Valhi (NYSE:VHI) Rating Lowered to “Buy” at StockNews.com

Valhi (NYSE:VHI) was downgraded by stock analysts at StockNews.com from a “strong-buy” rating to a “buy” rating in a research report issued to clients and investors on Monday.

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

Valhi Stock Performance

NYSE:VHI opened at $28.87 on Monday. The company has a current ratio of 3.49, a quick ratio of 2.24 and a debt-to-equity ratio of 0.39. The company has a market capitalization of $817.02 million, a P/E ratio of 9.25 and a beta of 1.29. The firm has a 50-day moving average price of $32.94 and a two-hundred day moving average price of $24.15. Valhi has a twelve month low of $11.49 and a twelve month high of $41.75.

Institutional Investors Weigh In On Valhi

Several hedge funds have recently modified their holdings of the company. Segall Bryant & Hamill LLC purchased a new position in shares of Valhi during the 3rd quarter worth $1,409,000. Empowered Funds LLC lifted its position in Valhi by 10.1% during the third quarter. Empowered Funds LLC now owns 138,849 shares of the basic materials company’s stock worth $4,633,000 after buying an additional 12,720 shares during the period. CWA Asset Management Group LLC acquired a new stake in Valhi in the 3rd quarter worth about $408,000. Ritholtz Wealth Management purchased a new stake in Valhi in the 3rd quarter valued at about $244,000. Finally, Jacobs Levy Equity Management Inc. increased its stake in shares of Valhi by 28.4% during the 1st quarter. Jacobs Levy Equity Management Inc. now owns 20,879 shares of the basic materials company’s stock valued at $359,000 after acquiring an additional 4,620 shares during the last quarter. 3.83% of the stock is owned by institutional investors and hedge funds.

Valhi Company Profile

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.