Value Line, Inc. (NASDAQ:VALU) position was reduced by SG Americas Securities LLC

SG Americas Securities LLC decreased its holdings in shares of Value Line, Inc. (NASDAQ:VALU – Free Report) by 27.4% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,209 shares of the financial services provider’s stock after selling 2,339 shares during the period. SG Americas Securities LLC owned about 0.07% of Value Line worth $267,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have recently modified their holdings of the company. Capital Investment Counsel Inc bought a new stake in shares of Value Line in the 4th quarter valued at approximately $350,000. Valmark Advisers Inc. bought a new stake in Value Line during the fourth quarter valued at $268,000. Finally, Auxier Asset Management acquired a new stake in shares of Value Line in the fourth quarter valued at $207,000. Institutional investors hold 6.26% of the company’s shares.

Analysts on Wall Street are forecasting an increase

Separately, StockNews.com downgraded shares of Value Line from a “buy” rating to a “hold” rating in a research report on Tuesday, August 13th.

Get the latest stock report on Value Line

Value line price performance

Shares of NASDAQ VALU opened at $42.65 on Friday. The firm has a market cap of $401.76 million, a PE ratio of 21.99 and a beta of 0.84. Value Line, Inc. has a 1 year low of $32.07 and a 1 year high of $58.45. The company’s fifty day moving average price is $43.66 and its two hundred day moving average price is $41.16.

Value Line (NASDAQ:VALU – Get Free Report ) last released its quarterly earnings data on Friday, July 26th. The financial services provider reported $0.51 earnings per share for the quarter. The business had revenue of $9.00 million for the quarter. Value Line had a net margin of 50.73% and a return on equity of 21.65%.

Value Line announces dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, August 12th. Stockholders of record on Monday, July 29th were given a dividend of $0.30 per share. The ex-dividend date of this dividend was Monday, July 29. This represents an annualized dividend of $1.20 and a dividend yield of 2.81%. Value Line’s dividend payout ratio is currently 61.86%.

About Value Line

(Free report)

Value Line, Inc produces and sells investment periodicals and related publications. Its investment periodicals and related publications cover a wide range of investments, including stocks, mutual funds, exchange-traded funds (ETFs) and options. The firm’s research services include the Value Line Investment Survey, Value Line Investment Survey – Small and Mid-Cap, The Value Line 600 and The Value Line Fund Advisor Plus, which provide statistical and text coverage of various investment securities with an emphasis on on their own research, analysis and statistical ranks.

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