Value Line (NASDAQ:VALU) Earns Hold Rating from Analysts at StockNews.com

StockNews.com started coverage on shares of Value Line (NASDAQ:VALU) in a report published on Saturday. The firm issued a hold rating on the financial services provider’s stock.

Value Line Trading Down 0.8 %

Value Line stock opened at $46.48 on Friday. The business’s 50 day simple moving average is $40.20 and its 200 day simple moving average is $41.47. Value Line has a 12 month low of $32.07 and a 12 month high of $62.09. The company has a market cap of $438.31 million, a price-to-earnings ratio of 23.96 and a beta of 0.84.

Value Line Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 10th. Investors of record on Monday, April 29th were issued a $0.30 dividend. The ex-dividend date was Friday, April 26th. This represents a $1.20 annualized dividend and a yield of 2.58%. This is a positive change from Value Line’s previous quarterly dividend of $0.28. Value Line’s dividend payout ratio (DPR) is 61.86%.

Institutional Trading of Value Line

Institutional investors have recently modified their holdings of the business. Capital Investment Counsel Inc bought a new position in shares of Value Line in the fourth quarter worth $350,000. Stratos Wealth Partners LTD. bought a new stake in shares of Value Line during the fourth quarter valued at about $215,000. Valmark Advisers Inc. purchased a new stake in shares of Value Line in the fourth quarter worth about $268,000. Auxier Asset Management bought a new position in shares of Value Line in the fourth quarter valued at approximately $207,000. Finally, SG Americas Securities LLC purchased a new position in Value Line during the first quarter valued at approximately $346,000. 6.26% of the stock is currently owned by hedge funds and other institutional investors.

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.