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

Valhi, Inc. (NYSE:VHI) shares saw an uptick in trading volume on Wednesday . 16,651 shares changed hands during mid-day 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.

Analysts Set New Price Targets

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

Valhi Trading Up 1.2 %

The company has a current ratio of 2.79, a quick ratio of 1.65 and a debt-to-equity ratio of 0.39. The company has a market capitalization of $538.97 million, a price-to-earnings ratio of 6.10 and a beta of 1.20. The company has a fifty day moving average of $22.04 and a 200-day moving average of $26.76.

Institutional Investors Weigh In On Valhi

Several institutional investors have recently bought and sold shares of the company. Segall Bryant & Hamill LLC acquired a new position in shares of Valhi during the 3rd quarter worth approximately $1,409,000. Geode Capital Management LLC boosted its holdings in shares of Valhi by 3.4% during the 3rd quarter. Geode Capital Management LLC now owns 53,827 shares of the basic materials company’s stock worth $1,796,000 after purchasing an additional 1,794 shares during the last quarter. State Street Corp boosted its holdings in shares of Valhi by 3.6% during the 3rd quarter. State Street Corp now owns 37,586 shares of the basic materials company’s stock worth $1,254,000 after purchasing an additional 1,307 shares during the last quarter. Barclays PLC boosted its holdings in shares of 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 purchasing an additional 2,389 shares during the last quarter. Finally, Martingale Asset Management L P acquired a new position in shares of Valhi during the 3rd quarter worth approximately $217,000. 3.83% of the stock is currently owned by institutional investors and hedge funds.

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.