Valhi (NYSE:VHI) Upgraded to “Buy” at Wall Street Zen

Wall Street Zen upgraded shares of Valhi (NYSE:VHI – Free Report) to a buy rating in a report released on Saturday,Wall Street Zen reports.

Separately, Weiss Ratings raised shares of Valhi from a “sell (d)” rating to a “sell (d+)” rating in a research report on Monday, August 17th. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company currently has an average rating of “Sell”.

Get Valhi alerts:

Read Our Latest Stock Analysis on Valhi

Valhi Stock Down 1.7%

NYSE VHI opened at $16.38 on Friday. The company has a quick ratio of 1.90, a current ratio of 3.37 and a debt-to-equity ratio of 0.42. The company has a fifty day moving average of $16.05 and a two-hundred day moving average of $14.71. The firm has a market capitalization of $463.88 million, a price-to-earnings ratio of -9.15 and a beta of 1.03. Valhi has a 52 week low of $11.44 and a 52 week high of $19.19.

Valhi (NYSE:VHI – Get Free Report) last announced its earnings results on Thursday, August 6th. The basic materials company reported $0.78 earnings per share for the quarter, missing the consensus estimate of $0.96 by ($0.18). Valhi had a negative net margin of 2.36% and a negative return on equity of 2.77%. The firm had revenue of $606.10 million during the quarter, compared to analysts’ expectations of $606.10 million.

Valhi Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 24th. Investors of record on Thursday, September 3rd will be given a dividend of $0.08 per share. The ex-dividend date of this dividend is Thursday, September 3rd. This represents a $0.32 dividend on an annualized basis and a yield of 2.0%. Valhi’s dividend payout ratio (DPR) is presently -17.88%.

Institutional Investors Weigh In On Valhi

Several institutional investors have recently added to or reduced their stakes in VHI. BlackRock Inc. purchased a new position in shares of Valhi in the second quarter worth about $2,776,000. Empowered Funds LLC purchased a new stake in Valhi in the second quarter valued at approximately $2,055,000. Bank of New York Mellon Corp purchased a new stake in Valhi in the second quarter valued at approximately $687,000. GSA Capital Partners LLP acquired a new position in Valhi in the 2nd quarter worth approximately $321,000. Finally, Connor Clark & Lunn Investment Management Ltd. acquired a new position in Valhi in the 2nd quarter worth approximately $148,000. Institutional investors and hedge funds own 3.83% of the company’s stock.

Valhi Company Profile

(Get Free Report)

Valhi, Inc is a diversified holding company headquartered in Dallas, Texas. Its principal businesses operate through subsidiaries in the chemicals, component products and real estate sectors. Valhi is affiliated with Contran Corporation, a holding company with long-standing ownership interests in Valhi and other industrial businesses.

Through Kronos Worldwide, Inc, Valhi participates in the manufacture and sale of titanium dioxide pigments, which are used to provide whiteness and opacity in paints, coatings, plastics, paper and other products.

Read More

• Five stocks we like better than Valhi
• Lennar’s Earnings Miss May Be Sending a Bigger Warning About U.S. Housing
• Priced for a Pullback or More Gains? These 3 Stocks Are Testing the Limits
• These 3 Agentic AI Stocks Have More Than Hype Behind Their Growth Stories
• Not Just Banks: 3 Trading Stocks to Watch After the Fed Rate Hike

Receive News & Ratings for Valhi Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Valhi and related companies with MarketBeat.com's FREE daily email newsletter.