SG Americas Securities LLC Sells 1,699 Shares of Value Line, Inc. (NASDAQ:VALU)

SG Americas Securities LLC lowered its stake in Value Line, Inc. (NASDAQ:VALU) by 27.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 4,510 shares of the financial services provider’s stock after selling 1,699 shares during the quarter. SG Americas Securities LLC’s holdings in Value Line were worth $210,000 as of its most recent filing with the Securities & Exchange Commission.

Separately, Capital Investment Counsel Inc boosted its stake in Value Line by 57.2% in the 2nd quarter. Capital Investment Counsel Inc now owns 11,274 shares of the financial services provider’s stock worth $486,000 after purchasing an additional 4,100 shares during the period. Institutional investors own 6.26% of the company’s stock.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded Value Line from a “hold” rating to a “buy” rating in a research note on Wednesday, September 11th.

Value Line Trading Up 4.1 %

Shares of VALU opened at $51.12 on Wednesday. The company has a market cap of $481.55 million, a PE ratio of 24.11 and a beta of 0.85. The stock has a 50-day moving average price of $44.56 and a 200-day moving average price of $42.28. Value Line, Inc. has a 12-month low of $33.98 and a 12-month high of $58.45.

Value Line (NASDAQ:VALU) last issued its quarterly earnings results on Friday, September 13th. The financial services provider reported $0.62 earnings per share (EPS) for the quarter. The firm had revenue of $8.88 million during the quarter. Value Line had a return on equity of 22.29% and a net margin of 54.72%.

Value Line Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, November 12th. Stockholders of record on Monday, October 28th will be given a dividend of $0.30 per share. The ex-dividend date of this dividend is Monday, October 28th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.35%. Value Line’s dividend payout ratio (DPR) is presently 56.60%.

Value Line Profile

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.