Valhi (NYSE:VHI) Sees Strong Trading Volume

Valhi, Inc. (NYSE:VHI) shares saw unusually-strong trading volume on Tuesday . Approximately 18,933 shares were traded during trading, an increase of 129% from the previous session’s volume of 8,261 shares.The stock last traded at $18.20 and had previously closed at $17.67.

Analysts Set New Price Targets

Separately, StockNews.com assumed coverage on shares of Valhi in a report on Wednesday, July 17th. They issued a “buy” rating on the stock.

Valhi Stock Performance

The company’s fifty day moving average is $18.11 and its 200 day moving average is $15.93. The company has a market capitalization of $516.29 million, a P/E ratio of 915.00 and a beta of 1.27. The company has a current ratio of 3.45, a quick ratio of 2.14 and a debt-to-equity ratio of 0.41.

Valhi (NYSE:VHI) last posted its quarterly earnings data on Thursday, May 9th. The basic materials company reported $0.27 earnings per share for the quarter. The firm had revenue of $530.60 million for the quarter. Valhi had a net margin of 0.03% and a return on equity of 0.05%.

Valhi Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, June 27th. Shareholders of record on Monday, June 10th were issued a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a yield of 1.75%. The ex-dividend date was Monday, June 10th. Valhi’s dividend payout ratio (DPR) is presently 1,600.00%.

Institutional Investors Weigh In On Valhi

An institutional investor recently raised its position in Valhi stock. Jacobs Levy Equity Management Inc. increased its holdings in shares of Valhi, Inc. (NYSE:VHI) by 28.4% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,879 shares of the basic materials company’s stock after acquiring an additional 4,620 shares during the period. Jacobs Levy Equity Management Inc. owned approximately 0.07% of Valhi worth $359,000 at the end of the most recent reporting period. 3.83% of the stock is currently owned by institutional investors.

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.