Valhi (NYSE:VHI) Sees Large Volume Increase – What’s Next?

Valhi, Inc. (NYSE:VHI) saw strong trading volume on Monday . 20,182 shares changed hands during mid-day trading, an increase of 24% from the previous session’s volume of 16,252 shares.The stock last traded at $26.27 and had previously closed at $24.13.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on VHI shares. Barclays boosted their target price on Valhi from $11.00 to $20.00 and gave the stock an “underweight” rating in a research note 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, November 11th.

Valhi Price Performance

The company’s 50-day simple moving average is $32.69 and its 200-day simple moving average is $24.55. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.65 and a current ratio of 2.79. The company has a market capitalization of $738.35 million, a PE ratio of 8.36 and a beta of 1.29.

Valhi Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 19th. Shareholders of record on Friday, November 29th will be given a dividend of $0.08 per share. The ex-dividend date is Friday, November 29th. This represents a $0.32 dividend on an annualized basis and a yield of 1.23%. Valhi’s payout ratio is 10.26%.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of the stock. Barclays PLC raised its position in Valhi by 322.8% during the 3rd quarter. Barclays PLC now owns 3,129 shares of the basic materials company’s stock worth $104,000 after buying an additional 2,389 shares during the last quarter. Martingale Asset Management L P acquired a new position in Valhi during the third quarter worth $217,000. Ritholtz Wealth Management acquired a new stake in Valhi in the third quarter valued at $244,000. Greenwood Gearhart Inc. acquired a new stake in Valhi in the third quarter valued at $268,000. Finally, CWA Asset Management Group LLC purchased a new stake in shares of Valhi during the 3rd quarter worth $408,000. Institutional investors and hedge funds own 3.83% of the company’s stock.

About Valhi

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.