Value Line, Inc. (NASDAQ:VALU - Get Free Report) crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred 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 changing hands.
Analyst Ratings Changes
Separately, Wall Street Zen downgraded shares of Value Line from a "buy" rating to a "hold" rating in a research report on Thursday, February 27th.
Get Our Latest Analysis on VALU
Value Line Price Performance
The company has a market cap of $362.53 million, a P/E ratio of 16.39 and a beta of 1.07. The stock has a fifty day moving average price of $39.37 and a two-hundred day moving average price of $42.74.
Value Line (NASDAQ:VALU - Get Free Report) last announced its earnings results on Friday, March 14th. The financial services provider reported $0.55 EPS for the quarter. Value Line had a net margin of 62.02% and a return on equity of 24.00%. The company had revenue of $8.97 million during the quarter. During the same quarter in the prior year, the company earned $1.51 EPS.
Value Line Increases Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Monday, May 12th. Shareholders of record on Monday, April 28th were paid a $0.325 dividend. This represents a $1.30 dividend on an annualized basis and a yield of 3.38%. The ex-dividend date was Monday, April 28th. This is an increase from Value Line's previous quarterly dividend of $0.30. Value Line's dividend payout ratio is 57.02%.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently modified their holdings of VALU. Strs Ohio purchased a new stake in Value Line in the first quarter worth $356,000. Cloud Capital Management LLC bought a new position in Value Line during the first quarter worth about $127,000. Oppenheimer & Co. Inc. increased its stake 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 worth $818,000 after purchasing an additional 15,650 shares in the last quarter. Auxier Asset Management purchased a new stake in shares of Value Line during the 4th quarter valued at approximately $224,000. Finally, Northern Trust Corp lifted its stake 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 valued at $561,000 after buying an additional 1,733 shares in the last quarter. 6.26% of the stock is owned by institutional investors.
About Value Line
(
Get Free Report)
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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