Value Line, Inc. (NASDAQ:VALU - Get Free Report) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $39.81 and traded as low as $38.02. Value Line shares last traded at $38.02, with a volume of 3,615 shares.
Value Line Stock Performance
The stock has a market capitalization of $357.77 million, a price-to-earnings ratio of 16.68 and a beta of 1.06. The company's 50 day moving average is $38.62 and its 200 day moving average is $39.81.
Value Line Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Monday, August 11th. Investors of record on Monday, July 28th will be given a dividend of $0.325 per share. This represents a $1.30 dividend on an annualized basis and a dividend yield of 3.42%. The ex-dividend date is Monday, July 28th. Value Line's dividend payout ratio (DPR) is currently 57.02%.
Institutional Investors Weigh In On Value Line
A number of hedge funds have recently made changes to their positions in the company. Oppenheimer & Co. Inc. grew its position 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 buying an additional 15,650 shares during the period. Northern Trust Corp lifted its stake in 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 in the last quarter. Strs Ohio bought a new position in Value Line in the first quarter valued at approximately $356,000. Arrowstreet Capital Limited Partnership bought a new stake in shares of Value Line in the fourth quarter worth $311,000. Finally, JPMorgan Chase & Co. lifted 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 purchasing an additional 2,819 shares in the last quarter. Institutional investors and hedge funds own 6.26% of the company's stock.
Value Line Company Profile
(
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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