StockNews.com Downgrades Value Line (NASDAQ:VALU) to Hold

StockNews.com lowered shares of Value Line (NASDAQ:VALU) from a buy rating to a hold rating in a report published on Tuesday.

Value Line Price Performance

Value Line stock opened at $42.00 on Tuesday. Value Line has a 52 week low of $32.07 and a 52 week high of $58.45. The company’s 50 day moving average price is $43.40 and its two-hundred day moving average price is $41.30. The stock has a market cap of $395.64 million, a P/E ratio of 21.68 and a beta of 0.84.

Value Line (NASDAQ:VALU) last issued its quarterly earnings results on Friday, July 26th. The financial services provider reported $0.51 EPS for the quarter. The business had revenue of $9.00 million for the quarter. Value Line had a return on equity of 21.65% and a net margin of 50.73%.

Value Line Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, August 12th. Investors of record on Monday, July 29th were issued a dividend of $0.30 per share. The ex-dividend date was Monday, July 29th. This represents a $1.20 dividend on an annualized basis and a yield of 2.86%. Value Line’s dividend payout ratio (DPR) is presently 61.86%.

Institutional Investors Weigh In On Value Line

Several large investors have recently modified their holdings of the stock. Stratos Wealth Partners LTD. bought a new position in Value Line during the fourth quarter valued at $215,000. Valmark Advisers Inc. bought a new stake in shares of Value Line in the fourth quarter valued at $268,000. Capital Investment Counsel Inc purchased a new position in shares of Value Line during the 4th quarter valued at $350,000. Auxier Asset Management bought a new position in shares of Value Line during the 4th quarter worth $207,000. Finally, SG Americas Securities LLC purchased a new stake in Value Line in the 1st quarter worth about $346,000. Hedge funds and other 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.