StockNews.com Initiates Coverage on Value Line (NASDAQ:VALU)

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

Value Line Trading Up 1.2 %

Value Line stock opened at $38.00 on Wednesday. Value Line has a 1-year low of $32.07 and a 1-year high of $62.09. The firm has a market capitalization of $358.34 million, a price-to-earnings ratio of 19.59 and a beta of 0.76. The firm has a 50 day simple moving average of $40.62 and a 200 day simple moving average of $42.46.

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 business had revenue of $9.13 million during the quarter.

Value Line Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, February 9th. Shareholders of record on Monday, January 29th were issued a $0.28 dividend. This represents a $1.12 annualized dividend and a yield of 2.95%. The ex-dividend date was Friday, January 26th. Value Line’s payout ratio is 57.73%.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. UBS Group AG boosted its holdings in Value Line by 141.8% in the 1st quarter. UBS Group AG now owns 590 shares of the financial services provider’s stock valued at $40,000 after purchasing an additional 346 shares during the period. Vanguard Group Inc. lifted its holdings in shares of Value Line by 3.3% during the 4th quarter. Vanguard Group Inc. now owns 15,655 shares of the financial services provider’s stock worth $763,000 after acquiring an additional 500 shares during the last quarter. BNP Paribas Arbitrage SNC lifted its holdings in shares of Value Line by 51.1% during the 1st quarter. BNP Paribas Arbitrage SNC now owns 2,038 shares of the financial services provider’s stock worth $98,000 after acquiring an additional 689 shares during the last quarter. Bank of New York Mellon Corp lifted its holdings in shares of Value Line by 3.3% during the 3rd quarter. Bank of New York Mellon Corp now owns 25,842 shares of the financial services provider’s stock worth $1,134,000 after acquiring an additional 816 shares during the last quarter. Finally, Tower Research Capital LLC TRC lifted its holdings in shares of Value Line by 393.4% during the 3rd quarter. Tower Research Capital LLC TRC now owns 1,051 shares of the financial services provider’s stock worth $46,000 after acquiring an additional 838 shares during the last quarter. 6.26% of the stock is owned by institutional investors.

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.