Value Line (NASDAQ:VALU) Stock Rating Upgraded by StockNews.com

StockNews.com upgraded shares of Value Line (NASDAQ:VALU – Get Rating) from a hold rating to a buy rating in a research report sent to investors on Friday morning.

VALU opened at $65.47 on Friday. Value Line has a twelve month low of $28.60 and a twelve month high of $91.72. The stock has a market capitalization of $623.27 million, a price-to-earnings ratio of 23.89 and a beta of -0.10. The firm has a 50 day moving average price of $67.51 and a 200-day moving average price of $53.94.

Value Line (NASDAQ:VALU – Get Rating) last announced its earnings results on Wednesday, March 16th. The financial services provider reported $0.59 EPS for the quarter. Value Line had a net margin of 64.97% and a return on equity of 35.49%. The business had revenue of $10.26 million during the quarter.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, May 11th. Shareholders of record on Monday, May 2nd will be given a $0.25 dividend. This is a positive change from Value Line’s previous quarterly dividend of $0.22. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.53%. The ex-dividend date is Friday, April 29th. Value Line’s dividend payout ratio is presently 32.12%.

Several institutional investors and hedge funds have recently bought and sold shares of VALU. Wells Fargo & Company MN boosted its position in shares of Value Line by 861.0% in the fourth quarter. Wells Fargo & Company MN now owns 39,864 shares of the financial services provider’s stock worth $1,866,000 after purchasing an additional 35,716 shares during the period. Strs Ohio boosted its position in shares of Value Line by 343.5% in the first quarter. Strs Ohio now owns 10,200 shares of the financial services provider’s stock worth $683,000 after purchasing an additional 7,900 shares during the period. Neuberger Berman Group LLC boosted its position in shares of Value Line by 4.7% in the third quarter. Neuberger Berman Group LLC now owns 155,607 shares of the financial services provider’s stock worth $5,331,000 after purchasing an additional 7,029 shares during the period. LPL Financial LLC bought a new position in shares of Value Line in the fourth quarter worth approximately $226,000. Finally, Auxier Asset Management bought a new position in shares of Value Line in the fourth quarter worth approximately $203,000. Institutional investors and hedge funds own 7.14% of the company’s stock.

About Value Line (Get Rating)

Value Line, Inc, together with its subsidiaries, produces and sells investment periodicals and related publications primarily in the United States. Its investment periodicals and related publications cover a range of investments, including stocks, mutual funds, exchange traded funds (ETFs), and options.

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