Oppenheimer & Co. Inc. Lowers Stake in Value Line, Inc. (NASDAQ:VALU)

Oppenheimer & Co. Inc. lowered its position in shares of Value Line, Inc. (NASDAQ:VALU) by 10.5% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 5,500 shares of the financial services provider’s stock after selling 645 shares during the quarter. Oppenheimer & Co. Inc. owned 0.06% of Value Line worth $290,000 as of its most recent SEC filing.

Separately, JPMorgan Chase & Co. lifted its holdings in shares of Value Line by 144.2% in the third quarter. JPMorgan Chase & Co. now owns 1,563 shares of the financial services provider’s stock worth $73,000 after buying an additional 923 shares in the last quarter. Institutional investors and hedge funds own 6.26% of the company’s stock.

Analyst Ratings Changes

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

Value Line Stock Performance

VALU stock opened at $41.49 on Friday. Value Line, Inc. has a one year low of $32.94 and a one year high of $57.68. The company’s fifty day moving average price is $42.62 and its 200-day moving average price is $46.46. The company has a market capitalization of $390.75 million, a PE ratio of 17.66 and a beta of 0.74.

Value Line (NASDAQ:VALU) last released its earnings results on Friday, December 13th. The financial services provider reported $0.60 EPS for the quarter. Value Line had a net margin of 62.02% and a return on equity of 24.00%.

Value Line Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, February 10th. Investors of record on Monday, January 27th were given a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 2.89%. The ex-dividend date of this dividend was Monday, January 27th. Value Line’s dividend payout ratio is presently 51.06%.

Value Line 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.