Valhi (NYSE:VHI) Sees Large Volume Increase

Valhi, Inc. (NYSE:VHI) shares saw strong trading volume on Monday . 21,512 shares changed hands during trading, an increase of 69% from the previous session’s volume of 12,743 shares.The stock last traded at $28.25 and had previously closed at $27.51.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded shares of Valhi from a “buy” rating to a “strong-buy” rating in a research report on Monday, August 12th.

Valhi Stock Performance

The company has a debt-to-equity ratio of 0.39, a quick ratio of 2.24 and a current ratio of 3.49. The stock’s 50-day moving average is $21.72 and its 200 day moving average is $18.41. The firm has a market cap of $770.33 million, a P/E ratio of 1,356.00 and a beta of 1.28.

Valhi (NYSE:VHI) last announced its earnings results on Thursday, August 8th. The basic materials company reported $0.70 earnings per share for the quarter, topping analysts’ consensus estimates of $0.29 by $0.41. The firm had revenue of $559.70 million during the quarter. Valhi had a net margin of 1.27% and a return on equity of 2.02%.

Valhi Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 26th. Stockholders of record on Friday, September 6th will be paid a dividend of $0.08 per share. The ex-dividend date is Friday, September 6th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 1.18%. Valhi’s dividend payout ratio is 1,600.00%.

Institutional Investors Weigh In On Valhi

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