Dimensional Fund Advisors LP Sells 7,182 Shares of Value Line, Inc. (NASDAQ:VALU)

Dimensional Fund Advisors LP decreased its stake in shares of Value Line, Inc. (NASDAQ:VALU) by 6.6% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 102,319 shares of the financial services provider’s stock after selling 7,182 shares during the period. Dimensional Fund Advisors LP’s holdings in Value Line were worth $4,407,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Capital Investment Counsel Inc raised its position in Value Line by 57.2% in the 2nd quarter. Capital Investment Counsel Inc now owns 11,274 shares of the financial services provider’s stock valued at $486,000 after buying an additional 4,100 shares during the last quarter. SG Americas Securities LLC bought a new position in shares of Value Line during the 1st quarter worth approximately $346,000. Finally, Auxier Asset Management bought a new position in shares of Value Line during the 4th quarter worth approximately $207,000. 6.26% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded shares of Value Line from a “hold” rating to a “buy” rating in a report on Wednesday, September 11th.

Value Line Price Performance

Value Line stock opened at $47.77 on Thursday. The company has a market cap of $450.23 million, a price-to-earnings ratio of 24.62 and a beta of 0.85. The firm has a 50-day moving average of $43.29 and a 200-day moving average of $41.64. Value Line, Inc. has a one year low of $32.07 and a one year high of $58.45.

Value Line (NASDAQ:VALU) last released its earnings results on Friday, September 13th. The financial services provider reported $0.62 earnings per share (EPS) for the quarter. The business had revenue of $8.88 million for the quarter. Value Line had a return on equity of 22.29% and a net margin of 54.72%.

Value Line Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, August 12th. Stockholders of record on Monday, July 29th were issued a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 2.51%. The ex-dividend date was Monday, July 29th. Value Line’s payout ratio is presently 61.86%.

About Value Line

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.