Valhi (VHI) Stock Rating Lowered by ValuEngine

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

Several other research firms have also commented on VHI. TheStreet upgraded Valhi from a c rating to a b- rating in a research note on Wednesday, November 22nd. Barclays upped their target price on Valhi from $3.00 to $5.00 and gave the company an underweight rating in a research note on Wednesday, November 15th.

Valhi (NYSE:VHI) remained flat at $$6.25 during trading on Wednesday. 117,555 shares of the company’s stock were exchanged, compared to its average volume of 246,667. The stock has a market capitalization of $2,119.82, a price-to-earnings ratio of 27.18 and a beta of 3.13. Valhi has a 1-year low of $2.13 and a 1-year high of $7.28. The company has a quick ratio of 2.44, a current ratio of 3.44 and a debt-to-equity ratio of -18.05.

The firm also recently announced a quarterly dividend, which was paid on Friday, December 22nd. Investors of record on Wednesday, December 6th were paid a $0.02 dividend. 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 currently 34.78%.

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