Neuberger Berman Group LLC Trims Stake in Value Line, Inc. (VALU)
Neuberger Berman Group LLC lessened its holdings in shares of Value Line, Inc. (NASDAQ:VALU) by 0.6% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 180,706 shares of the financial services provider’s stock after selling 1,046 shares during the quarter. Neuberger Berman Group LLC owned about 1.86% of Value Line worth $3,307,000 as of its most recent filing with the SEC.
Separately, SG Americas Securities LLC acquired a new stake in shares of Value Line during the second quarter worth about $135,000. Hedge funds and other institutional investors own 8.18% of the company’s stock.
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Separately, ValuEngine cut shares of Value Line from a “buy” rating to a “hold” rating in a research report on Friday, June 2nd.
Shares of Value Line, Inc. (NASDAQ VALU) opened at 17.20 on Thursday. The firm has a market cap of $166.99 million, a PE ratio of 16.14 and a beta of 0.98. Value Line, Inc. has a 12 month low of $13.26 and a 12 month high of $25.25. The stock’s 50 day moving average is $16.78 and its 200 day moving average is $17.49.
About Value Line
Value Line, Inc (Value Line) is engaged in producing investment periodicals based on underlying research and making available copyright data, including ranking system and other information, to third parties for use in third-party managed and marketed investment products and for other purposes. The Company markets under brands, including Value Line, the Value Line logo, The Value Line Investment Survey, Smart Research, Smarter Investing and The Most Trusted Name in Investment Research.
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