Value Line (NASDAQ:VALU) Issues Earnings Results

Value Line (NASDAQ:VALU) posted its quarterly earnings results on Monday. The financial services provider reported $0.63 earnings per share for the quarter, FiscalAI reports. The business had revenue of $8.28 million for the quarter. Value Line had a return on equity of 20.88% and a net margin of 61.58%.

Value Line Stock Down 3.0%

Value Line stock opened at $36.24 on Tuesday. The business’s 50-day moving average price is $37.04 and its 200 day moving average price is $37.63. The firm has a market cap of $340.29 million, a price-to-earnings ratio of 16.04 and a beta of 1.21. Value Line has a 52 week low of $35.11 and a 52 week high of $41.85.

Value Line Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, February 10th. Investors of record on Monday, January 26th were issued a dividend of $0.325 per share. This represents a $1.30 annualized dividend and a yield of 3.6%. The ex-dividend date of this dividend was Monday, January 26th. Value Line’s dividend payout ratio (DPR) is 57.52%.

Institutional Investors Weigh In On Value Line

Hedge funds and other institutional investors have recently made changes to their positions in the company. Cloud Capital Management LLC purchased a new position in shares of Value Line during the 3rd quarter valued at approximately $128,000. Teton Advisors LLC purchased a new stake in Value Line during the third quarter worth $1,171,000. Neuberger Berman Group LLC grew its position in Value Line by 3.5% during the third quarter. Neuberger Berman Group LLC now owns 114,473 shares of the financial services provider’s stock valued at $4,474,000 after buying an additional 3,923 shares during the period. Millennium Management LLC purchased a new position in Value Line in the third quarter valued at $334,000. Finally, Capital Investment Counsel Inc increased its holdings in Value Line by 5.4% in the fourth quarter. Capital Investment Counsel Inc now owns 9,774 shares of the financial services provider’s stock valued at $376,000 after buying an additional 500 shares in the last quarter. Institutional investors and hedge funds own 6.26% of the company’s stock.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “hold (c-)” rating on shares of Value Line in a research note on Monday, December 29th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Hold”.

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.