Value Line (NASDAQ:VALU) Earns Hold Rating from Analysts at StockNews.com

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

Value Line Trading Up 6.1 %

Shares of VALU opened at $41.43 on Thursday. Value Line has a twelve month low of $32.07 and a twelve month high of $62.09. The company has a market cap of $390.68 million, a P/E ratio of 21.36 and a beta of 0.85. The company’s fifty day simple moving average is $38.66 and its 200-day simple moving average is $41.96.

Value Line Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, May 10th. Investors of record on Monday, April 29th were paid a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 2.90%. The ex-dividend date of this dividend was Friday, April 26th. This is an increase from Value Line’s previous quarterly dividend of $0.28. Value Line’s dividend payout ratio (DPR) is currently 61.86%.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the stock. Auxier Asset Management purchased a new position in Value Line in the 4th quarter worth about $207,000. Stratos Wealth Partners LTD. purchased a new position in Value Line in the 4th quarter worth about $215,000. Valmark Advisers Inc. purchased a new position in Value Line in the 4th quarter worth about $268,000. Capital Investment Counsel Inc purchased a new position in Value Line in the 4th quarter worth about $350,000. Finally, SG Americas Securities LLC purchased a new position in Value Line in the 1st quarter worth about $346,000. Hedge funds and other institutional investors own 6.26% of the company’s stock.

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.