StockNews.com downgraded shares of Value Line (NASDAQ:VALU – Get Rating) from a buy rating to a hold rating in a report published on Monday morning.
Value Line Stock Performance
Shares of Value Line stock opened at $80.39 on Monday. The firm has a market capitalization of $761.57 million, a price-to-earnings ratio of 32.15 and a beta of 0.19. Value Line has a fifty-two week low of $30.44 and a fifty-two week high of $118.40. The stock has a 50 day moving average of $77.39 and a 200 day moving average of $70.86.
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Value Line (NASDAQ:VALU – Get Rating) last issued its quarterly earnings data on Tuesday, July 26th. The financial services provider reported $0.40 earnings per share for the quarter. Value Line had a return on equity of 31.10% and a net margin of 58.78%. The company had revenue of $10.13 million during the quarter.
Value Line Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Thursday, August 11th. Shareholders of record on Monday, August 1st were paid a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 1.24%. The ex-dividend date was Friday, July 29th. Value Line's dividend payout ratio (DPR) is 40.00%.
Institutional Inflows and Outflows
Large investors have recently added to or reduced their stakes in the company. Lazard Asset Management LLC acquired a new stake in shares of Value Line in the second quarter valued at $25,000. UBS Group AG raised its stake in shares of Value Line by 141.8% in the first quarter. UBS Group AG now owns 590 shares of the financial services provider's stock valued at $40,000 after acquiring an additional 346 shares in the last quarter. Denali Advisors LLC acquired a new stake in shares of Value Line in the second quarter valued at $53,000. Dorsey Wright & Associates acquired a new stake in shares of Value Line in the first quarter valued at $60,000. Finally, Advisor Group Holdings Inc. raised its stake in shares of Value Line by 11,415.0% in the first quarter. Advisor Group Holdings Inc. now owns 2,303 shares of the financial services provider's stock valued at $154,000 after acquiring an additional 2,283 shares in the last quarter. 7.35% of the stock is currently owned by institutional investors and hedge funds.
Value Line Company Profile
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Value Line, Inc, together with its subsidiaries, produces and sells investment periodicals and related publications primarily in the United States. Its investment periodicals and related publications cover a range of investments, including stocks, mutual funds, exchange traded funds (ETFs), and options.
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