Value Line (NASDAQ:VALU) Coverage Initiated at StockNews.com

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

Value Line Stock Down 1.2 %

Shares of NASDAQ:VALU opened at $40.37 on Wednesday. Value Line has a twelve month low of $32.07 and a twelve month high of $62.09. The firm has a market capitalization of $380.69 million, a PE ratio of 20.81 and a beta of 0.85. The company has a 50-day moving average price of $38.53 and a two-hundred day moving average price of $42.05.

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

Value Line Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, May 10th. Stockholders of record on Monday, April 29th were given a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 2.97%. This is an increase from Value Line’s previous quarterly dividend of $0.28. The ex-dividend date was Friday, April 26th. Value Line’s dividend payout ratio (DPR) is 61.86%.

Institutional Investors Weigh In On Value Line

Institutional investors have recently added to or reduced their stakes in the business. Auxier Asset Management purchased a new stake in shares of Value Line in the fourth quarter valued at approximately $207,000. Stratos Wealth Partners LTD. acquired a new position in Value Line during the 4th quarter worth about $215,000. Valmark Advisers Inc. purchased a new stake in Value Line during the 4th quarter worth about $268,000. Capital Investment Counsel Inc purchased a new position in shares of Value Line in the 4th quarter valued at about $350,000. Finally, SG Americas Securities LLC purchased a new position in shares of Value Line in the 1st quarter valued at about $346,000. Institutional investors and hedge funds 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.