Shares of Value Line, Inc. (NASDAQ:VALU – Get Free Report) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $46.66 and traded as low as $36.50. Value Line shares last traded at $38.99, with a volume of 4,323 shares trading hands.
Analysts Set New Price Targets
Separately, StockNews.com raised Value Line from a “hold” rating to a “buy” rating in a research note on Monday, December 16th.
View Our Latest Report on Value Line
Value Line Trading Up 6.2 %
Value Line (NASDAQ:VALU – Get Free Report) last issued its quarterly earnings results on Friday, December 13th. The financial services provider reported $0.60 earnings per share 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 firm also recently declared a quarterly dividend, which was paid on Monday, February 10th. Shareholders of record on Monday, January 27th were issued a $0.30 dividend. The ex-dividend date of this dividend was Monday, January 27th. This represents a $1.20 annualized dividend and a yield of 3.08%. Value Line’s dividend payout ratio (DPR) is presently 51.06%.
Institutional Inflows and Outflows
Several institutional investors have recently bought and sold shares of VALU. Oppenheimer & Co. Inc. raised its holdings 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 acquiring an additional 545 shares during the last quarter. Barclays PLC increased its holdings in shares of 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 buying an additional 889 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in shares of 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 buying an additional 923 shares during the last quarter. Arrowstreet Capital Limited Partnership acquired a new stake in shares of Value Line during the 4th quarter worth $311,000. Finally, Northern Trust Corp increased its holdings in shares of Value Line by 19.5% during the 4th 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 during the last quarter. 6.26% of the stock is currently owned by institutional investors and hedge funds.
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.
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