Valhi’s (VHI) “Hold (C-)” Rating Reiterated at Weiss Ratings

Weiss Ratings restated their hold (c-) rating on shares of Valhi (NYSE:VHI) in a research note released on Friday morning,Weiss Ratings reports.

Valhi Stock Performance

Shares of VHI stock opened at $14.72 on Friday. The company has a 50 day moving average price of $15.82 and a 200-day moving average price of $16.23. Valhi has a 52 week low of $13.65 and a 52 week high of $41.75. The firm has a market capitalization of $416.66 million, a PE ratio of 4.29 and a beta of 1.17. The company has a quick ratio of 1.35, a current ratio of 2.83 and a debt-to-equity ratio of 0.38.

Valhi (NYSE:VHI) last announced its quarterly earnings results on Thursday, August 7th. The basic materials company reported $0.03 EPS for the quarter, missing analysts’ consensus estimates of $0.76 by ($0.73). Valhi had a return on equity of 7.02% and a net margin of 4.69%.The company had revenue of $540.40 million during the quarter.

Valhi Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 25th. Investors of record on Friday, September 5th were given a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a yield of 2.2%. The ex-dividend date was Friday, September 5th. Valhi’s payout ratio is 9.33%.

Institutional Trading of Valhi

Several large investors have recently added to or reduced their stakes in VHI. Segall Bryant & Hamill LLC bought a new stake in Valhi during the first quarter valued at approximately $1,011,000. Strs Ohio bought a new stake in Valhi during the first quarter valued at approximately $289,000. JPMorgan Chase & Co. grew its position in Valhi by 133.9% during the second quarter. JPMorgan Chase & Co. now owns 4,867 shares of the basic materials company’s stock valued at $79,000 after buying an additional 2,786 shares during the period. Bridgeway Capital Management LLC grew its position in Valhi by 1.2% during the first quarter. Bridgeway Capital Management LLC now owns 237,729 shares of the basic materials company’s stock valued at $3,863,000 after buying an additional 2,753 shares during the period. Finally, Empowered Funds LLC grew its position in Valhi by 1.9% during the first quarter. Empowered Funds LLC now owns 144,202 shares of the basic materials company’s stock valued at $2,343,000 after buying an additional 2,753 shares during the period. 3.83% of the stock is currently owned by institutional investors.

Valhi Company Profile

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.