Value Line (NASDAQ:VALU) Coverage Initiated at StockNews.com

Stock analysts at StockNews.com initiated coverage on shares of Value Line (NASDAQ:VALU – Get Rating) in a report issued on Saturday. The brokerage set a “hold” rating on the financial services provider’s stock.

Value Line Trading Down 0.6 %

VALU opened at $48.00 on Friday. The stock’s 50-day moving average price is $47.49 and its 200 day moving average price is $50.80. Value Line has a 12-month low of $42.02 and a 12-month high of $118.40. The firm has a market cap of $453.12 million, a price-to-earnings ratio of 25.53 and a beta of 0.58.

Value Line (NASDAQ:VALU – Get Rating) last issued its quarterly earnings results on Tuesday, March 14th. The financial services provider reported $0.55 earnings per share (EPS) for the quarter. Value Line had a net margin of 44.49% and a return on equity of 22.20%. The business had revenue of $9.97 million for the quarter.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. BNP Paribas Arbitrage SNC raised its position in Value Line by 51.1% in the 1st quarter. BNP Paribas Arbitrage SNC now owns 2,038 shares of the financial services provider’s stock valued at $98,000 after purchasing an additional 689 shares in the last quarter. Auxier Asset Management acquired a new position in shares of Value Line during the fourth quarter worth $221,000. Bank of America Corp DE boosted its position in shares of Value Line by 165.9% during the 4th quarter. Bank of America Corp DE now owns 2,095 shares of the financial services provider’s stock worth $107,000 after acquiring an additional 1,307 shares in the last quarter. UBS Group AG increased its holdings in shares of Value Line by 627.5% in the 4th quarter. UBS Group AG now owns 582 shares of the financial services provider’s stock valued at $30,000 after acquiring an additional 502 shares during the last quarter. Finally, Bank of New York Mellon Corp raised its position in shares of Value Line by 3.3% during the 3rd quarter. Bank of New York Mellon Corp now owns 25,842 shares of the financial services provider’s stock worth $1,134,000 after acquiring an additional 816 shares in the last quarter. 6.86% of the stock is currently owned by hedge funds and other institutional investors.

Value Line Company Profile

(Get Rating)

Value Line, Inc engages in the provision of investment research. It produces investment periodicals based on underlying research and making available copyright data, including certain proprietary ranking system and other proprietary information, to third parties under written agreements for use in third-party managed and marketed investment products and for other purposes.