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.
Get Value Line alerts: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
(Get Rating)
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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