Value Line (NASDAQ:VALU) Upgraded by Wall Street Zen to Hold Rating

Value Line (NASDAQ:VALU) was upgraded by research analysts at Wall Street Zen to a “hold” rating in a report issued on Saturday.

Value Line Price Performance

Shares of Value Line stock opened at $37.99 on Friday. Value Line has a 1 year low of $32.94 and a 1 year high of $57.68. The business has a 50-day moving average of $38.21 and a two-hundred day moving average of $38.87. The company has a market capitalization of $357.49 million, a P/E ratio of 17.35 and a beta of 1.11.

Value Line (NASDAQ:VALU) last announced its quarterly earnings results on Tuesday, July 29th. The financial services provider reported $0.42 earnings per share (EPS) for the quarter. Value Line had a return on equity of 21.26% and a net margin of 58.97%.The company had revenue of $8.39 million during the quarter.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the company. Northern Trust Corp boosted its position in shares of Value Line by 19.5% during the fourth quarter. Northern Trust Corp now owns 10,622 shares of the financial services provider’s stock worth $561,000 after buying an additional 1,733 shares during the period. Cloud Capital Management LLC acquired a new position in shares of Value Line during the first quarter worth about $127,000. Auxier Asset Management acquired a new position in shares of Value Line during the fourth quarter worth about $224,000. Strs Ohio acquired a new position in shares of Value Line during the first quarter worth about $356,000. Finally, Oppenheimer & Co. Inc. boosted its position in shares of Value Line by 284.5% during the first quarter. Oppenheimer & Co. Inc. now owns 21,150 shares of the financial services provider’s stock worth $818,000 after buying an additional 15,650 shares during the period. 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.