Value Line, Inc. (NASDAQ:VALU - Get Free Report)'s share price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $39.04 and traded as low as $38.30. Value Line shares last traded at $38.55, with a volume of 4,919 shares changing hands.
Value Line Trading Up 0.1%
The company has a market cap of $363.98 million, a P/E ratio of 17.66 and a beta of 1.10. The stock's 50 day moving average is $38.37 and its 200-day moving average is $38.85.
Value Line (NASDAQ:VALU - Get Free Report) last issued its quarterly earnings data on Tuesday, July 29th. The financial services provider reported $0.42 earnings per share for the quarter. Value Line had a net margin of 58.97% and a return on equity of 21.26%. The firm had revenue of $8.39 million for the quarter.
Value Line Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Monday, August 11th. Shareholders of record on Monday, July 28th were paid a dividend of $0.325 per share. This represents a $1.30 annualized dividend and a yield of 3.4%. The ex-dividend date of this dividend was Monday, July 28th. Value Line's payout ratio is presently 59.36%.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently bought and sold shares of the company. JPMorgan Chase & Co. lifted its position in shares of Value Line by 180.4% during the fourth 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. Arrowstreet Capital Limited Partnership purchased a new stake in shares of Value Line during the fourth quarter worth about $311,000. Northern Trust Corp grew its stake in shares of Value Line by 19.5% during the fourth quarter. Northern Trust Corp now owns 10,622 shares of the financial services provider's stock worth $561,000 after acquiring an additional 1,733 shares during the last quarter. Auxier Asset Management purchased a new stake in shares of Value Line during the fourth quarter worth about $224,000. Finally, Oppenheimer & Co. Inc. grew its stake in shares of Value Line by 284.5% during the first quarter. Oppenheimer & Co. Inc. now owns 21,150 shares of the financial services provider's stock worth $818,000 after acquiring an additional 15,650 shares during the last quarter. 6.26% of the stock is owned by hedge funds and other institutional investors.
About Value Line
(
Get Free Report)
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.
Further Reading
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