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

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

Valhi Stock Down 2.5 %

Shares of NYSE:VHI opened at $17.38 on Monday. The stock has a market cap of $491.65 million, a P/E ratio of 869.00 and a beta of 1.43. The firm has a fifty day moving average price of $17.60 and a 200 day moving average price of $15.76. The company has a debt-to-equity ratio of 0.41, a current ratio of 3.45 and a quick ratio of 2.14. Valhi has a 1-year low of $10.80 and a 1-year high of $20.38.

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

Valhi Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, June 27th. Stockholders of record on Monday, June 10th were issued a $0.08 dividend. This represents a $0.32 annualized dividend and a dividend yield of 1.84%. The ex-dividend date was Monday, June 10th. Valhi’s payout ratio is 1,600.00%.

Institutional Trading of Valhi

A hedge fund recently raised its stake in Valhi stock. Jacobs Levy Equity Management Inc. grew its position in Valhi, Inc. (NYSE:VHI) by 28.4% during the 1st quarter, according to the company in its most recent disclosure with the Securities & 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 period. Jacobs Levy Equity Management Inc. owned about 0.07% of Valhi worth $359,000 at the end of the most recent quarter. Institutional investors and hedge funds 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.