BidaskClub lowered shares of Valhi, Inc. (NYSE:VHI) from a hold rating to a sell rating in a research report released on Tuesday, August 1st.
Separately, TheStreet upgraded shares of Valhi from a d+ rating to a c rating in a research note on Thursday, May 11th.
Valhi (NYSE:VHI) traded up 1.98% during midday trading on Tuesday, hitting $2.58. The company had a trading volume of 100,026 shares. The firm has a market capitalization of $875.06 million, a P/E ratio of 28.67 and a beta of 2.59. The firm’s 50 day moving average is $3.08 and its 200-day moving average is $3.26. Valhi has a 52 week low of $1.77 and a 52 week high of $4.10.
COPYRIGHT VIOLATION NOTICE: “Valhi, Inc. (VHI) Stock Rating Lowered by BidaskClub” was originally reported by StockNewsTimes and is the property of of StockNewsTimes. If you are accessing this piece on another website, it was illegally copied and republished in violation of international copyright & trademark laws. The original version of this piece can be accessed at https://stocknewstimes.com/2017/08/12/valhi-inc-vhi-lowered-to-sell-at-bidaskclub-updated.html.
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 28th. Stockholders of record on Tuesday, September 5th will be paid a $0.02 dividend. The ex-dividend date of this dividend is Thursday, August 31st. This represents a $0.08 dividend on an annualized basis and a dividend yield of 3.10%. Valhi’s payout ratio is currently 72.73%.
Hedge funds have recently added to or reduced their stakes in the company. Teachers Advisors LLC raised its stake in Valhi by 43.5% in the second quarter. Teachers Advisors LLC now owns 44,992 shares of the basic materials company’s stock worth $134,000 after buying an additional 13,643 shares during the last quarter. Chicago Equity Partners LLC acquired a new stake in Valhi during the second quarter worth $155,000. Bank of New York Mellon Corp raised its stake in Valhi by 5.7% in the second quarter. Bank of New York Mellon Corp now owns 764,315 shares of the basic materials company’s stock worth $2,278,000 after buying an additional 41,377 shares during the last quarter. Schwab Charles Investment Management Inc. raised its stake in Valhi by 105.9% in the second quarter. Schwab Charles Investment Management Inc. now owns 148,158 shares of the basic materials company’s stock worth $442,000 after buying an additional 76,186 shares during the last quarter. Finally, Spark Investment Management LLC raised its stake in Valhi by 266.1% in the second quarter. Spark Investment Management LLC now owns 176,100 shares of the basic materials company’s stock worth $524,000 after buying an additional 128,000 shares during the last quarter. Hedge funds and other institutional investors own 1.80% of the company’s stock.
Valhi Company Profile
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).
Receive News & Ratings for Valhi Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Valhi Inc. and related companies with MarketBeat.com's FREE daily email newsletter.