9,200 Shares in Value Line, Inc. $VALU Acquired by Strs Ohio

Key Points

• Strs Ohio recently acquired 9,200 shares of Value Line, Inc. (NASDAQ: VALU), valued at approximately $356,000, increasing its ownership stake to 0.10%.
• Value Line reported a quarterly earnings of $0.69 EPS and a revenue of $8.61 million, with a return on equity of 21.35% and a net margin of 61.09%.
• The company declared a quarterly dividend of $0.325, representing an annualized yield of 3.5%, with a payout ratio of 57.52%.

Strs Ohio bought a new position in Value Line, Inc. (NASDAQ:VALU - Free Report) in the first quarter, according to the company in its most recent disclosure with the SEC. The fund bought 9,200 shares of the financial services provider's stock, valued at approximately $356,000. Strs Ohio owned 0.10% of Value Line at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Northern Trust Corp boosted its stake in shares of Value Line by 19.5% in the 4th quarter. Northern Trust Corp now owns 10,622 shares of the financial services provider's stock worth $561,000 after buying an additional 1,733 shares during the last quarter. Cloud Capital Management LLC bought a new position in Value Line in the first quarter valued at about $127,000. Finally, Oppenheimer & Co. Inc. boosted its position in Value Line by 284.5% in the first quarter. Oppenheimer & Co. Inc. now owns 21,150 shares of the financial services provider's stock worth $818,000 after purchasing an additional 15,650 shares during the last quarter. 6.26% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen raised shares of Value Line to a "hold" rating in a research report on Saturday, September 13th.

Value Line Stock Performance

NASDAQ:VALU opened at $37.42 on Wednesday. The stock has a 50-day simple moving average of $38.19 and a two-hundred day simple moving average of $38.78. The firm has a market capitalization of $352.12 million, a PE ratio of 16.56 and a beta of 1.11. Value Line, Inc. has a 52-week low of $32.94 and a 52-week high of $57.68.

Value Line (NASDAQ:VALU - Get Free Report) last posted its quarterly earnings data on Monday, September 15th. The financial services provider reported $0.69 EPS for the quarter. The firm had revenue of $8.61 million for the quarter. Value Line had a return on equity of 21.35% and a net margin of 61.09%.

Value Line Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, August 11th. Shareholders of record on Monday, July 28th were given a $0.325 dividend. This represents a $1.30 dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date was Monday, July 28th. Value Line's dividend payout ratio is presently 57.52%.

Value Line Company Profile

Value Line, Inc produces and sells investment periodicals and related publications. Its investment periodicals and related publications cover a range of investments, including stocks, mutual funds, exchange traded funds (ETFs), and options. The company's research services include The Value Line Investment Survey, The Value Line Investment Survey - Small and Mid-Cap, The Value Line 600, and The Value Line Fund Advisor Plus that provide statistical and text coverage of various investment securities, with an emphasis placed on its proprietary research, analysis, and statistical ranks.

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