Value Line (NASDAQ:VALU) Stock Passes Below 200 Day Moving Average – What’s Next?

Value Line, Inc. (NASDAQ:VALU) shares crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $42.74 and traded as low as $38.01. Value Line shares last traded at $38.58, with a volume of 2,211 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen lowered shares of Value Line from a “buy” rating to a “hold” rating in a research report on Thursday, February 27th.

Value Line Trading Up 0.6%

The firm has a 50 day moving average price of $39.37 and a 200-day moving average price of $42.74. The firm has a market cap of $363.19 million, a price-to-earnings ratio of 16.42 and a beta of 1.07.

Value Line (NASDAQ:VALU) last released its quarterly earnings results on Friday, March 14th. The financial services provider reported $0.55 earnings per share for the quarter. Value Line had a return on equity of 24.00% and a net margin of 62.02%. The company had revenue of $8.97 million during the quarter. During the same period last year, the firm earned $1.51 earnings per share.

Value Line Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, May 12th. Shareholders of record on Monday, April 28th were paid a dividend of $0.325 per share. This represents a $1.30 dividend on an annualized basis and a dividend yield of 3.37%. The ex-dividend date was Monday, April 28th. This is a positive change from Value Line’s previous quarterly dividend of $0.30. Value Line’s dividend payout ratio is currently 57.02%.

Institutional Trading of Value Line

A number of hedge funds have recently added to or reduced their stakes in VALU. Cloud Capital Management LLC acquired a new position in Value Line in the first quarter valued at $127,000. Auxier Asset Management acquired a new stake in Value Line during the 4th quarter valued at $224,000. JPMorgan Chase & Co. increased its position in shares of Value Line by 180.4% during the fourth quarter. JPMorgan Chase & Co. now owns 4,382 shares of the financial services provider’s stock worth $231,000 after acquiring an additional 2,819 shares during the last quarter. Arrowstreet Capital Limited Partnership acquired a new stake in shares of Value Line during the fourth quarter worth approximately $311,000. Finally, Strs Ohio acquired a new position in Value Line during the 1st quarter worth $356,000. 6.26% of the stock is owned by institutional investors and hedge funds.

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.