Capital Investment Counsel Inc Purchases New Position in Value Line, Inc. (NASDAQ:VALU)

Capital Investment Counsel Inc acquired a new position in Value Line, Inc. (NASDAQ:VALU) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 7,174 shares of the financial services provider’s stock, valued at approximately $350,000.

Separately, Stratos Wealth Partners LTD. bought a new position in Value Line in the fourth quarter worth about $215,000. Institutional investors and hedge funds own 6.26% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com started coverage on Value Line in a research report on Thursday, April 25th. They issued a “hold” rating for the company.

Value Line Price Performance

NASDAQ:VALU opened at $36.94 on Tuesday. The firm’s 50-day moving average price is $39.84 and its 200-day moving average price is $42.24. The company has a market capitalization of $348.36 million, a PE ratio of 19.04 and a beta of 0.76. Value Line, Inc. has a 1-year low of $32.07 and a 1-year high of $62.09.

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

Value Line Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 10th. Shareholders of record on Monday, April 29th will be paid a dividend of $0.30 per share. This is a boost from Value Line’s previous quarterly dividend of $0.28. The ex-dividend date is Friday, April 26th. This represents a $1.20 dividend on an annualized basis and a yield of 3.25%. Value Line’s payout ratio is presently 61.86%.

Value Line 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.