Value Line (NASDAQ:VALU) Stock Price Crosses Above 50-Day Moving Average – What’s Next?

Value Line, Inc. (NASDAQ:VALU) passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $34.12 and traded as high as $34.59. Value Line shares last traded at $34.59, with a volume of 718 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “hold (c-)” rating on shares of Value Line in a research report on Friday, March 27th. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, Value Line presently has a consensus rating of “Hold”.

Value Line Price Performance

The business has a 50 day simple moving average of $34.11 and a 200 day simple moving average of $35.98. The company has a market capitalization of $327.24 million, a price-to-earnings ratio of 14.89 and a beta of 1.07.

Value Line Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, May 12th. Investors of record on Monday, April 27th were issued a dividend of $0.35 per share. This is a positive change from Value Line’s previous quarterly dividend of $0.33. The ex-dividend date was Monday, April 27th. This represents a $1.40 dividend on an annualized basis and a yield of 4.0%. Value Line’s dividend payout ratio (DPR) is 59.83%.

Hedge Funds Weigh In On Value Line

Several institutional investors have recently modified their holdings of VALU. Wells Fargo & Company MN raised 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 valued at $1,038,000 after acquiring an additional 370 shares in the last quarter. Barclays PLC grew its stake in Value Line by 36.7% during the 4th quarter. Barclays PLC now owns 1,547 shares of the financial services provider’s stock worth $59,000 after purchasing an additional 415 shares in the last quarter. Capital Investment Counsel Inc grew its stake in Value Line by 5.4% during 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 in the last quarter. Neuberger Berman Group LLC increased its holdings in Value Line by 3.5% during the 3rd quarter. Neuberger Berman Group LLC now owns 114,473 shares of the financial services provider’s stock worth $4,474,000 after purchasing an additional 3,923 shares during the period. Finally, Oppenheimer & Co. Inc. raised its position in Value Line by 23.9% in the 4th quarter. Oppenheimer & Co. Inc. now owns 22,018 shares of the financial services provider’s stock valued at $846,000 after purchasing an additional 4,250 shares in the last quarter. Institutional investors and hedge funds own 6.26% of the company’s stock.

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.