Value Line (NASDAQ:VALU) Stock Crosses Below 200-Day Moving Average – Here’s What Happened

Value Line, Inc. (NASDAQ:VALU)’s stock price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $36.69 and traded as low as $33.57. Value Line shares last traded at $33.57, with a volume of 1,533 shares trading hands.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Value Line in a research note on Friday, March 27th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold”.

Value Line Stock Down 1.2%

The firm has a market capitalization of $311.56 million, a P/E ratio of 14.18 and a beta of 1.12. The company’s 50 day moving average is $35.43 and its 200-day moving average is $36.67.

Value Line (NASDAQ:VALU) last issued its earnings results on Monday, March 16th. The financial services provider reported $0.63 earnings per share (EPS) for the quarter. Value Line had a net margin of 65.05% and a return on equity of 21.16%. The business had revenue of $8.28 million for the quarter.

Value Line Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, May 12th. Shareholders of record on Monday, April 27th were paid a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a dividend yield of 4.2%. This is a positive change from Value Line’s previous quarterly dividend of $0.33. The ex-dividend date of this dividend was Monday, April 27th. Value Line’s payout ratio is 59.83%.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the business. Neuberger Berman Group LLC lifted its stake in shares of Value Line by 3.5% in 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 in the last quarter. Teton Advisors LLC bought a new position in shares of Value Line in the third quarter valued at $1,171,000. Wells Fargo & Company MN lifted its stake in shares of Value Line by 1.4% in the fourth quarter. Wells Fargo & Company MN now owns 27,018 shares of the financial services provider’s stock valued at $1,038,000 after buying an additional 370 shares in the last quarter. Oppenheimer & Co. Inc. lifted its stake in shares of Value Line by 23.9% in the fourth quarter. Oppenheimer & Co. Inc. now owns 22,018 shares of the financial services provider’s stock valued at $846,000 after buying an additional 4,250 shares in the last quarter. Finally, Capital Investment Counsel Inc lifted its stake in shares of 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. 6.26% of the stock is owned by institutional investors.

About Value Line

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.