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

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

Valhi Stock Performance

NYSE:VHI opened at $19.01 on Wednesday. Valhi has a 1 year low of $10.80 and a 1 year high of $20.00. The firm has a 50 day moving average of $16.29 and a 200-day moving average of $14.76. The company has a current ratio of 3.45, a quick ratio of 2.14 and a debt-to-equity ratio of 0.41. The stock has a market capitalization of $537.79 million, a P/E ratio of 950.50 and a beta of 1.42.

Valhi (NYSE:VHI) last posted its earnings results on Thursday, March 7th. The basic materials company reported $0.14 earnings per share (EPS) for the quarter. Valhi had a net margin of 0.03% and a return on equity of 0.05%. The company had revenue of $453.00 million during the quarter.

Valhi Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 27th. Investors of record on Monday, June 10th will be given a $0.08 dividend. This represents a $0.32 annualized dividend and a yield of 1.68%. The ex-dividend date is Monday, June 10th. Valhi’s dividend payout ratio (DPR) is presently 1,600.00%.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Valhi stock. Jacobs Levy Equity Management Inc. increased its stake in Valhi, Inc. (NYSE:VHI) by 28.4% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 20,879 shares of the basic materials company’s stock after purchasing an additional 4,620 shares during the period. Jacobs Levy Equity Management Inc. owned 0.07% of Valhi worth $359,000 as of its most recent SEC filing. Hedge funds and other institutional investors 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.