Geode Capital Management LLC Has $1.05 Million Stock Holdings in Value Line, Inc. (NASDAQ:VALU)

Geode Capital Management LLC trimmed its position in Value Line, Inc. (NASDAQ:VALU) by 3.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 22,488 shares of the financial services provider’s stock after selling 774 shares during the quarter. Geode Capital Management LLC owned approximately 0.24% of Value Line worth $1,046,000 as of its most recent SEC filing.

Separately, Barclays PLC boosted its stake in Value Line by 340.6% in the third quarter. Barclays PLC now owns 1,150 shares of the financial services provider’s stock valued at $53,000 after acquiring an additional 889 shares during the last quarter. Institutional investors and hedge funds own 6.26% of the company’s stock.

Value Line Price Performance

NASDAQ:VALU opened at $50.17 on Friday. The business’s 50-day simple moving average is $52.23 and its 200-day simple moving average is $47.48. Value Line, Inc. has a fifty-two week low of $36.00 and a fifty-two week high of $57.68. The stock has a market capitalization of $472.50 million, a PE ratio of 21.35 and a beta of 0.80.

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 22.29% and a net margin of 54.72%.

Value Line Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, November 12th. Investors of record on Monday, October 28th were given a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.39%. The ex-dividend date of this dividend was Monday, October 28th. Value Line’s dividend payout ratio is currently 51.06%.

Analyst Upgrades and Downgrades

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

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.