Capital Investment Counsel Inc Increases Stake in Value Line, Inc. (NASDAQ:VALU)

Capital Investment Counsel Inc increased its holdings in Value Line, Inc. (NASDAQ:VALU) by 57.2% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 11,274 shares of the financial services provider’s stock after acquiring an additional 4,100 shares during the quarter. Capital Investment Counsel Inc owned approximately 0.12% of Value Line worth $486,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in VALU. Auxier Asset Management purchased a new position in Value Line in the fourth quarter valued at about $207,000. Valmark Advisers Inc. bought a new position in shares of Value Line during the 4th quarter worth approximately $268,000. Finally, SG Americas Securities LLC purchased a new stake in Value Line during the first quarter valued at approximately $346,000. 6.26% of the stock is currently owned by institutional investors.

Value Line Price Performance

NASDAQ VALU traded up $0.11 during trading on Tuesday, hitting $42.71. The company’s stock had a trading volume of 13,568 shares, compared to its average volume of 4,490. Value Line, Inc. has a fifty-two week low of $32.07 and a fifty-two week high of $58.45. The company has a market cap of $402.33 million, a PE ratio of 22.02 and a beta of 0.84. The business’s 50 day simple moving average is $43.62 and its 200-day simple moving average is $41.16.

Value Line (NASDAQ:VALU) last released its earnings results on Friday, July 26th. The financial services provider reported $0.51 earnings per share for the quarter. Value Line had a net margin of 50.73% and a return on equity of 21.65%. The company had revenue of $9.00 million for the quarter.

Value Line Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, August 12th. Investors of record on Monday, July 29th were given a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 2.81%. The ex-dividend date of this dividend was Monday, July 29th. Value Line’s payout ratio is 61.86%.

Analysts Set New Price Targets

Separately, StockNews.com lowered Value Line from a “buy” rating to a “hold” rating in a report on Tuesday, August 13th.

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.