Valhi (VHI) Downgraded by ValuEngine to Sell

ValuEngine cut shares of Valhi (NYSE:VHI) from a hold rating to a sell rating in a research report sent to investors on Wednesday.

VHI has been the topic of a number of other research reports. TheStreet upgraded shares of Valhi from a c rating to a b- rating in a research report on Wednesday, November 22nd. Barclays boosted their target price on shares of Valhi from $3.00 to $5.00 and gave the company an underweight rating in a research report on Wednesday, November 15th.

Valhi (NYSE VHI) opened at $6.25 on Wednesday. The company has a debt-to-equity ratio of -18.05, a quick ratio of 2.44 and a current ratio of 3.44. Valhi has a 1 year low of $2.13 and a 1 year high of $7.28. The stock has a market cap of $2,119.82, a price-to-earnings ratio of 27.18 and a beta of 3.13.

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 22nd. Shareholders of record on Wednesday, December 6th were issued a dividend of $0.02 per share. The ex-dividend date of this dividend was Tuesday, December 5th. This represents a $0.08 annualized dividend and a yield of 1.28%. Valhi’s payout ratio is 34.78%.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in VHI. Schwab Charles Investment Management Inc. raised its holdings in Valhi by 105.9% during the second quarter. Schwab Charles Investment Management Inc. now owns 148,158 shares of the basic materials company’s stock worth $442,000 after buying an additional 76,186 shares during the last quarter. Bank of New York Mellon Corp raised its holdings in Valhi by 5.7% during the second quarter. Bank of New York Mellon Corp now owns 764,315 shares of the basic materials company’s stock worth $2,278,000 after buying an additional 41,377 shares during the last quarter. Chicago Equity Partners LLC acquired a new position in Valhi during the second quarter worth $155,000. Teachers Advisors LLC raised its holdings in Valhi by 43.5% during the second quarter. Teachers Advisors LLC now owns 44,992 shares of the basic materials company’s stock worth $134,000 after buying an additional 13,643 shares during the last quarter. Finally, TIAA CREF Investment Management LLC raised its holdings in Valhi by 173.4% during the second quarter. TIAA CREF Investment Management LLC now owns 164,351 shares of the basic materials company’s stock worth $490,000 after buying an additional 104,246 shares during the last quarter. Hedge funds and other institutional investors own 2.10% of the company’s stock.

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Valhi Company Profile

Valhi, Inc is a holding company. The Company operates through four segments: Chemicals, Component Products, Waste Management, and Real Estate Management and Development. The Company operates through its subsidiaries, including NL Industries, Inc, Kronos Worldwide, Inc (Kronos), CompX International Inc (CompX) and Waste Control Specialists LLC (WCS).

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

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