Value Line (NASDAQ:VALU - Get Free Report) was downgraded by equities researchers at StockNews.com from a "buy" rating to a "hold" rating in a research note issued to investors on Thursday.
Value Line Trading Down 6.4 %
NASDAQ:VALU traded down $2.61 during trading hours on Thursday, reaching $38.33. The company had a trading volume of 5,321 shares, compared to its average volume of 6,153. Value Line has a 52 week low of $32.94 and a 52 week high of $57.68. The firm has a market cap of $360.99 million, a price-to-earnings ratio of 16.31 and a beta of 0.79. The firm's 50 day moving average price is $44.00 and its 200-day moving average price is $46.57.
Value Line (NASDAQ:VALU - Get Free Report) last posted its quarterly earnings data on Friday, December 13th. The financial services provider reported $0.60 earnings per share (EPS) for the quarter. Value Line had a net margin of 62.02% and a return on equity of 24.00%.
Institutional Inflows and Outflows
Several hedge funds have recently bought and sold shares of the company. Arrowstreet Capital Limited Partnership bought a new stake in shares of Value Line during the fourth quarter valued at approximately $311,000. Auxier Asset Management bought a new stake in Value Line during the fourth quarter worth approximately $224,000. JPMorgan Chase & Co. raised its position in Value Line by 180.4% during the fourth quarter. JPMorgan Chase & Co. now owns 4,382 shares of the financial services provider's stock valued at $231,000 after purchasing an additional 2,819 shares during the period. Northern Trust Corp lifted its stake in shares of Value Line by 19.5% in the 4th 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 last quarter. Finally, Barclays PLC boosted its holdings in shares of Value Line by 340.6% in the 3rd quarter. Barclays PLC now owns 1,150 shares of the financial services provider's stock worth $53,000 after purchasing an additional 889 shares during the period. Institutional investors own 6.26% of the company's stock.
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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