Shares of Value Line, Inc. (NASDAQ:VALU - Get Free Report) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $46.52 and traded as low as $39.08. Value Line shares last traded at $40.45, with a volume of 5,081 shares traded.
Wall Street Analyst Weigh In
Separately, StockNews.com cut shares of Value Line from a "buy" rating to a "hold" rating in a research note on Thursday.
View Our Latest Report on Value Line
Value Line Stock Down 6.4 %
The stock has a 50-day simple moving average of $44.00 and a 200 day simple moving average of $46.57. The company has a market cap of $360.99 million, a PE ratio of 16.31 and a beta of 0.79.
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 net margin of 62.02% and a return on equity of 24.00%.
Value Line Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Monday, February 10th. Stockholders of record on Monday, January 27th were paid a $0.30 dividend. The ex-dividend date was Monday, January 27th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.13%. Value Line's payout ratio is presently 51.06%.
Institutional Investors Weigh In On Value Line
Large investors have recently added to or reduced their stakes in the business. Oppenheimer & Co. Inc. raised its stake in shares of Value Line by 9.7% in the third quarter. Oppenheimer & Co. Inc. now owns 6,145 shares of the financial services provider's stock valued at $286,000 after acquiring an additional 545 shares in the last quarter. Barclays PLC increased its holdings in 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 during the period. JPMorgan Chase & Co. raised its position in Value Line by 144.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,563 shares of the financial services provider's stock valued at $73,000 after purchasing an additional 923 shares in the last quarter. Arrowstreet Capital Limited Partnership purchased a new position in shares of Value Line in the 4th quarter valued at about $311,000. Finally, Northern Trust Corp grew its position in shares of 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. 6.26% of the stock is owned by hedge funds and other institutional investors.
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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