StockNews.com Downgrades Valhi (NYSE:VHI) to Buy

StockNews.com downgraded shares of Valhi (NYSE:VHI) from a strong-buy rating to a buy rating in a research report released on Monday.

Separately, Barclays upped their target price on shares of Valhi from $11.00 to $20.00 and gave the stock an “underweight” rating in a research report on Wednesday, September 25th.

Valhi Stock Performance

Shares of VHI opened at $26.33 on Monday. The firm has a fifty day moving average of $32.85 and a 200-day moving average of $24.19. The company has a market cap of $745.01 million, a price-to-earnings ratio of 8.44 and a beta of 1.29. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.65 and a current ratio of 2.79. Valhi has a 1 year low of $12.12 and a 1 year high of $41.75.

Valhi Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 19th. Stockholders of record on Friday, November 29th will be paid a $0.08 dividend. The ex-dividend date is Friday, November 29th. This represents a $0.32 annualized dividend and a dividend yield of 1.22%. Valhi’s payout ratio is 10.26%.

Institutional Investors Weigh In On Valhi

Institutional investors have recently bought and sold shares of the stock. Segall Bryant & Hamill LLC bought a new stake in shares of Valhi during the 3rd quarter worth about $1,409,000. Empowered Funds LLC increased its stake in shares of Valhi by 10.1% during the third quarter. Empowered Funds LLC now owns 138,849 shares of the basic materials company’s stock valued at $4,633,000 after acquiring an additional 12,720 shares during the period. CWA Asset Management Group LLC bought a new stake in Valhi during the third quarter worth approximately $408,000. Ritholtz Wealth Management acquired a new stake in Valhi in the third quarter worth approximately $244,000. Finally, Martingale Asset Management L P bought a new position in Valhi during the 3rd quarter valued at $217,000. 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.