Value Line (NASDAQ:VALU) Posts Earnings Results

Value Line (NASDAQ:VALU) posted its earnings results on Monday. The financial services provider reported $0.50 earnings per share for the quarter, FiscalAI reports. Value Line had a net margin of 64.67% and a return on equity of 20.40%. The firm had revenue of $8.05 million for the quarter.

Value Line Trading Down 2.5%

VALU traded down $0.98 during midday trading on Monday, hitting $38.31. 1,446 shares of the company traded hands, compared to its average volume of 2,653. Value Line has a 52-week low of $32.00 and a 52-week high of $41.18. The business has a 50 day simple moving average of $37.79 and a two-hundred day simple moving average of $36.12. The company has a market capitalization of $359.43 million, a price-to-earnings ratio of 16.70 and a beta of 1.03.

Value Line Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, August 11th. Investors of record on Monday, July 27th were paid a $0.35 dividend. This represents a $1.40 annualized dividend and a dividend yield of 3.7%. The ex-dividend date was Monday, July 27th. Value Line’s payout ratio is currently 60.87%.

Analysts Set New Price Targets

Separately, Weiss Ratings upgraded shares of Value Line from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, August 26th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company presently has a consensus rating of “Hold”.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in VALU. BlackRock Inc. purchased a new stake in shares of Value Line in the second quarter valued at approximately $3,805,000. Millennium Management LLC purchased a new stake in shares of Value Line during the third quarter worth about $334,000. Barclays PLC grew its position in shares of Value Line by 36.7% in the fourth quarter. Barclays PLC now owns 1,547 shares of the financial services provider’s stock valued at $59,000 after purchasing an additional 415 shares during the period. Finally, Wells Fargo & Company MN increased its stake in shares of Value Line by 1.4% during the 4th quarter. Wells Fargo & Company MN now owns 27,018 shares of the financial services provider’s stock valued at $1,038,000 after acquiring an additional 370 shares during the last quarter. Hedge funds and other institutional investors own 6.26% of the company’s stock.

Value Line Company Profile

Value Line, Inc is an investment research and financial information company that provides independent analysis, data and commentary to individual investors, financial professionals, institutions and libraries. Its research covers stocks, mutual funds, exchange-traded funds, options and other investment products, with an emphasis on helping users evaluate securities and construct portfolios.

The company is best known for The Value Line Investment Survey, a subscription research service that includes security rankings, forecasts, historical data and analyst commentary.