Value Line, Inc. (NASDAQ:VALU - Get Free Report) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $44.57 and traded as low as $40.50. Value Line shares last traded at $40.70, with a volume of 6,160 shares trading hands.
Analysts Set New Price Targets
Separately, StockNews.com lowered Value Line from a "buy" rating to a "hold" rating in a research report on Thursday, February 27th.
Read Our Latest Stock Analysis on Value Line
Value Line Stock Performance
The firm has a 50 day simple moving average of $39.37 and a two-hundred day simple moving average of $44.27. The stock has a market cap of $377.50 million, a P/E ratio of 17.06 and a beta of 1.08.
Value Line (NASDAQ:VALU - Get Free Report) last posted its quarterly earnings data on Friday, March 14th. The financial services provider reported $0.55 EPS for the quarter. Value Line had a return on equity of 24.00% and a net margin of 62.02%. The company had revenue of $8.97 million for the quarter. During the same period in the prior year, the firm posted $1.51 EPS.
Value Line Increases Dividend
The company also recently disclosed a quarterly dividend, which was paid on Monday, May 12th. Stockholders of record on Monday, April 28th were paid a $0.325 dividend. This represents a $1.30 dividend on an annualized basis and a dividend yield of 3.24%. The ex-dividend date was Monday, April 28th. This is an increase from Value Line's previous quarterly dividend of $0.30. Value Line's payout ratio is currently 57.02%.
Institutional Trading of Value Line
Hedge funds and other institutional investors have recently modified their holdings of the company. Barclays PLC raised its stake in shares of Value Line by 340.6% in the 3rd quarter. Barclays PLC now owns 1,150 shares of the financial services provider's stock worth $53,000 after buying an additional 889 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in shares of Value Line by 144.2% during the third quarter. JPMorgan Chase & Co. now owns 1,563 shares of the financial services provider's stock valued at $73,000 after buying an additional 923 shares in the last quarter. Cloud Capital Management LLC purchased a new position in Value Line in the first quarter valued at about $127,000. Auxier Asset Management purchased a new position in Value Line in the fourth quarter valued at about $224,000. Finally, Arrowstreet Capital Limited Partnership purchased a new position in Value Line in the fourth quarter valued at about $311,000. Institutional investors own 6.26% of the company's stock.
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.
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