Value Line (NASDAQ:VALU) Stock Rating Lowered by StockNews.com

StockNews.com downgraded shares of Value Line (NASDAQ:VALU) from a buy rating to a hold rating in a report released on Thursday morning.

Value Line Stock Up 0.4 %

Shares of Value Line stock opened at $40.45 on Thursday. Value Line has a twelve month low of $32.94 and a twelve month high of $57.68. The company has a 50-day simple moving average of $44.27 and a two-hundred day simple moving average of $46.52. The stock has a market capitalization of $380.96 million, a price-to-earnings ratio of 17.21 and a beta of 0.79.

Value Line (NASDAQ:VALU) last issued its quarterly earnings data on Friday, December 13th. The financial services provider reported $0.60 earnings per share for the quarter. Value Line had a net margin of 62.02% and a return on equity of 24.00%.

Value Line Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, February 10th. Shareholders of record on Monday, January 27th were paid a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 2.97%. The ex-dividend date was Monday, January 27th. Value Line’s dividend payout ratio (DPR) is 51.06%.

Hedge Funds Weigh In On Value Line

Several hedge funds and other institutional investors have recently made changes to their positions in VALU. Oppenheimer & Co. Inc. raised its position in shares of 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 buying an additional 545 shares in the last quarter. Barclays PLC raised its position in shares of Value Line by 340.6% in the 3rd 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 in the last quarter. JPMorgan Chase & Co. raised its position in shares of Value Line by 144.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,563 shares of the financial services provider’s stock valued at $73,000 after buying an additional 923 shares in the last quarter. Arrowstreet Capital Limited Partnership acquired a new position in shares of Value Line in the 4th quarter valued at approximately $311,000. Finally, Northern Trust Corp raised its position in shares of Value Line by 19.5% in the 4th quarter. Northern Trust Corp now owns 10,622 shares of the financial services provider’s stock valued at $561,000 after buying an additional 1,733 shares in the last quarter. 6.26% of the stock is currently owned by institutional investors and hedge funds.

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.