Value Line, Inc. (NASDAQ:VALU) Short Interest Update

Value Line, Inc. (NASDAQ:VALU) was the recipient of a significant decrease in short interest during the month of March. As of March 15th, there was short interest totalling 11,600 shares, a decrease of 18.9% from the February 28th total of 14,300 shares. Approximately 1.5% of the shares of the company are short sold. Based on an average daily trading volume, of 7,300 shares, the days-to-cover ratio is presently 1.6 days.

Analysts Set New Price Targets

Separately, StockNews.com lowered Value Line from a “buy” rating to a “hold” rating in a research report on Thursday, February 27th.

Institutional Trading of Value Line

A number of institutional investors have recently made changes to their positions in the company. Barclays PLC raised its position in shares of Value Line by 340.6% in the third quarter. Barclays PLC now owns 1,150 shares of the financial services provider’s stock valued at $53,000 after buying an additional 889 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of Value Line by 144.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,563 shares of the financial services provider’s stock worth $73,000 after purchasing an additional 923 shares during the last quarter. Auxier Asset Management acquired a new stake in shares of Value Line in the fourth quarter valued at approximately $224,000. Arrowstreet Capital Limited Partnership purchased a new position in Value Line during the fourth quarter worth approximately $311,000. Finally, Northern Trust Corp grew its holdings in Value Line by 19.5% in the 4th quarter. Northern Trust Corp now owns 10,622 shares of the financial services provider’s stock valued at $561,000 after buying an additional 1,733 shares in the last quarter. 6.26% of the stock is owned by institutional investors and hedge funds.

Value Line Stock Performance

Shares of Value Line stock opened at $40.07 on Wednesday. Value Line has a fifty-two week low of $32.94 and a fifty-two week high of $57.68. The firm has a 50-day simple moving average of $39.12 and a two-hundred day simple moving average of $46.14. The company has a market cap of $377.22 million, a P/E ratio of 17.05 and a beta of 0.74.

Value Line (NASDAQ:VALU) last announced its earnings results on Friday, March 14th. The financial services provider reported $0.55 earnings per share (EPS) for the quarter. The firm had revenue of $8.97 million for the quarter. Value Line had a return on equity of 24.00% and a net margin of 62.02%. During the same quarter last year, the business earned $1.51 EPS.

Value Line Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, February 10th. Shareholders of record on Monday, January 27th were issued a dividend of $0.30 per share. The ex-dividend date was Monday, January 27th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.99%. Value Line’s payout ratio is currently 52.63%.

About Value Line

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.