ValuEngine Lowers Valhi (VHI) to Sell

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

A number of other equities research analysts have also recently issued reports on the stock. TheStreet upgraded shares of Valhi from a c rating to a b- rating in a report on Wednesday, November 22nd. Barclays upped their price target on shares of Valhi from $3.00 to $5.00 and gave the company an underweight rating in a report on Wednesday, November 15th.

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

The company also recently declared 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. This represents a $0.08 dividend on an annualized basis and a yield of 1.28%. The ex-dividend date of this dividend was Tuesday, December 5th. Valhi’s dividend payout ratio (DPR) is 34.78%.

Several institutional investors and hedge funds have recently made changes to their positions in VHI. Acrospire Investment Management LLC raised its position in shares of Valhi by 421.4% during the second quarter. Acrospire Investment Management LLC now owns 43,320 shares of the basic materials company’s stock valued at $129,000 after buying an additional 35,012 shares during the last quarter. Goldman Sachs Group Inc. acquired a new position in shares of Valhi during the second quarter valued at about $133,000. Teachers Advisors LLC raised its position in shares of Valhi by 43.5% during the second quarter. Teachers Advisors LLC now owns 44,992 shares of the basic materials company’s stock valued at $134,000 after buying an additional 13,643 shares during the last quarter. Chicago Equity Partners LLC acquired a new position in shares of Valhi during the second quarter valued at about $155,000. Finally, Schwab Charles Investment Management Inc. raised its position in shares of 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 valued at $442,000 after buying an additional 76,186 shares during the last quarter. 2.10% of the stock is owned by institutional investors and hedge funds.

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About Valhi

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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