StockNews.com Initiates Coverage on Valhi (NYSE:VHI)

Investment analysts at StockNews.com assumed coverage on shares of Valhi (NYSE:VHI) in a report released on Monday. The brokerage set a “buy” rating on the basic materials company’s stock.

Valhi Trading Up 1.1 %

NYSE VHI opened at $17.57 on Monday. The company has a quick ratio of 2.14, a current ratio of 3.45 and a debt-to-equity ratio of 0.41. Valhi has a twelve month low of $10.80 and a twelve month high of $20.38. The firm has a market capitalization of $497.06 million, a PE ratio of 878.50 and a beta of 1.27. The stock’s 50 day moving average is $17.66 and its 200 day moving average is $15.79.

Valhi (NYSE:VHI) last released its earnings results on Thursday, May 9th. The basic materials company reported $0.27 EPS for the quarter. Valhi had a return on equity of 0.05% and a net margin of 0.03%. The business had revenue of $530.60 million for the quarter.

Institutional Investors Weigh In On Valhi

A hedge fund recently raised its stake in Valhi stock. Jacobs Levy Equity Management Inc. lifted its holdings in Valhi, Inc. (NYSE:VHI) by 28.4% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 20,879 shares of the basic materials company’s stock after purchasing an additional 4,620 shares during the quarter. Jacobs Levy Equity Management Inc. owned 0.07% of Valhi worth $359,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Institutional investors and hedge funds own 3.83% of the company’s stock.

About Valhi

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.