Value Line (NASDAQ:VALU) Stock Passes Below 200 Day Moving Average - Here's Why

Key Points

• Value Line's stock has fallen below its 200-day moving average, reaching a low of $36.73, while trading last at $36.74.
• The company reported a Q2 EPS of $0.42 and an annualized dividend of $1.30, yielding 3.5% with a dividend payout ratio of 59.36%.
• Institutional investors have increased their holdings, with notable increases from Oppenheimer & Co. Inc., which raised its position by 284.5%.

Value Line, Inc. (NASDAQ:VALU - Get Free Report) shares passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $38.91 and traded as low as $36.73. Value Line shares last traded at $36.74, with a volume of 5,725 shares changing hands.

Value Line Price Performance

The firm has a market capitalization of $345.72 million, a PE ratio of 16.78 and a beta of 1.11. The company's fifty day simple moving average is $38.27 and its 200-day simple moving average is $38.91.

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 business had revenue of $8.39 million during the quarter. Value Line had a net margin of 58.97% and a return on equity of 21.26%.

Value Line Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, August 11th. Stockholders of record on Monday, July 28th were given a $0.325 dividend. This represents a $1.30 dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date was Monday, July 28th. Value Line's dividend payout ratio is 59.36%.

Institutional Investors Weigh In On Value Line

Hedge funds have recently modified their holdings of the business. Cloud Capital Management LLC acquired a new stake in shares of Value Line in the first quarter valued at about $127,000. Auxier Asset Management acquired a new stake in shares of Value Line in the fourth quarter valued at about $224,000. Strs Ohio acquired a new stake in shares of Value Line in the first quarter valued at about $356,000. Northern Trust Corp raised its position in shares of 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 buying an additional 1,733 shares during the last quarter. Finally, Oppenheimer & Co. Inc. raised its position in shares of Value Line by 284.5% in the first quarter. Oppenheimer & Co. Inc. now owns 21,150 shares of the financial services provider's stock valued at $818,000 after buying an additional 15,650 shares during the last quarter. 6.26% of the stock is currently owned by institutional investors and hedge funds.

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.

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