StockNews.com Initiates Coverage on Value Line (NASDAQ:VALU)

Equities researchers at StockNews.com began coverage on shares of Value Line (NASDAQ:VALUGet Free Report) in a research report issued to clients and investors on Monday. The brokerage set a “hold” rating on the financial services provider’s stock.

Value Line Stock Up 1.0 %

Shares of VALU opened at $39.94 on Monday. The firm has a 50-day moving average price of $42.06 and a 200 day moving average price of $43.01. The firm has a market capitalization of $376.63 million, a PE ratio of 20.59 and a beta of 0.76. Value Line has a 52-week low of $32.07 and a 52-week high of $62.09.

Hedge Funds Weigh In On Value Line

Institutional investors and hedge funds have recently bought and sold shares of the stock. UBS Group AG lifted its stake in Value Line by 627.5% during the fourth quarter. UBS Group AG now owns 582 shares of the financial services provider’s stock valued at $30,000 after buying an additional 502 shares in the last quarter. Tower Research Capital LLC TRC lifted its stake 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 valued at $46,000 after buying an additional 838 shares in the last quarter. Barclays PLC lifted its stake in Value Line by 752.6% during the fourth quarter. Barclays PLC now owns 1,151 shares of the financial services provider’s stock valued at $57,000 after buying an additional 1,016 shares in the last quarter. BNP Paribas Arbitrage SNC lifted its stake in Value Line by 51.1% during the first quarter. BNP Paribas Arbitrage SNC now owns 2,038 shares of the financial services provider’s stock valued at $98,000 after buying an additional 689 shares in the last quarter. Finally, Bank of America Corp DE lifted its stake in Value Line by 165.9% during the fourth quarter. Bank of America Corp DE now owns 2,095 shares of the financial services provider’s stock valued at $107,000 after buying an additional 1,307 shares in the last quarter. Institutional investors own 6.26% of the company’s stock.

Value Line Company Profile

(Get Free Report)

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.

See Also

Receive News & Ratings for Value Line Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Value Line and related companies with MarketBeat.com's FREE daily email newsletter.