Value Line (NASDAQ:VALU) Upgraded to Hold at Wall Street Zen

Key Points

• Value Line (NASDAQ: VALU) has been upgraded to a "hold" rating by Wall Street Zen, reflecting a potentially cautious outlook from analysts.
• The company reported $0.42 earnings per share for the last quarter, with a >return on equity of 21.26% and a net margin of 58.97%.
• Institutional holdings in Value Line are increasing, with notable investments from firms like Oppenheimer & Co. Inc., which boosted its position by 284.5% in the first quarter.

Value Line (NASDAQ:VALU - Get Free Report) was upgraded by research analysts at Wall Street Zen to a "hold" rating in a report released on Saturday.

Value Line Price Performance

Value Line stock traded down $0.33 during midday trading on Friday, reaching $38.52. The company's stock had a trading volume of 3,307 shares, compared to its average volume of 6,673. The stock's 50-day simple moving average is $38.20 and its 200-day simple moving average is $38.83. Value Line has a 52-week low of $32.94 and a 52-week high of $57.68. The stock has a market capitalization of $362.47 million, a P/E ratio of 17.04 and a beta of 1.11.

Value Line (NASDAQ:VALU - Get Free Report) last released its quarterly earnings results on Monday, September 15th. The financial services provider reported $0.69 EPS for the quarter. Value Line had a return on equity of 21.35% and a net margin of 61.09%.The company had revenue of $8.61 million during the quarter.

Institutional Investors Weigh In On Value Line

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in VALU. Cloud Capital Management LLC purchased a new stake in Value Line in the first quarter valued at about $127,000. Auxier Asset Management purchased a new stake in Value Line in the fourth quarter valued at about $224,000. Strs Ohio acquired a new position in shares of Value Line in the first quarter valued at about $356,000. Northern Trust Corp increased its holdings 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 purchasing an additional 1,733 shares during the period. Finally, Oppenheimer & Co. Inc. increased its holdings 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 purchasing an additional 15,650 shares during the period. 6.26% of the stock is currently owned by hedge funds and other institutional investors.

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.