JPMorgan Chase & Co. Has $73,000 Stock Position in Value Line, Inc. (NASDAQ:VALU)

JPMorgan Chase & Co. increased its stake in Value Line, Inc. (NASDAQ:VALU) by 144.2% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,563 shares of the financial services provider’s stock after purchasing an additional 923 shares during the period. JPMorgan Chase & Co.’s holdings in Value Line were worth $73,000 as of its most recent SEC filing.

Separately, Barclays PLC boosted its stake in shares of Value Line by 340.6% during the 3rd quarter. Barclays PLC now owns 1,150 shares of the financial services provider’s stock worth $53,000 after buying an additional 889 shares during the last quarter. Hedge funds and other institutional investors own 6.26% of the company’s stock.

Value Line Stock Performance

VALU stock opened at $39.11 on Tuesday. The company has a fifty day moving average price of $49.66 and a 200-day moving average price of $47.54. The company has a market capitalization of $368.42 million, a P/E ratio of 16.64 and a beta of 0.79. Value Line, Inc. has a 52-week low of $36.00 and a 52-week high of $57.68.

Value Line (NASDAQ:VALU) last released its quarterly 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 24.00% and a net margin of 62.02%.

Value Line Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, February 10th. Investors of record on Monday, January 27th will be paid a $0.30 dividend. The ex-dividend date of this dividend is Monday, January 27th. This represents a $1.20 annualized dividend and a yield of 3.07%. Value Line’s payout ratio is 51.06%.

Wall Street Analyst Weigh In

Separately, StockNews.com raised shares of Value Line from a “hold” rating to a “buy” rating in a report on Monday, December 16th.

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.