Valhi (NYSE:VHI) Sees Strong Trading Volume

Shares of Valhi, Inc. (NYSE:VHI) saw unusually-strong trading volume on Monday . Approximately 18,165 shares were traded during trading, an increase of 152% from the previous session’s volume of 7,205 shares.The stock last traded at $18.50 and had previously closed at $17.83.

Analysts Set New Price Targets

Separately, StockNews.com started coverage on shares of Valhi in a report on Monday. They set a “buy” rating on the stock.

Valhi Stock Up 0.3 %

The company has a market capitalization of $506.07 million, a PE ratio of 891.50 and a beta of 1.43. The business has a 50-day moving average of $17.56 and a 200 day moving average of $15.73. The company has a debt-to-equity ratio of 0.41, a current ratio of 3.45 and a quick ratio of 2.14.

Valhi (NYSE:VHI) last released its earnings results on Thursday, May 9th. The basic materials company reported $0.27 earnings per share for the quarter. The firm had revenue of $530.60 million for the quarter. Valhi had a return on equity of 0.05% and a net margin of 0.03%.

Valhi Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 27th. Stockholders of record on Monday, June 10th were issued a dividend of $0.08 per share. The ex-dividend date of this dividend was Monday, June 10th. This represents a $0.32 annualized dividend and a dividend yield of 1.79%. Valhi’s dividend payout ratio is presently 1,600.00%.

Hedge Funds Weigh In On Valhi

A hedge fund recently raised its stake in Valhi stock. Jacobs Levy Equity Management Inc. boosted its stake in Valhi, Inc. (NYSE:VHI) by 28.4% during the first quarter, according to its most recent 13F filing with the SEC. 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 0.07% of Valhi worth $359,000 as of its most recent filing with the SEC. 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.