Valhi (NYSE:VHI) Earns Buy Rating from Analysts at StockNews.com

Equities researchers at StockNews.com started coverage on shares of Valhi (NYSE:VHI) in a report issued on Saturday. The brokerage set a “buy” rating on the basic materials company’s stock.

Valhi Stock Up 2.6 %

Shares of VHI opened at $15.50 on Friday. The stock’s 50-day moving average price is $14.91 and its two-hundred day moving average price is $14.05. Valhi has a 12 month low of $10.80 and a 12 month high of $17.61. The company has a market capitalization of $438.50 million, a PE ratio of -36.90 and a beta of 1.40. The company has a current ratio of 2.91, a quick ratio of 1.73 and a debt-to-equity ratio of 0.43.

Valhi (NYSE:VHI) last posted its quarterly earnings data on Thursday, March 7th. The basic materials company reported $0.14 EPS for the quarter. The company had revenue of $453.00 million for the quarter. Valhi had a negative return on equity of 0.95% and a negative net margin of 0.63%.

Institutional Investors Weigh In On Valhi

A number of hedge funds have recently added to or reduced their stakes in VHI. Bridgeway Capital Management LLC increased its stake in Valhi by 3.9% in the fourth quarter. Bridgeway Capital Management LLC now owns 204,906 shares of the basic materials company’s stock valued at $3,113,000 after purchasing an additional 7,768 shares in the last quarter. Renaissance Technologies LLC increased its position in Valhi by 15.0% in the 2nd quarter. Renaissance Technologies LLC now owns 185,917 shares of the basic materials company’s stock valued at $8,429,000 after buying an additional 24,200 shares in the last quarter. BlackRock Inc. raised its stake in Valhi by 18.4% during the 2nd quarter. BlackRock Inc. now owns 167,258 shares of the basic materials company’s stock worth $2,149,000 after buying an additional 25,966 shares during the period. Bank of New York Mellon Corp boosted its holdings in Valhi by 3.7% in the third quarter. Bank of New York Mellon Corp now owns 98,984 shares of the basic materials company’s stock worth $2,490,000 after acquiring an additional 3,547 shares in the last quarter. Finally, Jacobs Levy Equity Management Inc. boosted its holdings in Valhi by 308.2% in the third quarter. Jacobs Levy Equity Management Inc. now owns 57,171 shares of the basic materials company’s stock worth $1,438,000 after acquiring an additional 43,167 shares in the last quarter. 3.83% of the stock is currently owned by institutional investors.

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.