JPMorgan Chase & Co. Boosts Stock Holdings in Value Line, Inc. (NASDAQ:VALU)

JPMorgan Chase & Co. lifted its position in Value Line, Inc. (NASDAQ:VALU) by 180.4% during the fourth quarter, HoldingsChannel.com reports. The fund owned 4,382 shares of the financial services provider’s stock after acquiring an additional 2,819 shares during the period. JPMorgan Chase & Co.’s holdings in Value Line were worth $231,000 at the end of the most recent reporting period.

Separately, 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. Hedge funds and other institutional investors own 6.26% of the company’s stock.

Analysts Set New Price Targets

Separately, StockNews.com cut shares of Value Line from a “buy” rating to a “hold” rating in a research note on Thursday, February 27th.

Value Line Price Performance

Shares of NASDAQ VALU opened at $40.80 on Friday. Value Line, Inc. has a 1 year low of $32.94 and a 1 year high of $57.68. The company has a market capitalization of $384.09 million, a P/E ratio of 17.36 and a beta of 1.08. The company has a 50 day simple moving average of $39.57 and a 200-day simple moving average of $45.06.

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

Value Line Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, May 12th. Shareholders of record on Monday, April 28th will be issued a dividend of $0.325 per share. This is a positive change from Value Line’s previous quarterly dividend of $0.30. The ex-dividend date is Monday, April 28th. This represents a $1.30 annualized dividend and a dividend yield of 3.19%. Value Line’s dividend payout ratio (DPR) is presently 57.02%.

Value Line 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.