Shares of Value Line, Inc. (NASDAQ:VALU – Get Free Report) passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred 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 Analysts Forecast Growth
Separately, StockNews.com downgraded shares of Value Line from a “buy” rating to a “hold” rating in a research note on Thursday.
Check Out Our Latest Report on VALU
Value Line Price Performance
Value Line (NASDAQ:VALU – Get Free Report) last announced its quarterly earnings results 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 24.00% and a net margin of 62.02%.
Value Line Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Monday, February 10th. Investors of record on Monday, January 27th were given a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.98%. The ex-dividend date of this dividend was Monday, January 27th. Value Line’s dividend payout ratio (DPR) is 51.06%.
Institutional Investors Weigh In On Value Line
Institutional investors and hedge funds have recently bought and sold shares of the stock. Barclays PLC lifted its stake in 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 buying an additional 889 shares during the last quarter. JPMorgan Chase & Co. boosted its stake 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 worth $73,000 after purchasing an additional 923 shares during the period. Auxier Asset Management purchased a new position in Value Line during the 4th quarter worth $224,000. Oppenheimer & Co. Inc. raised its holdings 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 buying an additional 545 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership acquired a new stake in shares of Value Line during the fourth quarter worth about $311,000. 6.26% of the stock is 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.
Further Reading
- Five stocks we like better than Value Line
- How to Calculate Options Profits
- Analysts Lift Archer Aviation Stock Despite Earnings Miss
- How to Invest in Small Cap Stocks
- 5 Best Gold ETFs for March to Curb Recession Fears
- The Role Economic Reports Play in a Successful Investment Strategy
- 3 Stocks for Your Watchlist: Unlocking Tomorrow’s Winners Today
Receive News & Ratings for Value Line Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Value Line and related companies with MarketBeat.com's FREE daily email newsletter.