Value Line (NASDAQ:VALU) Share Price Passes Below 200 Day Moving Average - Time to 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.

Shares of Value Line, Inc. (NASDAQ:VALU - Get Free Report) 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 traded.

Value Line Trading Up 0.6%

The company has a 50-day moving average price of $38.47 and a two-hundred day moving average price of $39.27. The stock has a market capitalization of $351.46 million, a P/E ratio of 17.05 and a beta of 1.10.

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

Value Line Announces Dividend

The company also recently announced 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 3.5%. Value Line's dividend payout ratio (DPR) is currently 59.36%.

Institutional Trading of Value Line

Several large investors have recently made changes to their positions in VALU. JPMorgan Chase & Co. boosted its stake 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 valued at $231,000 after purchasing an additional 2,819 shares during the last quarter. Arrowstreet Capital Limited Partnership acquired a new position in Value Line during the 4th quarter valued at about $311,000. Northern Trust Corp boosted its stake in Value Line by 19.5% during the 4th 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 last quarter. Auxier Asset Management acquired a new position in Value Line during the 4th quarter valued at about $224,000. Finally, Oppenheimer & Co. Inc. boosted its stake 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 valued at $818,000 after purchasing an additional 15,650 shares during the last quarter. 6.26% of the stock is currently owned by institutional investors and hedge funds.

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.