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 report sent to investors on Friday. The brokerage issued a hold rating on the financial services provider’s stock.

Value Line Trading Down 1.8 %

Shares of NASDAQ:VALU opened at $37.20 on Friday. The stock’s 50-day moving average price is $39.12 and its 200-day moving average price is $42.35. Value Line has a 12-month low of $32.07 and a 12-month high of $62.09. The stock has a market capitalization of $350.80 million, a P/E ratio of 19.18 and a beta of 0.80.

Value Line (NASDAQ:VALU) last issued its quarterly earnings data on Friday, March 15th. The financial services provider reported $0.62 EPS 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 firm also recently announced a quarterly dividend, which will be paid on Friday, May 10th. Stockholders of record on Monday, April 29th will be issued a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 3.23%. This is a positive change from Value Line’s previous quarterly dividend of $0.28. The ex-dividend date of this dividend is Friday, April 26th. Value Line’s dividend payout ratio (DPR) is presently 61.86%.

Institutional Investors Weigh In On Value Line

A number of large investors have recently added to or reduced their stakes in VALU. Capital Investment Counsel Inc bought a new stake in shares of Value Line during the 4th quarter valued at $350,000. Valmark Advisers Inc. purchased a new position in shares of Value Line during the 4th quarter valued at $268,000. Stratos Wealth Partners LTD. purchased a new position in shares of Value Line during the 4th quarter valued at $215,000. Finally, Auxier Asset Management purchased a new position in shares of Value Line during the 4th quarter valued at $207,000. Institutional investors own 6.26% of the company’s stock.

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.