Stratos Wealth Partners LTD. Purchases New Shares in Value Line, Inc. (NASDAQ:VALU)

Stratos Wealth Partners LTD. purchased a new stake in Value Line, Inc. (NASDAQ:VALU) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 4,417 shares of the financial services provider’s stock, valued at approximately $215,000.

Several other institutional investors have also added to or reduced their stakes in VALU. Vanguard Group Inc. boosted its stake in Value Line by 52.0% in the 1st quarter. Vanguard Group Inc. now owns 9,937 shares of the financial services provider’s stock valued at $666,000 after purchasing an additional 3,399 shares during the period. BlackRock Inc. boosted its stake in Value Line by 3.8% in the 2nd quarter. BlackRock Inc. now owns 88,066 shares of the financial services provider’s stock valued at $4,042,000 after purchasing an additional 3,237 shares during the period. Advisor Group Holdings Inc. boosted its stake in Value Line by 11,415.0% in the 1st quarter. Advisor Group Holdings Inc. now owns 2,303 shares of the financial services provider’s stock valued at $154,000 after purchasing an additional 2,283 shares during the period. State Street Corp boosted its stake in Value Line by 13.8% in the 2nd quarter. State Street Corp now owns 14,053 shares of the financial services provider’s stock valued at $645,000 after purchasing an additional 1,700 shares during the period. Finally, Bank of New York Mellon Corp boosted its stake in Value Line by 6.4% in the 1st quarter. Bank of New York Mellon Corp now owns 24,011 shares of the financial services provider’s stock valued at $1,609,000 after purchasing an additional 1,441 shares during the period. 6.26% of the stock is currently owned by institutional investors.

Value Line Price Performance

Shares of NASDAQ VALU opened at $37.81 on Wednesday. The stock has a market capitalization of $356.55 million, a PE ratio of 19.49 and a beta of 0.76. The business has a fifty day moving average price of $40.72 and a two-hundred day moving average price of $42.49. Value Line, Inc. has a fifty-two week low of $32.07 and a fifty-two week high of $62.09.

Value Line (NASDAQ:VALU) last announced its quarterly earnings data on Friday, March 15th. The financial services provider reported $0.62 earnings per share for the quarter. The firm had revenue of $9.13 million during the quarter. Value Line had a return on equity of 21.23% and a net margin of 47.81%.

Value Line Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, February 9th. Stockholders of record on Monday, January 29th were issued a dividend of $0.28 per share. The ex-dividend date of this dividend was Friday, January 26th. This represents a $1.12 dividend on an annualized basis and a dividend yield of 2.96%. Value Line’s dividend payout ratio (DPR) is currently 57.73%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com started coverage on Value Line in a report on Wednesday. They issued a “hold” rating for the company.

Value Line Profile

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.