Value Line (NASDAQ:VALU) Upgraded at StockNews.com

StockNews.com upgraded shares of Value Line (NASDAQ:VALU) from a hold rating to a buy rating in a research note released on Monday.

Value Line Stock Down 3.6 %

NASDAQ VALU opened at $40.83 on Monday. The stock has a market capitalization of $384.62 million, a P/E ratio of 21.05 and a beta of 0.84. Value Line has a 52-week low of $32.07 and a 52-week high of $58.45. The firm has a 50-day moving average price of $43.90 and a 200 day moving average price of $41.12.

Value Line (NASDAQ:VALU) last issued 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 business also recently announced a quarterly dividend, which was paid on Monday, August 12th. Shareholders of record on Monday, July 29th were given a dividend of $0.30 per share. The ex-dividend date was Monday, July 29th. This represents a $1.20 annualized dividend and a yield of 2.94%. Value Line’s payout ratio is currently 61.86%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in VALU. Valmark Advisers Inc. acquired a new position in Value Line during the fourth quarter worth about $268,000. Capital Investment Counsel Inc acquired a new stake in shares of Value Line in the fourth quarter valued at approximately $350,000. Auxier Asset Management acquired a new stake in shares of Value Line in the fourth quarter valued at approximately $207,000. Finally, SG Americas Securities LLC acquired a new stake in shares of Value Line in the first quarter valued at approximately $346,000. 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.