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

StockNews.com initiated coverage on shares of Value Line (NASDAQ:VALU) in a research report issued on Wednesday. The firm set a “hold” rating on the financial services provider’s stock.

Value Line Price Performance

Shares of Value Line stock opened at $37.81 on Wednesday. The firm has a market cap of $356.55 million, a price-to-earnings ratio of 19.49 and a beta of 0.76. The stock’s 50-day moving average is $40.72 and its 200-day moving average is $42.49. Value Line has a one year low of $32.07 and a one year high of $62.09.

Value Line (NASDAQ:VALU) last issued its quarterly earnings results on Friday, March 15th. The financial services provider reported $0.62 EPS for the quarter. The company had revenue of $9.13 million for the quarter. Value Line had a return on equity of 21.23% and a net margin of 47.81%.

Institutional Trading of Value Line

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. UBS Group AG increased its position in shares of Value Line by 141.8% in the first quarter. UBS Group AG now owns 590 shares of the financial services provider’s stock valued at $40,000 after acquiring an additional 346 shares during the last quarter. Vanguard Group Inc. increased its position in shares of Value Line by 3.3% in the fourth quarter. Vanguard Group Inc. now owns 15,655 shares of the financial services provider’s stock valued at $763,000 after acquiring an additional 500 shares during the last quarter. BNP Paribas Arbitrage SNC increased its position in shares of Value Line by 51.1% in the first quarter. BNP Paribas Arbitrage SNC now owns 2,038 shares of the financial services provider’s stock valued at $98,000 after acquiring an additional 689 shares during the last quarter. Bank of New York Mellon Corp increased its position in shares of Value Line by 3.3% in the third quarter. Bank of New York Mellon Corp now owns 25,842 shares of the financial services provider’s stock valued at $1,134,000 after acquiring an additional 816 shares during the last quarter. Finally, Tower Research Capital LLC TRC increased its position in Value Line by 393.4% during the third quarter. Tower Research Capital LLC TRC now owns 1,051 shares of the financial services provider’s stock worth $46,000 after buying an additional 838 shares during the last quarter. Institutional investors and hedge funds own 6.26% of the company’s stock.

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.