Valhi (NYSE:VHI) Sees Strong Trading Volume – What’s Next?

Valhi, Inc. (NYSE:VHI) shares saw an uptick in trading volume on Tuesday . 45,432 shares traded hands during mid-day trading, an increase of 142% from the previous session’s volume of 18,781 shares.The stock last traded at $17.93 and had previously closed at $18.93.

Analysts Set New Price Targets

Separately, StockNews.com lowered Valhi from a “strong-buy” rating to a “buy” rating in a research report on Monday, November 11th.

Valhi Price Performance

The stock has a fifty day moving average of $21.63 and a 200-day moving average of $26.80. The firm has a market capitalization of $496.15 million, a P/E ratio of 5.62 and a beta of 1.20. The company has a quick ratio of 1.65, a current ratio of 2.79 and a debt-to-equity ratio of 0.39.

Institutional Trading of Valhi

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Public Employees Retirement System of Ohio raised its stake in shares of Valhi by 105.8% during the fourth quarter. Public Employees Retirement System of Ohio now owns 2,488 shares of the basic materials company’s stock worth $58,000 after buying an additional 1,279 shares during the last quarter. Rhumbline Advisers raised its position in shares of Valhi by 12.2% during the 4th quarter. Rhumbline Advisers now owns 4,325 shares of the basic materials company’s stock valued at $101,000 after acquiring an additional 469 shares during the last quarter. Barclays PLC lifted its stake in shares of Valhi by 322.8% in the 3rd quarter. Barclays PLC now owns 3,129 shares of the basic materials company’s stock valued at $104,000 after purchasing an additional 2,389 shares during the period. JPMorgan Chase & Co. boosted its position in shares of Valhi by 276.3% in the 4th quarter. JPMorgan Chase & Co. now owns 5,565 shares of the basic materials company’s stock worth $130,000 after purchasing an additional 4,086 shares during the last quarter. Finally, BNP Paribas Financial Markets bought a new position in shares of Valhi in the 4th quarter worth $202,000. Institutional investors and hedge funds own 3.83% of the company’s stock.

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.