock Down 6.0 %

Valhi stock opened at $16.50 on Thursday. The company has a 50-day simple moving average of $23.81 and a 200-day simple moving average of $24.77. The firm has a market capitalization of $466.60 million, a P/E ratio of 5.22 and a beta of 1.47. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.93 and a current ratio of 3.23. Valhi has a one year low of $15.59 and a one year high of $54.06.

Valhi Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 28th. Investors of record on Monday, March 13th will be given a $0.08 dividend. The ex-dividend date of this dividend is Friday, March 10th. This represents a $0.32 dividend on an annualized basis and a yield of 1.94%. Valhi’s dividend payout ratio is presently 10.13%.

Hedge Funds Weigh In On Valhi

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. State of Tennessee Treasury Department grew its position in Valhi by 24.5% in the 4th quarter. State of Tennessee Treasury Department now owns 7,593 shares of the basic materials company’s stock valued at $167,000 after buying an additional 1,496 shares in the last quarter. Millennium Management LLC grew its position in Valhi by 189.8% in the 4th quarter. Millennium Management LLC now owns 29,510 shares of the basic materials company’s stock valued at $649,000 after buying an additional 19,326 shares in the last quarter. American Century Companies Inc. grew its position in Valhi by 36.3% in the 4th quarter. American Century Companies Inc. now owns 13,812 shares of the basic materials company’s stock valued at $304,000 after buying an additional 3,675 shares in the last quarter. JPMorgan Chase & Co. grew its position in Valhi by 69.2% in the 4th quarter. JPMorgan Chase & Co. now owns 3,692 shares of the basic materials company’s stock valued at $81,000 after buying an additional 1,510 shares in the last quarter. Finally, Cornercap Investment Counsel Inc. grew its position in Valhi by 79.4% in the 4th quarter. Cornercap Investment Counsel Inc. now owns 22,541 shares of the basic materials company’s stock valued at $496,000 after buying an additional 9,976 shares in the last quarter. Institutional investors own 4.76% of the company’s stock.

About Valhi

(Get Rating)

Valhi, Inc is a holding company, which engages in the manufacture and marketing of titanium dioxide pigments. It operates through the following segments: Chemicals, Component Products, and Real Estate Management and Development. The Chemicals segment produces and markets titanium dioxide pigments for paints, plastics, paper, fibers, and ceramics.

Featured Stories

Receive News & Ratings for Valhi Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Valhi and related companies with MarketBeat.com's FREE daily email newsletter.