Value Line (NASDAQ:VALU) Stock Price Passes Below 200 Day Moving Average – Here’s Why

Value Line, Inc. (NASDAQ:VALU)’s stock price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $46.30 and traded as low as $37.37. Value Line shares last traded at $38.05, with a volume of 6,585 shares trading hands.

Analysts Set New Price Targets

Separately, StockNews.com downgraded shares of Value Line from a “buy” rating to a “hold” rating in a research report on Thursday, February 27th.

Value Line Stock Performance

The business’s 50 day moving average is $39.72 and its two-hundred day moving average is $46.23. The firm has a market capitalization of $372.23 million, a PE ratio of 16.83 and a beta of 0.74.

Value Line (NASDAQ:VALU) last issued its quarterly earnings results on Friday, March 14th. The financial services provider reported $0.55 earnings per share (EPS) for the quarter. The firm had revenue of $8.97 million during the quarter. Value Line had a return on equity of 24.00% and a net margin of 62.02%. During the same quarter last year, the business posted $1.51 EPS.

Value Line Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, February 10th. Shareholders of record on Monday, January 27th were given a dividend of $0.30 per share. The ex-dividend date of this dividend was Monday, January 27th. This represents a $1.20 annualized dividend and a yield of 3.03%. Value Line’s payout ratio is 52.63%.

Institutional Investors Weigh In On Value Line

Hedge funds and other institutional investors have recently modified their holdings of the stock. Barclays PLC boosted its stake in shares of Value Line by 340.6% during the third quarter. Barclays PLC now owns 1,150 shares of the financial services provider’s stock valued at $53,000 after purchasing an additional 889 shares during the period. JPMorgan Chase & Co. raised its holdings in shares of Value Line by 144.2% during the third quarter. JPMorgan Chase & Co. now owns 1,563 shares of the financial services provider’s stock valued at $73,000 after acquiring an additional 923 shares in the last quarter. Northern Trust Corp lifted its stake in Value Line by 19.5% in the fourth quarter. Northern Trust Corp now owns 10,622 shares of the financial services provider’s stock worth $561,000 after acquiring an additional 1,733 shares during the period. Auxier Asset Management bought a new stake in Value Line in the fourth quarter valued at $224,000. Finally, Arrowstreet Capital Limited Partnership purchased a new position in Value Line during the 4th quarter valued at $311,000. 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.