Arrowstreet Capital Limited Partnership bought a new position in shares of Value Line, Inc. (NASDAQ:VALU – Free Report) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 5,898 shares of the financial services provider’s stock, valued at approximately $311,000.
Separately, Barclays PLC increased its stake in shares of Value Line by 340.6% in the 3rd 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 period. 6.26% of the stock is currently owned by institutional investors and hedge funds.
Value Line Stock Performance
Shares of VALU stock opened at $39.33 on Monday. The firm’s 50 day moving average price is $38.57 and its two-hundred day moving average price is $45.71. The stock has a market cap of $370.25 million, a PE ratio of 16.74 and a beta of 0.95. Value Line, Inc. has a 52-week low of $32.94 and a 52-week high of $57.68.
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 $0.30 dividend. The ex-dividend date of this dividend was Monday, January 27th. This represents a $1.20 annualized dividend and a yield of 3.05%. Value Line’s dividend payout ratio (DPR) is presently 52.63%.
Analyst Upgrades and Downgrades
Separately, StockNews.com lowered Value Line from a “buy” rating to a “hold” rating in a research report on Thursday, February 27th.
Check Out Our Latest Research Report on Value Line
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.
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