Valhi (NYSE:VHI) Sees Unusually-High Trading Volume – What’s Next?

Shares of Valhi, Inc. (NYSE:VHI) saw strong trading volume on Monday . 29,575 shares were traded during mid-day trading, an increase of 99% from the previous session’s volume of 14,848 shares.The stock last traded at $35.53 and had previously closed at $41.30.

Analyst Ratings Changes

VHI has been the subject of a number of recent research reports. Barclays upped their price target on Valhi from $11.00 to $20.00 and gave the stock an “underweight” rating in a research report on Wednesday, September 25th. StockNews.com downgraded shares of Valhi from a “strong-buy” rating to a “buy” rating in a research report on Monday.

Valhi Stock Down 8.3 %

The company has a quick ratio of 1.65, a current ratio of 2.79 and a debt-to-equity ratio of 0.39. The firm has a fifty day moving average of $32.94 and a 200-day moving average of $24.15. The firm has a market cap of $817.02 million, a P/E ratio of 9.25 and a beta of 1.29.

Valhi Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 19th. Stockholders of record on Friday, November 29th will be paid a dividend of $0.08 per share. The ex-dividend date of this dividend is Friday, November 29th. This represents a $0.32 annualized dividend and a dividend yield of 1.11%. Valhi’s dividend payout ratio is presently 10.26%.

Institutional Trading of Valhi

Hedge funds have recently made changes to their positions in the business. Ritholtz Wealth Management acquired a new stake in Valhi during the third quarter worth approximately $244,000. CWA Asset Management Group LLC bought a new position in shares of Valhi in the third quarter worth about $408,000. Jacobs Levy Equity Management Inc. boosted its holdings 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 in the last quarter. Segall Bryant & Hamill LLC acquired a new stake in Valhi during the 3rd quarter worth approximately $1,409,000. Finally, Empowered Funds LLC grew its position in shares of Valhi by 10.1% in the 3rd quarter. Empowered Funds LLC now owns 138,849 shares of the basic materials company’s stock valued at $4,633,000 after buying an additional 12,720 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.