Value Line (NASDAQ:VALU) Shares Cross Below 200 Day Moving Average - What's Next?

Value Line, Inc. (NASDAQ:VALU - Get Free Report)'s stock price crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $45.84 and traded as low as $36.62. Value Line shares last traded at $36.76, with a volume of 9,768 shares.

Analysts Set New Price Targets

Separately, StockNews.com cut shares of Value Line from a "buy" rating to a "hold" rating in a research note on Thursday, February 27th.

Value Line Stock Down 1.1 %

The stock's fifty day simple moving average is $38.57 and its 200-day simple moving average is $45.71. The company has a market capitalization of $370.25 million, a PE ratio of 16.74 and a beta of 0.95.

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

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Value Line Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, February 10th. Investors of record on Monday, January 27th were given a $0.30 dividend. The ex-dividend date was Monday, January 27th. This represents a $1.20 annualized dividend and a dividend yield of 3.05%. Value Line's dividend payout ratio is presently 52.63%.

Hedge Funds Weigh In On Value Line

Several hedge funds have recently added to or reduced their stakes in the business. Barclays PLC grew its position in shares of Value Line by 340.6% in the third quarter. Barclays PLC now owns 1,150 shares of the financial services provider's stock valued at $53,000 after purchasing an additional 889 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in Value Line by 144.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,563 shares of the financial services provider's stock valued at $73,000 after buying an additional 923 shares during the last quarter. Northern Trust Corp increased its position in Value Line by 19.5% during the fourth quarter. Northern Trust Corp now owns 10,622 shares of the financial services provider's stock worth $561,000 after buying an additional 1,733 shares in the last quarter. Auxier Asset Management acquired a new position in shares of Value Line in the fourth quarter worth $224,000. Finally, Arrowstreet Capital Limited Partnership purchased a new stake in shares of Value Line in the fourth quarter valued at $311,000. 6.26% of the stock is currently owned by hedge funds and other institutional investors.

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.