Value Line, Inc. (NASDAQ:VALU - Get Free Report) passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $46.60 and traded as high as $55.01. Value Line shares last traded at $53.62, with a volume of 2,904 shares changing hands.
Wall Street Analysts Forecast Growth
Separately, StockNews.com upgraded shares of Value Line from a "hold" rating to a "buy" rating in a report on Monday, December 16th.
Read Our Latest Stock Analysis on Value Line
Value Line Trading Down 0.8 %
The company has a 50 day moving average of $51.90 and a 200 day moving average of $46.65. The firm has a market cap of $501.04 million, a price-to-earnings ratio of 22.64 and a beta of 0.81.
Value Line (NASDAQ:VALU - Get Free Report) last issued 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 return on equity of 22.29% and a net margin of 54.72%.
Value Line Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, November 12th. Investors of record on Monday, October 28th were given a $0.30 dividend. The ex-dividend date of this dividend was Monday, October 28th. This represents a $1.20 annualized dividend and a yield of 2.26%. Value Line's dividend payout ratio is currently 51.06%.
Institutional Investors Weigh In On Value Line
A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Oppenheimer & Co. Inc. increased its stake in Value Line by 9.7% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 6,145 shares of the financial services provider's stock valued at $286,000 after buying an additional 545 shares during the last quarter. Barclays PLC grew 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 valued at $53,000 after acquiring an additional 889 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its position in shares of Value Line by 144.2% in the third quarter. JPMorgan Chase & Co. now owns 1,563 shares of the financial services provider's stock valued at $73,000 after acquiring an additional 923 shares during the last quarter. Institutional investors and hedge funds 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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