JPMorgan Chase & Co. Acquires 2,819 Shares of Value Line, Inc. (NASDAQ:VALU)

JPMorgan Chase & Co. boosted its stake in shares of Value Line, Inc. (NASDAQ:VALU) by 180.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 4,382 shares of the financial services provider’s stock after acquiring an additional 2,819 shares during the quarter. JPMorgan Chase & Co.’s holdings in Value Line were worth $231,000 as of its most recent SEC filing.

Separately, Barclays PLC increased its position in shares of Value Line by 340.6% during the 3rd quarter. Barclays PLC now owns 1,150 shares of the financial services provider’s stock valued at $53,000 after purchasing an additional 889 shares during the last quarter. 6.26% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Separately, StockNews.com downgraded Value Line from a “buy” rating to a “hold” rating in a research report on Thursday, February 27th.

Value Line Price Performance

Shares of VALU opened at $40.80 on Friday. The firm has a market capitalization of $384.09 million, a price-to-earnings ratio of 17.36 and a beta of 1.08. Value Line, Inc. has a 1-year low of $32.94 and a 1-year high of $57.68. The company has a 50-day moving average of $39.57 and a 200 day moving average of $45.06.

Value Line (NASDAQ:VALU) last announced its quarterly earnings results on Friday, March 14th. The financial services provider reported $0.55 EPS for the quarter. Value Line had a return on equity of 24.00% and a net margin of 62.02%. The firm had revenue of $8.97 million for the quarter. During the same quarter in the prior year, the business posted $1.51 EPS.

Value Line Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, May 12th. Investors of record on Monday, April 28th will be given a dividend of $0.325 per share. This is a boost from Value Line’s previous quarterly dividend of $0.30. The ex-dividend date of this dividend is Monday, April 28th. This represents a $1.30 dividend on an annualized basis and a yield of 3.19%. Value Line’s dividend payout ratio is presently 57.02%.

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.