Valhi (NYSE:VHI) Research Coverage Started at StockNews.com

StockNews.com initiated coverage on shares of Valhi (NYSE:VHI – Get Rating) in a report released on Thursday morning. The firm issued a buy rating on the basic materials company’s stock.

Valhi Stock Performance

Shares of VHI opened at $16.50 on Thursday. The company has a current ratio of 3.23, a quick ratio of 1.93 and a debt-to-equity ratio of 0.43. The stock has a market cap of $466.60 million, a P/E ratio of 5.22 and a beta of 1.47. The company has a 50-day moving average of $23.81 and a two-hundred day moving average of $24.77. Valhi has a 12-month low of $15.59 and a 12-month high of $54.06.

Valhi Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 28th. Shareholders of record on Monday, March 13th will be given a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a yield of 1.94%. The ex-dividend date of this dividend is Friday, March 10th. Valhi’s payout ratio is currently 10.13%.

Hedge Funds Weigh In On Valhi

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. UBS Group AG raised its position in Valhi by 39.9% during the first quarter. UBS Group AG now owns 1,440 shares of the basic materials company’s stock worth $42,000 after acquiring an additional 411 shares during the last quarter. Martingale Asset Management L P grew its holdings in shares of Valhi by 4.7% during the second quarter. Martingale Asset Management L P now owns 11,225 shares of the basic materials company’s stock worth $509,000 after buying an additional 508 shares in the last quarter. Federated Hermes Inc. grew its holdings in shares of Valhi by 108.9% during the first quarter. Federated Hermes Inc. now owns 1,038 shares of the basic materials company’s stock worth $30,000 after buying an additional 541 shares in the last quarter. Lazard Asset Management LLC grew its holdings in shares of Valhi by 30.9% during the first quarter. Lazard Asset Management LLC now owns 3,170 shares of the basic materials company’s stock worth $92,000 after buying an additional 748 shares in the last quarter. Finally, Tower Research Capital LLC TRC grew its holdings in shares of Valhi by 644.2% during the third quarter. Tower Research Capital LLC TRC now owns 1,213 shares of the basic materials company’s stock worth $31,000 after buying an additional 1,050 shares in the last quarter. Institutional investors and hedge funds own 4.76% of the company’s stock.

Valhi Company Profile

(Get Rating)

Valhi, Inc is a holding company, which engages in the manufacture and marketing of titanium dioxide pigments. It operates through the following segments: Chemicals, Component Products, and Real Estate Management and Development. The Chemicals segment produces and markets titanium dioxide pigments for paints, plastics, paper, fibers, and ceramics.