Value Line (NASDAQ:VALU) Rating Increased to Buy at StockNews.com

StockNews.com upgraded shares of Value Line (NASDAQ:VALU) from a hold rating to a buy rating in a report issued on Monday.

Value Line Trading Up 0.5 %

Shares of NASDAQ VALU opened at $53.64 on Monday. The firm has a market cap of $505.18 million, a price-to-earnings ratio of 22.83 and a beta of 0.81. The stock has a fifty day simple moving average of $51.07 and a two-hundred day simple moving average of $45.90. Value Line has a 1-year low of $36.00 and a 1-year high of $57.68.

Value Line (NASDAQ:VALU) last posted its earnings results on Friday, December 13th. The financial services provider reported $0.60 earnings per share (EPS) 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 firm also recently declared a quarterly dividend, which was paid on Tuesday, November 12th. Shareholders of record on Monday, October 28th were issued a $0.30 dividend. The ex-dividend date of this dividend was Monday, October 28th. This represents a $1.20 annualized dividend and a dividend yield of 2.24%. Value Line’s payout ratio is currently 51.06%.

Institutional Investors Weigh In On Value Line

A hedge fund recently raised its stake in Value Line stock. Barclays PLC grew its holdings in shares of Value Line, Inc. (NASDAQ:VALU) by 340.6% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,150 shares of the financial services provider’s stock after acquiring an additional 889 shares during the quarter. Barclays PLC’s holdings in Value Line were worth $53,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 6.26% of the company’s stock.

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.