Valhi (NYSE:VHI) Sees Unusually-High Trading Volume

Valhi, Inc. (NYSE:VHI) saw strong trading volume on Thursday . 27,574 shares changed hands during mid-day trading, an increase of 173% from the previous session’s volume of 10,092 shares.The stock last traded at $22.80 and had previously closed at $21.85.

Analyst Ratings Changes

Separately, StockNews.com upgraded shares of Valhi from a “buy” rating to a “strong-buy” rating in a research report on Monday.

Valhi Trading Up 6.8 %

The company has a debt-to-equity ratio of 0.39, a current ratio of 3.49 and a quick ratio of 2.24. The firm’s 50 day moving average is $18.30 and its 200 day moving average is $16.55. The company has a market capitalization of $660.24 million, a PE ratio of 1,167.00 and a beta of 1.27.

Valhi (NYSE:VHI) last released its quarterly earnings results on Thursday, August 8th. The basic materials company reported $0.70 earnings per share for the quarter, beating the consensus estimate of $0.29 by $0.41. The business had revenue of $559.70 million for the quarter. Valhi had a net margin of 1.27% and a return on equity of 2.02%.

Valhi Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 26th. Investors of record on Friday, September 6th will be issued a $0.08 dividend. This represents a $0.32 annualized dividend and a yield of 1.37%. The ex-dividend date is Friday, September 6th. Valhi’s dividend payout ratio (DPR) is currently 1,600.00%.

Institutional Trading of Valhi

A hedge fund recently raised its stake in Valhi stock. Jacobs Levy Equity Management Inc. grew its holdings in shares of Valhi, Inc. (NYSE:VHI) by 28.4% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 20,879 shares of the basic materials company’s stock after buying an additional 4,620 shares during the period. Jacobs Levy Equity Management Inc. owned 0.07% of Valhi worth $359,000 as of its most recent SEC filing. 3.83% of the stock is currently 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.