Valhi (VHI) Downgraded by ValuEngine

Valhi (NYSE:VHI) was downgraded by equities researchers at ValuEngine from a “hold” rating to a “sell” rating in a research note issued on Wednesday.

Several other equities analysts have also recently weighed in on VHI. Barclays raised their target price on shares of Valhi from $3.00 to $5.00 and gave the company an “underweight” rating in a research note on Wednesday, November 15th. TheStreet raised shares of Valhi from a “c” rating to a “b-” rating in a research note on Wednesday, November 22nd.

Valhi (VHI) traded down $0.10 on Wednesday, reaching $5.97. 213,300 shares of the company traded hands, compared to its average volume of 312,083. The stock has a market capitalization of $2,020.00, a PE ratio of 27.14 and a beta of 3.13. Valhi has a 52 week low of $2.13 and a 52 week high of $7.28. The company has a quick ratio of 2.44, a current ratio of 3.44 and a debt-to-equity ratio of -18.05.

Several large investors have recently modified their holdings of the business. State Street Corp grew its stake in shares of Valhi by 15.0% in the 2nd quarter. State Street Corp now owns 297,086 shares of the basic materials company’s stock worth $885,000 after buying an additional 38,671 shares in the last quarter. Goldman Sachs Group Inc. purchased a new position in shares of Valhi in the 2nd quarter worth $133,000. Hillsdale Investment Management Inc. purchased a new position in shares of Valhi in the 2nd quarter worth $603,000. Northern Trust Corp grew its stake in shares of Valhi by 1.8% in the 2nd quarter. Northern Trust Corp now owns 261,196 shares of the basic materials company’s stock worth $778,000 after buying an additional 4,524 shares in the last quarter. Finally, Acrospire Investment Management LLC grew its stake in shares of Valhi by 421.4% in the 2nd quarter. Acrospire Investment Management LLC now owns 43,320 shares of the basic materials company’s stock worth $129,000 after buying an additional 35,012 shares in the last quarter. 2.10% of the stock is owned by institutional investors and hedge funds.

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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).

To view ValuEngine’s full report, visit ValuEngine’s official website.

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