Value Line (NASDAQ:VALU) Stock Crosses Below 200-Day Moving Average of $42.49

Value Line, Inc. (NASDAQ:VALU)’s share price crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $42.49 and traded as low as $37.56. Value Line shares last traded at $37.81, with a volume of 1,787 shares.

Wall Street Analyst Weigh In

Separately, StockNews.com initiated coverage on Value Line in a report on Wednesday. They issued a “hold” rating for the company.

Value Line Stock Down 2.6 %

The company has a market cap of $349.00 million, a P/E ratio of 19.08 and a beta of 0.76. The company has a fifty day moving average of $40.49 and a 200 day moving average of $42.42.

Value Line (NASDAQ:VALU) last issued 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 company had revenue of $9.13 million during the quarter.

Value Line Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 9th. Investors of record on Monday, January 29th were issued a $0.28 dividend. This represents a $1.12 annualized dividend and a dividend yield of 3.03%. The ex-dividend date of this dividend was Friday, January 26th. Value Line’s payout ratio is currently 57.73%.

Hedge Funds Weigh In On Value Line

Institutional investors and hedge funds have recently bought and sold shares of the stock. UBS Group AG lifted its position in Value Line by 627.5% during the fourth quarter. UBS Group AG now owns 582 shares of the financial services provider’s stock valued at $30,000 after purchasing an additional 502 shares in the last quarter. Tower Research Capital LLC TRC lifted its position in Value Line by 393.4% during the third quarter. Tower Research Capital LLC TRC now owns 1,051 shares of the financial services provider’s stock valued at $46,000 after purchasing an additional 838 shares in the last quarter. Barclays PLC lifted its position in Value Line by 752.6% during the fourth quarter. Barclays PLC now owns 1,151 shares of the financial services provider’s stock valued at $57,000 after purchasing an additional 1,016 shares in the last quarter. BNP Paribas Arbitrage SNC lifted its position in Value Line by 51.1% during the first quarter. BNP Paribas Arbitrage SNC now owns 2,038 shares of the financial services provider’s stock valued at $98,000 after purchasing an additional 689 shares in the last quarter. Finally, Bank of America Corp DE lifted its position in Value Line by 165.9% during the fourth quarter. Bank of America Corp DE now owns 2,095 shares of the financial services provider’s stock valued at $107,000 after purchasing an additional 1,307 shares in the last quarter. 6.26% of the stock is currently owned by hedge funds and other 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.