Value Line (NASDAQ:VALU) Now Covered by Analysts at StockNews.com

StockNews.com began coverage on shares of Value Line (NASDAQ:VALU) in a research note published on Wednesday. The firm issued a hold rating on the financial services provider’s stock.

Value Line Price Performance

Shares of NASDAQ VALU opened at $38.00 on Wednesday. The stock has a market capitalization of $358.34 million, a price-to-earnings ratio of 19.59 and a beta of 0.76. The business has a 50-day moving average of $40.62 and a 200-day moving average of $42.46. Value Line has a fifty-two week low of $32.07 and a fifty-two week high of $62.09.

Value Line (NASDAQ:VALU) last posted its quarterly earnings results on Friday, March 15th. The financial services provider reported $0.62 EPS for the quarter. Value Line had a return on equity of 21.23% and a net margin of 47.81%. The business had revenue of $9.13 million during the quarter.

Value Line Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, February 9th. Investors of record on Monday, January 29th were issued a dividend of $0.28 per share. This represents a $1.12 dividend on an annualized basis and a yield of 2.95%. The ex-dividend date of this dividend was Friday, January 26th. Value Line’s payout ratio is currently 57.73%.

Hedge Funds Weigh In On Value Line

Hedge funds and other institutional investors have recently bought and sold shares of the business. UBS Group AG grew its holdings in Value Line by 627.5% during the fourth quarter. UBS Group AG now owns 582 shares of the financial services provider’s stock worth $30,000 after purchasing an additional 502 shares during the period. Tower Research Capital LLC TRC lifted its position in Value Line by 393.4% during the third quarter. Tower Research Capital LLC TRC now owns 1,051 shares of the financial services provider’s stock worth $46,000 after acquiring an additional 838 shares during the last quarter. Barclays PLC lifted its position in Value Line by 752.6% during the fourth quarter. Barclays PLC now owns 1,151 shares of the financial services provider’s stock worth $57,000 after acquiring an additional 1,016 shares during the last quarter. BNP Paribas Arbitrage SNC lifted its position in Value Line by 51.1% during the first quarter. BNP Paribas Arbitrage SNC now owns 2,038 shares of the financial services provider’s stock worth $98,000 after acquiring an additional 689 shares during the last quarter. Finally, Bank of America Corp DE lifted its position in Value Line by 165.9% during the fourth quarter. Bank of America Corp DE now owns 2,095 shares of the financial services provider’s stock worth $107,000 after acquiring an additional 1,307 shares during the last quarter. Institutional investors own 6.26% of the company’s stock.

About Value Line

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.