94,009 Shares in Value Line, Inc. $VALU Purchased by BlackRock Inc.

Key Points

• BlackRock acquired 94,009 Value Line shares during the second quarter, worth approximately $3.8 million and representing about 1% of the company. Institutional investors collectively own 6.26% of Value Line.
• Value Line shares opened at $38.61, with a market capitalization of roughly $362 million and a 12-month trading range of $32.00 to $41.18. The company recently reported quarterly EPS of $0.38 on $8.01 million in revenue.
• The company declared a quarterly dividend of $0.35, equivalent to an annualized $1.40 payout and a 3.6% yield. Analysts maintain a Hold consensus, while Weiss Ratings upgraded the stock from “hold (c-)” to “hold (c).”

BlackRock Inc. acquired a new stake in shares of Value Line, Inc. (NASDAQ:VALU - Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 94,009 shares of the financial services provider's stock, valued at approximately $3,805,000. BlackRock Inc. owned approximately 1.00% of Value Line as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of VALU. Wells Fargo & Company MN lifted its holdings in Value Line by 1.4% in the fourth quarter. Wells Fargo & Company MN now owns 27,018 shares of the financial services provider's stock worth $1,038,000 after acquiring an additional 370 shares during the last quarter. Millennium Management LLC acquired a new stake in shares of Value Line during the 3rd quarter worth approximately $334,000. Finally, Barclays PLC raised its position in shares of Value Line by 36.7% during the 4th quarter. Barclays PLC now owns 1,547 shares of the financial services provider's stock worth $59,000 after purchasing an additional 415 shares during the period. Institutional investors own 6.26% of the company's stock.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings raised shares of Value Line from a "hold (c-)" rating to a "hold (c)" rating in a report on Wednesday, August 26th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, Value Line has an average rating of "Hold".

Value Line Price Performance

Shares of VALU opened at $38.61 on Friday. The firm's 50 day moving average is $37.98 and its 200-day moving average is $36.09. Value Line, Inc. has a 12-month low of $32.00 and a 12-month high of $41.18. The stock has a market capitalization of $362.16 million, a P/E ratio of 16.79 and a beta of 1.03.

Value Line (NASDAQ:VALU - Get Free Report) last announced its earnings results on Wednesday, July 29th. The financial services provider reported $0.38 earnings per share (EPS) for the quarter. Value Line had a return on equity of 20.40% and a net margin of 64.67%.The company had revenue of $8.01 million for the quarter.

Value Line Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, August 11th. Stockholders of record on Monday, July 27th were given a $0.35 dividend. This represents a $1.40 annualized dividend and a dividend yield of 3.6%. The ex-dividend date of this dividend was Monday, July 27th. Value Line's dividend payout ratio (DPR) is 60.87%.

Value Line Company Profile

Value Line, Inc is a New York–based independent investment research and financial publishing company known for its flagship product, the Value Line Investment Survey. Established in 1931 by Arnold Bernhard, the firm provides timely data, analysis and investment recommendations on a broad universe of equities. Its research covers approximately 1,700 U.S. and Canadian stocks, offering proprietary rankings that help individual investors and financial advisors identify potential opportunities based on relative price performance, earnings outlook and risk metrics.

In addition to the Investment Survey, Value Line offers a suite of digital products and services designed to meet the evolving needs of its clientele.

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