StockNews.com initiated coverage on shares of Value Line (NASDAQ:VALU – Get Rating) in a research note issued on Monday. The brokerage set a “hold” rating on the financial services provider’s stock.
Value Line Trading Up 0.9 %
Shares of NASDAQ VALU opened at $48.20 on Monday. The firm has a market capitalization of $455.01 million, a PE ratio of 25.64 and a beta of 0.58. The firm’s 50-day moving average is $49.51 and its 200-day moving average is $52.94. Value Line has a 1 year low of $42.02 and a 1 year high of $118.40.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently made changes to their positions in VALU. UBS Group AG grew its position 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 during the period. Allspring Global Investments Holdings LLC bought a new stake in shares of Value Line during the 3rd quarter valued at $26,000. Tower Research Capital LLC TRC increased its holdings in Value Line by 634.9% in the 3rd quarter. Tower Research Capital LLC TRC now owns 1,117 shares of the financial services provider’s stock valued at $49,000 after acquiring an additional 965 shares during the last quarter. Bank of America Corp DE grew its holdings in Value Line by 165.9% during the 4th quarter. Bank of America Corp DE now owns 2,095 shares of the financial services provider’s stock valued at $107,000 after purchasing an additional 1,307 shares during the last quarter. Finally, Advisor Group Holdings Inc. raised its holdings in shares of Value Line by 11,415.0% in the 1st quarter. Advisor Group Holdings Inc. now owns 2,303 shares of the financial services provider’s stock valued at $154,000 after purchasing an additional 2,283 shares in the last quarter. 6.86% of the stock is owned by institutional investors and hedge funds.
Value Line Company Profile
Value Line, Inc engages in the provision of investment research. It produces investment periodicals based on underlying research and making available copyright data, including certain proprietary ranking system and other proprietary information, to third parties under written agreements for use in third-party managed and marketed investment products and for other purposes.
Further Reading
- Get a free copy of the StockNews.com research report on Value Line (VALU)
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