Valhi (NYSE:VHI) Lifted to Buy at ValuEngine

ValuEngine upgraded shares of Valhi (NYSE:VHI) from a hold rating to a buy rating in a report issued on Saturday morning, ValuEngine reports.

VHI stock opened at $2.20 on Friday. The company has a market cap of $756.49 million, a P/E ratio of 3.98 and a beta of 3.25. Valhi has a 1 year low of $1.63 and a 1 year high of $4.51. The company has a debt-to-equity ratio of 2.26, a current ratio of 4.50 and a quick ratio of 2.90. The stock’s fifty day moving average price is $1.99 and its 200-day moving average price is $2.37.

Valhi (NYSE:VHI) last released its quarterly earnings results on Thursday, August 8th. The basic materials company reported $0.02 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.10 by ($0.08). The firm had revenue of $528.60 million during the quarter. Valhi had a return on equity of 56.09% and a net margin of 10.03%.



The company also recently declared a quarterly dividend, which will be paid on Thursday, September 19th. Stockholders of record on Tuesday, September 3rd will be paid a $0.02 dividend. The ex-dividend date of this dividend is Friday, August 30th. This represents a $0.08 dividend on an annualized basis and a dividend yield of 3.64%.

Several hedge funds have recently added to or reduced their stakes in VHI. Aperio Group LLC purchased a new position in shares of Valhi in the 2nd quarter worth $27,000. Kahn Brothers Group Inc. DE purchased a new position in shares of Valhi in the 2nd quarter worth $31,000. Susquehanna International Group LLP purchased a new position in shares of Valhi in the 2nd quarter worth $32,000. Jane Street Group LLC purchased a new position in shares of Valhi in the 2nd quarter worth $34,000. Finally, Dupont Capital Management Corp purchased a new position in shares of Valhi in the 2nd quarter worth $48,000. Hedge funds and other institutional investors own 3.48% of the company’s stock.

Valhi Company Profile

Valhi, Inc engages in the chemicals, component products, and real estate management and development businesses worldwide. 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.

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To view ValuEngine’s full report, visit ValuEngine’s official website.

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