Value Line, Inc. (NASDAQ:VALU) Declares Quarterly Dividend of $0.25

Value Line, Inc. (NASDAQ:VALU – Get Rating) declared a quarterly dividend on Friday, January 20th, Zacks reports. Shareholders of record on Monday, January 30th will be given a dividend of 0.25 per share by the financial services provider on Friday, February 10th. This represents a $1.00 annualized dividend and a yield of 1.98%. The ex-dividend date is Friday, January 27th.

Value Line has decreased its dividend by an average of 15.0% annually over the last three years.

Value Line Price Performance

Value Line stock opened at $50.45 on Wednesday. The business has a fifty day moving average price of $52.50 and a 200-day moving average price of $63.14. Value Line has a 1-year low of $42.02 and a 1-year high of $118.40. The stock has a market capitalization of $476.75 million, a price-to-earnings ratio of 26.28 and a beta of 0.59.

Value Line (NASDAQ:VALU – Get Rating) last issued its quarterly earnings results on Monday, December 12th. The financial services provider reported $0.46 earnings per share for the quarter. Value Line had a return on equity of 22.86% and a net margin of 45.08%. The business had revenue of $10.07 million for the quarter.

Hedge Funds Weigh In On Value Line

Hedge funds and other institutional investors have recently bought and sold shares of the business. Vanguard Group Inc. boosted its holdings in shares of Value Line by 52.0% in the 1st quarter. Vanguard Group Inc. now owns 9,937 shares of the financial services provider’s stock valued at $666,000 after acquiring an additional 3,399 shares during the last quarter. Advisor Group Holdings Inc. lifted its position in Value Line by 11,415.0% during the first quarter. Advisor Group Holdings Inc. now owns 2,303 shares of the financial services provider’s stock valued at $154,000 after purchasing an additional 2,283 shares during the period. State Street Corp boosted its holdings in Value Line by 12.1% in the second quarter. State Street Corp now owns 13,439 shares of the financial services provider’s stock valued at $888,000 after purchasing an additional 1,447 shares during the last quarter. Bank of New York Mellon Corp grew its position in Value Line by 6.4% during the 1st quarter. Bank of New York Mellon Corp now owns 24,011 shares of the financial services provider’s stock worth $1,609,000 after purchasing an additional 1,441 shares during the period. Finally, Renaissance Technologies LLC raised its stake in shares of Value Line by 10.3% during the 2nd quarter. Renaissance Technologies LLC now owns 10,700 shares of the financial services provider’s stock valued at $707,000 after buying an additional 1,000 shares during the last quarter. Institutional investors and hedge funds own 6.86% of the company’s stock.

Analysts Set New Price Targets

Separately, StockNews.com assumed coverage on Value Line in a research note on Wednesday, October 12th. They set a “hold” rating on the stock.

Value Line Company Profile

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Value Line, Inc engages in the provision of investment research. It produces investment periodicals based on underlying research and making available copyright data, including certain proprietary ranking system and other proprietary information, to third parties under written agreements for use in third-party managed and marketed investment products and for other purposes.