SG Americas Securities LLC Lowers Position in Value Line, Inc. (NASDAQ:VALU)

SG Americas Securities LLC reduced its stake in Value Line, Inc. (NASDAQ:VALU) by 27.4% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 4,510 shares of the financial services provider’s stock after selling 1,699 shares during the quarter. SG Americas Securities LLC’s holdings in Value Line were worth $210,000 as of its most recent SEC filing.

Separately, 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. 6.26% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

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

Value Line Trading Up 4.1 %

NASDAQ VALU opened at $51.12 on Wednesday. The firm has a market capitalization of $481.55 million, a P/E ratio of 24.11 and a beta of 0.85. The business has a fifty day simple moving average of $44.56 and a 200 day simple moving average of $42.28. Value Line, Inc. has a 12 month low of $33.98 and a 12 month high of $58.45.

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

Value Line Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, November 12th. Stockholders of record on Monday, October 28th will be given a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 2.35%. The ex-dividend date of this dividend is Monday, October 28th. Value Line’s dividend payout ratio is presently 56.60%.

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.