Royce & Associates LP trimmed its holdings in shares of Value Line, Inc. (NASDAQ:VALU) by 6.0% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 136,074 shares of the financial services provider’s stock after selling 8,700 shares during the quarter. Royce & Associates LP owned 1.40% of Value Line worth $2,398,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Wells Fargo & Company MN increased its position in shares of Value Line by 68.6% during the third quarter. Wells Fargo & Company MN now owns 7,278 shares of the financial services provider’s stock valued at $128,000 after acquiring an additional 2,960 shares during the last quarter. SG Americas Securities LLC bought a new position in shares of Value Line in the second quarter worth $135,000. Finally, Morgan Dempsey Capital Management LLC boosted its holdings in shares of Value Line by 177.1% in the third quarter. Morgan Dempsey Capital Management LLC now owns 15,951 shares of the financial services provider’s stock worth $280,000 after acquiring an additional 10,194 shares during the period. 8.03% of the stock is owned by institutional investors.

Value Line, Inc. (VALU) opened at $19.99 on Thursday. Value Line, Inc. has a twelve month low of $13.26 and a twelve month high of $21.69. The company has a market capitalization of $187.80, a price-to-earnings ratio of 27.27 and a beta of 1.05.

Value Line (NASDAQ:VALU) last posted its quarterly earnings results on Monday, December 11th. The financial services provider reported $0.21 EPS for the quarter. Value Line had a return on equity of 17.78% and a net margin of 19.31%. The firm had revenue of $8.99 million during the quarter.

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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.

Institutional Ownership by Quarter for Value Line (NASDAQ:VALU)

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