Value Line (NASDAQ:VALU) Stock Price Crosses Below Two Hundred Day Moving Average - Here's What Happened

Shares of 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 $46.66 and traded as low as $36.50. Value Line shares last traded at $38.99, with a volume of 4,323 shares changing hands.

Analysts Set New Price Targets

Separately, StockNews.com upgraded shares of Value Line from a "hold" rating to a "buy" rating in a research note on Monday, December 16th.

Value Line Stock Performance

The company has a market cap of $372.56 million, a price-to-earnings ratio of 16.83 and a beta of 0.79. The business's 50 day moving average price is $45.28 and its 200-day moving average price is $46.62.

Value Line (NASDAQ:VALU - Get Free Report) last announced 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%.

Value Line Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, February 10th. Investors of record on Monday, January 27th were given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.03%. The ex-dividend date of this dividend was Monday, January 27th. Value Line's dividend payout ratio (DPR) is currently 51.06%.

Institutional Investors Weigh In On Value Line

Hedge funds have recently made changes to their positions in the company. Barclays PLC increased its position in shares of Value Line by 340.6% during 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 in the last quarter. JPMorgan Chase & Co. increased its position in shares of Value Line by 144.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,563 shares of the financial services provider's stock worth $73,000 after purchasing an additional 923 shares in the last quarter. Oppenheimer & Co. Inc. increased its position in shares of Value Line by 9.7% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 6,145 shares of the financial services provider's stock worth $286,000 after purchasing an additional 545 shares in the last quarter. Northern Trust Corp increased its position 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 worth $561,000 after purchasing an additional 1,733 shares in the last quarter. Finally, Auxier Asset Management acquired a new stake in shares of Value Line during the 4th quarter worth about $224,000. Institutional investors and hedge funds own 6.26% of the company's stock.

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.