Value Line (NASDAQ:VALU) Earns Hold Rating from Analysts at StockNews.com

Equities research analysts at StockNews.com assumed coverage on shares of Value Line (NASDAQ:VALUGet Free Report) in a note issued to investors on Monday. The firm set a “hold” rating on the financial services provider’s stock.

Value Line Price Performance

NASDAQ:VALU opened at $40.50 on Monday. Value Line has a 12-month low of $32.07 and a 12-month high of $62.09. The firm has a market capitalization of $381.92 million, a P/E ratio of 20.88 and a beta of 0.78. The business has a 50 day simple moving average of $42.18 and a 200 day simple moving average of $43.11.

Institutional Trading of Value Line

Several hedge funds have recently added to or reduced their stakes in the business. BlackRock Inc. raised its stake in Value Line by 3.8% during the 2nd quarter. BlackRock Inc. now owns 88,066 shares of the financial services provider’s stock valued at $4,042,000 after acquiring an additional 3,237 shares in the last quarter. Bank of New York Mellon Corp raised its stake in shares of Value Line by 3.3% in the 3rd quarter. Bank of New York Mellon Corp now owns 25,842 shares of the financial services provider’s stock worth $1,134,000 after buying an additional 816 shares in the last quarter. Vanguard Group Inc. raised its stake in shares of Value Line by 3.3% in the 4th quarter. Vanguard Group Inc. now owns 15,655 shares of the financial services provider’s stock worth $763,000 after buying an additional 500 shares in the last quarter. State Street Corp raised its stake in shares of Value Line by 13.8% in the 2nd quarter. State Street Corp now owns 14,053 shares of the financial services provider’s stock worth $645,000 after buying an additional 1,700 shares in the last quarter. Finally, Renaissance Technologies LLC raised its stake in shares of Value Line by 10.3% in the 2nd quarter. Renaissance Technologies LLC now owns 10,700 shares of the financial services provider’s stock worth $707,000 after buying an additional 1,000 shares in the last quarter. Institutional investors own 6.26% of the company’s stock.

About Value Line

(Get Free Report)

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.

Featured Articles

Receive News & Ratings for Value Line Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Value Line and related companies with MarketBeat.com's FREE daily email newsletter.