Value Line (NASDAQ:VALU) Stock Crosses Above 50-Day Moving Average – Should You Sell?

Value Line, Inc. (NASDAQ:VALU) shares crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $34.12 and traded as high as $34.59. Value Line shares last traded at $34.59, with a volume of 718 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “hold (c-)” rating on shares of Value Line in a report on Friday, March 27th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat.com, Value Line has an average rating of “Hold”.

Value Line Stock Performance

The company has a 50-day moving average price of $34.12 and a 200-day moving average price of $36.02. The firm has a market capitalization of $324.70 million, a P/E ratio of 14.78 and a beta of 1.07.

Value Line Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, May 12th. Shareholders of record on Monday, April 27th were paid a $0.35 dividend. The ex-dividend date of this dividend was Monday, April 27th. This is a positive change from Value Line’s previous quarterly dividend of $0.33. This represents a $1.40 annualized dividend and a yield of 4.0%. Value Line’s payout ratio is currently 59.83%.

Hedge Funds Weigh In On Value Line

Several institutional investors have recently modified their holdings of VALU. Barclays PLC increased its stake in shares of Value Line by 36.7% in the 4th quarter. Barclays PLC now owns 1,547 shares of the financial services provider’s stock valued at $59,000 after acquiring an additional 415 shares during the last quarter. Wells Fargo & Company MN boosted its stake in Value Line by 1.4% during the 4th quarter. Wells Fargo & Company MN now owns 27,018 shares of the financial services provider’s stock worth $1,038,000 after acquiring an additional 370 shares during the last quarter. Oppenheimer & Co. Inc. boosted its stake in Value Line by 23.9% during the 4th quarter. Oppenheimer & Co. Inc. now owns 22,018 shares of the financial services provider’s stock worth $846,000 after acquiring an additional 4,250 shares during the last quarter. Capital Investment Counsel Inc grew its holdings in Value Line by 5.4% during the fourth quarter. Capital Investment Counsel Inc now owns 9,774 shares of the financial services provider’s stock valued at $376,000 after purchasing an additional 500 shares during the period. Finally, Millennium Management LLC acquired a new position in Value Line during the third quarter valued at approximately $334,000. 6.26% of the stock is currently owned by institutional investors and hedge funds.

Value Line Company Profile

Value Line, Inc is a New York–based independent investment research and financial publishing company known for its flagship product, the Value Line Investment Survey. Established in 1931 by Arnold Bernhard, the firm provides timely data, analysis and investment recommendations on a broad universe of equities. Its research covers approximately 1,700 U.S. and Canadian stocks, offering proprietary rankings that help individual investors and financial advisors identify potential opportunities based on relative price performance, earnings outlook and risk metrics.

In addition to the Investment Survey, Value Line offers a suite of digital products and services designed to meet the evolving needs of its clientele.