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

Value Line, Inc. (NASDAQ:VALU - Get Free Report)'s stock price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $42.74 and traded as low as $38.01. Value Line shares last traded at $38.58, with a volume of 2,211 shares.

Wall Street Analyst Weigh In

Separately, Wall Street Zen cut shares of Value Line from a "buy" rating to a "hold" rating in a research report on Thursday, February 27th.

Value Line Trading Down 2.6%

The stock's fifty day moving average price is $39.42 and its two-hundred day moving average price is $42.49. The firm has a market capitalization of $353.12 million, a price-to-earnings ratio of 15.96 and a beta of 1.07.

Value Line (NASDAQ:VALU - Get Free Report) last posted its quarterly earnings data on Friday, March 14th. The financial services provider reported $0.55 EPS for the quarter. The company had revenue of $8.97 million for the quarter. Value Line had a net margin of 62.02% and a return on equity of 24.00%. During the same quarter in the prior year, the firm posted $1.51 earnings per share.

Value Line Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, May 12th. Shareholders of record on Monday, April 28th were paid a dividend of $0.325 per share. This is a boost from Value Line's previous quarterly dividend of $0.30. The ex-dividend date of this dividend was Monday, April 28th. This represents a $1.30 annualized dividend and a yield of 3.47%. Value Line's dividend payout ratio (DPR) is presently 57.02%.

Hedge Funds Weigh In On Value Line

Hedge funds have recently made changes to their positions in the business. Northern Trust Corp increased 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 worth $561,000 after acquiring an additional 1,733 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of Value Line by 180.4% in the fourth quarter. JPMorgan Chase & Co. now owns 4,382 shares of the financial services provider's stock worth $231,000 after acquiring an additional 2,819 shares in the last quarter. Cloud Capital Management LLC purchased a new position in shares of Value Line in the first quarter worth approximately $127,000. Auxier Asset Management purchased a new position in shares of Value Line in the fourth quarter worth approximately $224,000. Finally, Arrowstreet Capital Limited Partnership purchased a new position in shares of Value Line in the fourth quarter worth approximately $311,000. Institutional investors and hedge funds own 6.26% of the company's stock.

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.