Value Line (NASDAQ:VALU) Stock Passes Above 200-Day Moving Average – Should You Sell?

Shares of Value Line, Inc. (NASDAQ:VALU) passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $36.15 and traded as high as $36.65. Value Line shares last traded at $36.65, with a volume of 1,060 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “hold (c-)” rating on shares of Value Line in a research report on Wednesday, June 24th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the stock has an average rating of “Hold”.

Value Line Trading Down 2.9%

The stock has a market cap of $323.19 million, a PE ratio of 14.71 and a beta of 1.03. The company’s 50 day moving average is $36.24 and its 200-day moving average is $36.14.

Value Line (NASDAQ:VALU) last announced its earnings results on Wednesday, July 29th. The financial services provider reported $0.38 earnings per share for the quarter. Value Line had a return on equity of 21.16% and a net margin of 65.05%.The company had revenue of $8.01 million during the quarter.

Value Line Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, August 11th. Shareholders of record on Monday, July 27th will be paid a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a yield of 4.1%. The ex-dividend date is Monday, July 27th. Value Line’s dividend payout ratio (DPR) is 59.83%.

Hedge Funds Weigh In On Value Line

Several institutional investors and hedge funds have recently made changes to their positions in VALU. Wells Fargo & Company MN increased its stake in shares of Value Line by 1.4% in the fourth quarter. Wells Fargo & Company MN now owns 27,018 shares of the financial services provider’s stock worth $1,038,000 after buying an additional 370 shares during the last quarter. Oppenheimer & Co. Inc. grew its holdings in Value Line by 23.9% during the 4th quarter. Oppenheimer & Co. Inc. now owns 22,018 shares of the financial services provider’s stock worth $846,000 after acquiring an additional 4,250 shares in the last quarter. Capital Investment Counsel Inc increased its position in shares of Value Line by 5.4% in the 4th quarter. Capital Investment Counsel Inc now owns 9,774 shares of the financial services provider’s stock worth $376,000 after purchasing an additional 500 shares during the last quarter. Millennium Management LLC acquired a new stake in shares of Value Line in the 3rd quarter valued at about $334,000. Finally, Barclays PLC raised its stake in shares of Value Line by 36.7% in the 4th quarter. Barclays PLC now owns 1,547 shares of the financial services provider’s stock valued at $59,000 after purchasing an additional 415 shares in the last quarter. 6.26% of the stock is currently owned by hedge funds and other institutional investors.

Value Line Company Profile

Value Line, Inc is a New York–based independent investment research and financial publishing company known for its flagship product, the Value Line Investment Survey. Established in 1931 by Arnold Bernhard, the firm provides timely data, analysis and investment recommendations on a broad universe of equities. Its research covers approximately 1,700 U.S. and Canadian stocks, offering proprietary rankings that help individual investors and financial advisors identify potential opportunities based on relative price performance, earnings outlook and risk metrics.

In addition to the Investment Survey, Value Line offers a suite of digital products and services designed to meet the evolving needs of its clientele.