Dimensional Fund Advisors LP Cuts Stake in Value Line, Inc. (VALU)


Dimensional Fund Advisors LP reduced its stake in shares of Value Line, Inc. (NASDAQ:VALU) by 2.1% in the third quarter, according to its most recent filing with the SEC. The fund owned 159,174 shares of the financial services provider’s stock after selling 3,434 shares during the period. Dimensional Fund Advisors LP owned approximately 1.64% of Value Line worth $3,963,000 as of its most recent SEC filing.

Separately, Northern Trust Corp raised its position in Value Line by 35.6% in the 2nd quarter. Northern Trust Corp now owns 22,747 shares of the financial services provider’s stock worth $539,000 after purchasing an additional 5,967 shares during the period. Institutional investors and hedge funds own 7.89% of the company’s stock.

Separately, ValuEngine upgraded shares of Value Line from a “sell” rating to a “hold” rating in a research report on Wednesday, January 2nd.

Shares of NASDAQ:VALU opened at $20.10 on Friday. The firm has a market capitalization of $194.77 million, a P/E ratio of 18.57 and a beta of 0.47. Value Line, Inc. has a 52 week low of $17.12 and a 52 week high of $30.64.

Value Line (NASDAQ:VALU) last issued its earnings results on Wednesday, December 12th. The financial services provider reported $0.34 EPS for the quarter. Value Line had a net margin of 46.84% and a return on equity of 24.30%. The company had revenue of $9.05 million for the quarter.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, February 11th. Shareholders of record on Monday, January 28th will be given a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a dividend yield of 3.78%. The ex-dividend date of this dividend is Friday, January 25th.

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Value Line 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), options, and convertible securities.

Further Reading: How Important is Technical Analysis of Stocks

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