Value Line, Inc. (NASDAQ:VALU) Shares Sold by Strs Ohio

Strs Ohio reduced its holdings in Value Line, Inc. (NASDAQ:VALU) by 5.0% during the 4th quarter, Holdings Channel reports. The fund owned 7,600 shares of the financial services provider’s stock after selling 400 shares during the quarter. Strs Ohio’s holdings in Value Line were worth $370,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Separately, Stratos Wealth Partners LTD. acquired a new stake in Value Line in the 4th quarter valued at approximately $215,000. Hedge funds and other institutional investors own 6.26% of the company’s stock.

Analysts Set New Price Targets

Separately, StockNews.com started coverage on Value Line in a research report on Thursday. They issued a “hold” rating on the stock.

Value Line Price Performance

VALU opened at $36.35 on Monday. Value Line, Inc. has a 12 month low of $32.07 and a 12 month high of $62.09. The stock has a market cap of $342.60 million, a P/E ratio of 18.74 and a beta of 0.76. The stock’s 50 day moving average price is $39.84 and its 200 day moving average price is $42.24.

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

Value Line Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, May 10th. Stockholders of record on Monday, April 29th will be given a dividend of $0.30 per share. The ex-dividend date is Friday, April 26th. This is a boost from Value Line’s previous quarterly dividend of $0.28. This represents a $1.20 annualized dividend and a dividend yield of 3.30%. Value Line’s dividend payout ratio (DPR) is 61.86%.

About Value Line

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.