Valhi (NYSE:VHI) Sees Unusually-High Trading Volume – Time to Buy?

Valhi, Inc. (NYSE:VHI) saw unusually-strong trading volume on Wednesday . Approximately 16,651 shares changed hands during trading, a decline of 5% from the previous session’s volume of 17,597 shares.The stock last traded at $18.78 and had previously closed at $19.63.

Analyst Upgrades and Downgrades

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

Valhi Trading Up 1.2 %

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 50 day moving average of $22.04 and a two-hundred day moving average of $26.76. The stock has a market cap of $538.97 million, a PE ratio of 6.10 and a beta of 1.20.

Hedge Funds Weigh In On Valhi

Several institutional investors and hedge funds have recently modified their holdings of the business. Rhumbline Advisers increased its stake in shares of Valhi by 12.2% in the 4th quarter. Rhumbline Advisers now owns 4,325 shares of the basic materials company’s stock valued at $101,000 after purchasing an additional 469 shares in the last quarter. Sei Investments Co. increased its stake in shares of Valhi by 8.7% in the 4th quarter. Sei Investments Co. now owns 8,845 shares of the basic materials company’s stock valued at $207,000 after purchasing an additional 707 shares in the last quarter. Public Employees Retirement System of Ohio increased its stake in shares of Valhi by 105.8% in the 4th quarter. Public Employees Retirement System of Ohio now owns 2,488 shares of the basic materials company’s stock valued at $58,000 after purchasing an additional 1,279 shares in the last quarter. State Street Corp increased its stake in shares of Valhi by 3.6% in the 3rd quarter. State Street Corp now owns 37,586 shares of the basic materials company’s stock valued at $1,254,000 after purchasing an additional 1,307 shares in the last quarter. Finally, Geode Capital Management LLC increased its stake in shares of Valhi by 3.4% in the 3rd quarter. Geode Capital Management LLC now owns 53,827 shares of the basic materials company’s stock valued at $1,796,000 after purchasing an additional 1,794 shares in the last quarter. Hedge funds and other 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.