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

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 200-day moving average during trading on Friday . The stock has a 200-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 Trading Up 1.2%

The stock has a market cap of $363.79 million, a price-to-earnings ratio of 17.65 and a beta of 1.11. The stock has a fifty day simple moving average of $38.22 and a 200-day simple moving average of $38.88.

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

Value Line Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, August 11th. Shareholders of record on Monday, July 28th were issued a $0.325 dividend. The ex-dividend date of this dividend was Monday, July 28th. This represents a $1.30 dividend on an annualized basis and a yield of 3.4%. Value Line's dividend payout ratio (DPR) is 59.36%.

Institutional Trading of Value Line

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Cloud Capital Management LLC acquired a new stake in shares of Value Line during the 1st quarter worth approximately $127,000. Auxier Asset Management acquired a new stake in shares of Value Line during the 4th quarter worth approximately $224,000. Strs Ohio acquired a new stake in shares of Value Line during the 1st quarter worth approximately $356,000. Northern Trust Corp grew its holdings in shares of Value Line by 19.5% during the 4th quarter. Northern Trust Corp now owns 10,622 shares of the financial services provider's stock worth $561,000 after purchasing an additional 1,733 shares in the last quarter. Finally, Oppenheimer & Co. Inc. grew its holdings in shares of 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 purchasing an additional 15,650 shares in the last quarter. Institutional investors and hedge funds own 6.26% of the company's stock.

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.