Geode Capital Management LLC Has $1.05 Million Stake in Value Line, Inc. (NASDAQ:VALU)

Geode Capital Management LLC reduced its position in shares of Value Line, Inc. (NASDAQ:VALU) by 3.3% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 22,488 shares of the financial services provider’s stock after selling 774 shares during the quarter. Geode Capital Management LLC’s holdings in Value Line were worth $1,046,000 at the end of the most recent reporting period.

Separately, Oppenheimer & Co. Inc. increased its stake in shares of Value Line by 9.7% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 6,145 shares of the financial services provider’s stock worth $286,000 after purchasing an additional 545 shares during the last quarter. 6.26% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded Value Line from a “hold” rating to a “buy” rating in a report on Monday, December 16th.

Value Line Trading Up 0.1 %

Shares of NASDAQ VALU opened at $50.17 on Friday. Value Line, Inc. has a 12 month low of $36.00 and a 12 month high of $57.68. The stock has a 50 day moving average of $52.23 and a 200-day moving average of $47.48. The company has a market capitalization of $472.50 million, a P/E ratio of 21.35 and a beta of 0.80.

Value Line (NASDAQ:VALU) last released its quarterly earnings data on Friday, December 13th. The financial services provider reported $0.60 EPS for the quarter. Value Line had a net margin of 54.72% and a return on equity of 22.29%.

Value Line Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, November 12th. Shareholders of record on Monday, October 28th were issued a $0.30 dividend. The ex-dividend date was Monday, October 28th. This represents a $1.20 annualized dividend and a yield of 2.39%. Value Line’s dividend payout ratio is currently 51.06%.

Value Line Company Profile

Value Line, Inc produces and sells investment periodicals and related publications. Its investment periodicals and related publications cover a range of investments, including stocks, mutual funds, exchange traded funds (ETFs), and options. The company's research services include The Value Line Investment Survey, The Value Line Investment Survey – Small and Mid-Cap, The Value Line 600, and The Value Line Fund Advisor Plus that provide statistical and text coverage of various investment securities, with an emphasis placed on its proprietary research, analysis, and statistical ranks.