Shares of 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 $45.26 and traded as low as $39.18. Value Line shares last traded at $41.18, with a volume of 14,047 shares traded.
Wall Street Analysts Forecast Growth
Separately, StockNews.com lowered Value Line from a "buy" rating to a "hold" rating in a research note on Thursday, February 27th.
View Our Latest Research Report on VALU
Value Line Stock Performance
The firm's fifty day moving average is $39.57 and its 200-day moving average is $45.06. The company has a market capitalization of $384.09 million, a P/E ratio of 17.36 and a beta of 1.08.
Value Line (NASDAQ:VALU - Get Free Report) last posted its earnings results on Friday, March 14th. The financial services provider reported $0.55 earnings per share for the quarter. Value Line had a net margin of 62.02% and a return on equity of 24.00%. The firm had revenue of $8.97 million for the quarter. During the same period in the previous year, the firm posted $1.51 EPS.
Value Line Increases Dividend
The company also recently announced a quarterly dividend, which will be paid on Monday, May 12th. Shareholders of record on Monday, April 28th will be issued a $0.325 dividend. This represents a $1.30 dividend on an annualized basis and a yield of 3.19%. The ex-dividend date is Monday, April 28th. This is a boost from Value Line's previous quarterly dividend of $0.30. Value Line's dividend payout ratio is presently 57.02%.
Institutional Trading of Value Line
Hedge funds have recently made changes to their positions in the company. Oppenheimer & Co. Inc. grew its holdings in Value Line by 284.5% during the 1st 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. Northern Trust Corp increased its holdings in Value Line by 19.5% in the fourth quarter. Northern Trust Corp now owns 10,622 shares of the financial services provider's stock valued at $561,000 after purchasing an additional 1,733 shares during the period. Arrowstreet Capital Limited Partnership bought a new position in Value Line during the 4th quarter worth $311,000. JPMorgan Chase & Co. lifted its holdings in Value Line by 180.4% during the 4th quarter. JPMorgan Chase & Co. now owns 4,382 shares of the financial services provider's stock worth $231,000 after buying an additional 2,819 shares during the period. Finally, Auxier Asset Management bought a new stake in shares of Value Line in the 4th quarter valued at about $224,000. 6.26% of the stock is owned by institutional investors and hedge funds.
Value Line Company Profile
(
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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