Value Line (NASDAQ:VALU – Get Rating) was upgraded by StockNews.com from a “hold” rating to a “buy” rating in a research note issued on Friday.
VALU opened at $60.49 on Friday. The firm has a market capitalization of $575.99 million, a PE ratio of 22.08 and a beta of -0.10. Value Line has a twelve month low of $28.60 and a twelve month high of $91.72. The firm’s 50-day moving average price is $67.38 and its 200 day moving average price is $53.72.
Value Line (NASDAQ:VALU – Get Rating) last posted its quarterly earnings results on Wednesday, March 16th. The financial services provider reported $0.59 earnings per share for the quarter. The firm had revenue of $10.26 million for the quarter. Value Line had a net margin of 64.97% and a return on equity of 35.49%.
Several hedge funds have recently modified their holdings of VALU. Dorsey Wright & Associates purchased a new stake in Value Line during the 1st quarter worth approximately $60,000. Strs Ohio increased its stake in Value Line by 343.5% during the 1st quarter. Strs Ohio now owns 10,200 shares of the financial services provider’s stock worth $683,000 after buying an additional 7,900 shares during the period. Auxier Asset Management purchased a new stake in Value Line during the 4th quarter worth approximately $203,000. Barclays PLC increased its stake in Value Line by 197.3% during the 4th quarter. Barclays PLC now owns 1,189 shares of the financial services provider’s stock worth $56,000 after buying an additional 789 shares during the period. Finally, Wells Fargo & Company MN increased its stake in Value Line by 861.0% during the 4th quarter. Wells Fargo & Company MN now owns 39,864 shares of the financial services provider’s stock worth $1,866,000 after buying an additional 35,716 shares during the period. Hedge funds and other institutional investors own 7.14% of the company’s stock.
Value Line Company Profile
Value Line, Inc, together with its subsidiaries, produces and sells investment periodicals and related publications primarily in the United States. Its investment periodicals and related publications cover a range of investments, including stocks, mutual funds, exchange traded funds (ETFs), and options.