Valhi (NYSE:VHI) Earns "Hold (C-)" Rating from Weiss Ratings

Key Points

• Valhi's stock received a "hold (C-)" rating from Weiss Ratings, indicating a cautious outlook for investors.
• The company reported earnings per share of $0.03, significantly missing expectations of $0.76, with quarterly revenue of $540.40 million.
• Valhi's market capitalization stands at $435.54 million, with institutional investors owning 3.83% of the stock.

Valhi (NYSE:VHI - Get Free Report)'s stock had its "hold (c-)" rating reiterated by Weiss Ratings in a research note issued to investors on Wednesday,Weiss Ratings reports.

Valhi Stock Performance

VHI traded up $0.34 on Wednesday, reaching $15.39. The stock had a trading volume of 55,054 shares, compared to its average volume of 16,898. Valhi has a 12-month low of $14.10 and a 12-month high of $41.75. The company has a current ratio of 2.83, a quick ratio of 1.35 and a debt-to-equity ratio of 0.38. The business's 50-day moving average price is $16.19 and its two-hundred day moving average price is $16.41. The company has a market cap of $435.54 million, a P/E ratio of 4.49 and a beta of 1.17.

Valhi (NYSE:VHI - Get Free Report) last released its quarterly earnings data on Thursday, August 7th. The basic materials company reported $0.03 earnings per share for the quarter, missing analysts' consensus estimates of $0.76 by ($0.73). The firm had revenue of $540.40 million during the quarter. Valhi had a net margin of 4.69% and a return on equity of 7.02%.

Hedge Funds Weigh In On Valhi

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Segall Bryant & Hamill LLC acquired a new position in Valhi in the 1st quarter valued at about $1,011,000. Strs Ohio acquired a new position in Valhi in the 1st quarter valued at about $289,000. Millennium Management LLC acquired a new position in Valhi in the 4th quarter valued at about $203,000. JPMorgan Chase & Co. boosted its holdings in Valhi by 133.9% in the 2nd quarter. JPMorgan Chase & Co. now owns 4,867 shares of the basic materials company's stock valued at $79,000 after purchasing an additional 2,786 shares during the last quarter. Finally, Bridgeway Capital Management LLC boosted its holdings in Valhi by 1.2% in the 1st quarter. Bridgeway Capital Management LLC now owns 237,729 shares of the basic materials company's stock valued at $3,863,000 after purchasing an additional 2,753 shares during the last quarter. 3.83% of the stock is currently owned by institutional investors and hedge funds.

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.

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