Short Interest in Value Line, Inc. (NASDAQ:VALU) Decreases By 15.9%

Value Line, Inc. (NASDAQ:VALU - Get Free Report) was the recipient of a large decline in short interest in the month of April. As of April 15th, there was short interest totalling 12,700 shares, a decline of 15.9% from the March 31st total of 15,100 shares. Based on an average daily trading volume, of 8,200 shares, the short-interest ratio is currently 1.5 days. Approximately 1.6% of the company's stock are short sold.

Institutional Investors Weigh In On Value Line

Several large investors have recently made changes to their positions in the company. Oppenheimer & Co. Inc. grew its position in Value Line by 284.5% in the 1st quarter. Oppenheimer & Co. Inc. now owns 21,150 shares of the financial services provider's stock valued at $818,000 after buying an additional 15,650 shares in the last quarter. Northern Trust Corp lifted its holdings in Value Line by 19.5% in the 4th quarter. Northern Trust Corp now owns 10,622 shares of the financial services provider's stock valued at $561,000 after acquiring an additional 1,733 shares during the last quarter. Arrowstreet Capital Limited Partnership bought a new position in shares of Value Line during the 4th quarter valued at about $311,000. JPMorgan Chase & Co. grew its stake in shares of Value Line by 180.4% in the 4th quarter. JPMorgan Chase & Co. now owns 4,382 shares of the financial services provider's stock worth $231,000 after purchasing an additional 2,819 shares during the last quarter. Finally, Auxier Asset Management acquired a new stake in Value Line during the fourth quarter valued at approximately $224,000. Institutional investors and hedge funds own 6.26% of the company's stock.

Analyst Ratings Changes

Separately, StockNews.com cut shares of Value Line from a "buy" rating to a "hold" rating in a research report on Thursday, February 27th.

Value Line Trading Down 1.0 %

VALU stock traded down $0.39 during midday trading on Thursday, hitting $39.24. 821 shares of the company's stock were exchanged, compared to its average volume of 8,149. The stock has a market capitalization of $369.41 million, a price-to-earnings ratio of 16.70 and a beta of 1.08. The firm has a 50 day moving average price of $39.52 and a 200-day moving average price of $44.85. Value Line has a 12-month low of $32.94 and a 12-month high of $57.68.

Value Line (NASDAQ:VALU - Get Free Report) last posted its quarterly earnings results on Friday, March 14th. The financial services provider reported $0.55 EPS for the quarter. The business had revenue of $8.97 million during the quarter. Value Line had a return on equity of 24.00% and a net margin of 62.02%. During the same quarter last year, the business posted $1.51 earnings per share.

Value Line Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, May 12th. Stockholders of record on Monday, April 28th will be given a dividend of $0.325 per share. The ex-dividend date of this dividend is Monday, April 28th. This represents a $1.30 annualized dividend and a dividend yield of 3.31%. This is a positive change from Value Line's previous quarterly dividend of $0.30. Value Line's dividend payout ratio is currently 57.02%.

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.