Valhi (NYSE:VHI) Now Covered by Analysts at StockNews.com

StockNews.com assumed coverage on shares of Valhi (NYSE:VHIFree Report) in a report released on Thursday morning. The firm issued a buy rating on the basic materials company’s stock.

Valhi Trading Down 4.3 %

Shares of VHI stock opened at $18.69 on Thursday. The company has a debt-to-equity ratio of 0.41, a current ratio of 3.45 and a quick ratio of 2.14. The company has a market cap of $528.74 million, a price-to-earnings ratio of 934.50 and a beta of 1.42. The stock has a 50 day simple moving average of $16.51 and a 200-day simple moving average of $14.97. Valhi has a 1-year low of $10.80 and a 1-year high of $20.00.

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

Valhi Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 27th. Stockholders of record on Monday, June 10th will be issued a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a dividend yield of 1.71%. The ex-dividend date of this dividend is Monday, June 10th. Valhi’s dividend payout ratio is presently 1,600.00%.

Hedge Funds Weigh In On Valhi

An institutional investor recently raised its position in Valhi stock. Empowered Funds LLC boosted its position in shares of Valhi, Inc. (NYSE:VHIFree Report) by 8.1% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 117,129 shares of the basic materials company’s stock after acquiring an additional 8,750 shares during the quarter. Empowered Funds LLC owned 0.41% of Valhi worth $2,012,000 at the end of the most recent quarter. 3.83% of the stock is currently owned by institutional investors and hedge funds.

Valhi Company Profile

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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.

Further Reading

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