Value Line (NASDAQ:VALU) Downgraded by StockNews.com

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

Value Line Stock Down 2.5 %

Shares of VALU opened at $41.42 on Tuesday. The company has a 50 day moving average of $43.92 and a two-hundred day moving average of $41.09. Value Line has a twelve month low of $32.07 and a twelve month high of $58.45. The company has a market cap of $390.38 million, a price-to-earnings ratio of 21.35 and a beta of 0.84.

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

Value Line Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, August 12th. Stockholders of record on Monday, July 29th were issued a dividend of $0.30 per share. The ex-dividend date of this dividend was Monday, July 29th. This represents a $1.20 annualized dividend and a dividend yield of 2.90%. Value Line’s dividend payout ratio (DPR) is currently 61.86%.

Institutional Trading of Value Line

A number of institutional investors have recently bought and sold shares of the stock. Capital Investment Counsel Inc lifted its stake in shares of Value Line by 57.2% during the second quarter. Capital Investment Counsel Inc now owns 11,274 shares of the financial services provider’s stock worth $486,000 after buying an additional 4,100 shares during the period. Auxier Asset Management purchased a new position in Value Line in the 4th quarter worth $207,000. Finally, SG Americas Securities LLC acquired a new stake in Value Line during the 1st quarter worth about $346,000. 6.26% of the stock is currently owned by institutional investors and hedge funds.

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.