Value Line (NASDAQ:VALU) Shares Pass Below Two Hundred Day Moving Average - Should You Sell?

Key Points

• Value Line, Inc. shares fell below their 200-day moving average of $39.42, reaching a low of $38.14 during trading, and closing at $38.45.
• Recently, the company announced a quarterly dividend of $0.325 per share, translating to an annualized dividend of $1.30 and a yield of 3.38%.
• Institutional investors increased their stakes in Value Line, with Oppenheimer & Co. Inc. boosting its position by 284.5% in the first quarter.

Value Line, Inc. (NASDAQ:VALU - Get Free Report) shares crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $39.42 and traded as low as $38.14. Value Line shares last traded at $38.45, with a volume of 4,045 shares.

Value Line Stock Up 1.3%

The stock has a market cap of $356.17 million, a PE ratio of 17.28 and a beta of 1.10. The company has a fifty day moving average price of $38.47 and a 200 day moving average price of $39.16.

Value Line (NASDAQ:VALU - Get Free Report) last issued its quarterly earnings results on Tuesday, July 29th. The financial services provider reported $0.42 earnings per share for the quarter. Value Line had a return on equity of 21.26% and a net margin of 58.97%. The company had revenue of $8.39 million for the quarter.

Value Line Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, August 11th. Stockholders of record on Monday, July 28th will be paid a $0.325 dividend. The ex-dividend date is Monday, July 28th. This represents a $1.30 annualized dividend and a dividend yield of 3.4%. Value Line's payout ratio is currently 59.36%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Northern Trust Corp increased its position 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 worth $561,000 after buying an additional 1,733 shares in the last quarter. JPMorgan Chase & Co. grew 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 valued at $231,000 after purchasing an additional 2,819 shares in the last quarter. Cloud Capital Management LLC bought a new stake in Value Line in the 1st quarter worth approximately $127,000. Auxier Asset Management purchased a new stake in shares of Value Line during the 4th quarter worth approximately $224,000. Finally, Arrowstreet Capital Limited Partnership bought a new position in shares of Value Line during the 4th quarter valued at approximately $311,000. 6.26% of the stock is owned by institutional investors.

About Value Line

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.