Barclays PLC Acquires 889 Shares of Value Line, Inc. (NASDAQ:VALU)

Barclays PLC grew its holdings in Value Line, Inc. (NASDAQ:VALU) by 340.6% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,150 shares of the financial services provider’s stock after purchasing an additional 889 shares during the period. Barclays PLC’s holdings in Value Line were worth $53,000 as of its most recent SEC filing.

Separately, Oppenheimer & Co. Inc. increased its holdings in Value Line by 9.7% during the third quarter. Oppenheimer & Co. Inc. now owns 6,145 shares of the financial services provider’s stock valued at $286,000 after buying an additional 545 shares during the last quarter. Institutional investors own 6.26% of the company’s stock.

Analysts Set New Price Targets

Separately, StockNews.com upgraded Value Line from a “hold” rating to a “buy” rating in a research note on Monday, December 16th.

Value Line Stock Performance

VALU stock opened at $50.17 on Friday. The company has a market capitalization of $472.50 million, a PE ratio of 21.35 and a beta of 0.80. The company’s fifty day moving average price is $52.23 and its 200-day moving average price is $47.48. Value Line, Inc. has a one year low of $36.00 and a one 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 for the quarter. Value Line had a net margin of 54.72% and a return on equity of 22.29%.

Value Line Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, November 12th. Shareholders of record on Monday, October 28th were given a dividend of $0.30 per share. The ex-dividend date of this dividend was Monday, October 28th. This represents a $1.20 annualized dividend and a dividend yield of 2.39%. Value Line’s dividend payout ratio (DPR) is presently 51.06%.

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.