Value Line (NASDAQ:VALU) Releases Quarterly Earnings Results

Value Line (NASDAQ:VALU) announced its quarterly earnings results on Monday. The financial services provider reported $0.63 earnings per share (EPS) for the quarter, FiscalAI reports. The firm had revenue of $8.28 million for the quarter. Value Line had a return on equity of 20.88% and a net margin of 61.58%.

Value Line Trading Up 0.4%

Shares of VALU stock opened at $36.39 on Wednesday. Value Line has a 12 month low of $35.11 and a 12 month high of $41.85. The stock has a market cap of $341.70 million, a P/E ratio of 16.10 and a beta of 1.21. The company has a 50 day simple moving average of $37.03 and a two-hundred day simple moving average of $37.62.

Value Line Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, February 10th. Shareholders of record on Monday, January 26th were issued a dividend of $0.325 per share. This represents a $1.30 dividend on an annualized basis and a yield of 3.6%. The ex-dividend date of this dividend was Monday, January 26th. Value Line’s dividend payout ratio is currently 57.52%.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “hold (c-)” rating on shares of Value Line in a research report on Monday, December 29th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Hold”.

Institutional Investors Weigh In On Value Line

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Barclays PLC increased its holdings 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 worth $59,000 after buying an additional 415 shares during the last quarter. Cloud Capital Management LLC purchased a new stake in Value Line during the third quarter valued at approximately $128,000. Millennium Management LLC bought a new stake in shares of Value Line in the 3rd quarter valued at approximately $334,000. Capital Investment Counsel Inc lifted its stake 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 valued at $376,000 after purchasing an additional 500 shares during the last quarter. Finally, Oppenheimer & Co. Inc. lifted its stake in shares of 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 during the last quarter. 6.26% of the stock is currently owned by hedge funds and other institutional investors.

About Value Line

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.