Value Line (NASDAQ:VALU) Share Price Crosses Below 200-Day Moving Average – Here’s Why

Shares of Value Line, Inc. (NASDAQ:VALU) passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $44.18 and traded as low as $39.75. Value Line shares last traded at $39.75, with a volume of 609 shares changing hands.

Analyst Ratings Changes

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

Value Line Stock Down 0.5%

The firm’s 50-day moving average price is $39.32 and its 200 day moving average price is $44.18. The company has a market capitalization of $374.21 million, a P/E ratio of 16.91 and a beta of 1.08.

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

Value Line Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, May 12th. Shareholders of record on Monday, April 28th were paid a $0.325 dividend. This is a positive change from Value Line’s previous quarterly dividend of $0.30. The ex-dividend date of this dividend was Monday, April 28th. This represents a $1.30 annualized dividend and a yield of 3.27%. Value Line’s dividend payout ratio (DPR) is 57.02%.

Institutional Investors Weigh In On Value Line

Several institutional investors and hedge funds have recently added to or reduced their stakes in VALU. Barclays PLC increased its stake in Value Line by 340.6% in the 3rd quarter. Barclays PLC now owns 1,150 shares of the financial services provider’s stock valued at $53,000 after buying an additional 889 shares during the last quarter. JPMorgan Chase & Co. increased its stake in Value Line by 144.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,563 shares of the financial services provider’s stock valued at $73,000 after buying an additional 923 shares during the last quarter. Cloud Capital Management LLC purchased a new stake in shares of Value Line during the 1st quarter worth approximately $127,000. Auxier Asset Management purchased a new stake in shares of Value Line during the 4th quarter worth approximately $224,000. Finally, Arrowstreet Capital Limited Partnership purchased a new stake in shares of Value Line during the 4th quarter worth approximately $311,000. Hedge funds and other institutional investors own 6.26% of the company’s stock.

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.