Value Line (NASDAQ:VALU) Now Covered by Analysts at StockNews.com

StockNews.com initiated coverage on shares of Value Line (NASDAQ:VALU) in a research report sent to investors on Friday. The firm issued a hold rating on the financial services provider’s stock.

Value Line Trading Down 1.8 %

VALU opened at $37.20 on Friday. The company’s fifty day moving average price is $39.12 and its two-hundred day moving average price is $42.35. Value Line has a 1-year low of $32.07 and a 1-year high of $62.09. The company has a market cap of $350.80 million, a price-to-earnings ratio of 19.18 and a beta of 0.80.

Value Line (NASDAQ:VALU) last released its quarterly earnings data on Friday, March 15th. The financial services provider reported $0.62 earnings per share for the quarter. Value Line had a net margin of 47.81% and a return on equity of 21.23%. The firm had revenue of $9.13 million for the quarter.

Value Line Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, May 10th. Stockholders of record on Monday, April 29th will be paid a $0.30 dividend. This is a positive change from Value Line’s previous quarterly dividend of $0.28. The ex-dividend date is Friday, April 26th. This represents a $1.20 annualized dividend and a dividend yield of 3.23%. Value Line’s dividend payout ratio is presently 61.86%.

Institutional Trading of Value Line

Several institutional investors have recently made changes to their positions in VALU. Capital Investment Counsel Inc bought a new stake in shares of Value Line in the 4th quarter worth $350,000. Valmark Advisers Inc. bought a new position in Value Line during the fourth quarter valued at about $268,000. Stratos Wealth Partners LTD. bought a new position in Value Line during the fourth quarter valued at about $215,000. Finally, Auxier Asset Management bought a new position in Value Line during the fourth quarter valued at about $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.