Zacks has also given A.H. Belo Corporation an industry rank of 210 out of 265 based on the ratings given to its competitors.
A.H. Belo Corporation (NYSE:AHC) has been given a consensus broker rating score of 1.00 (Strong Buy) from the one analysts that provide coverage for the company, Zacks Investment Research reports. One equities research analyst has rated the stock with a strong buy rating.
In related news, Director Robert W. Decherd sold 17,370 shares of the business’s stock in a transaction that occurred on Monday, December 5th. The stock was sold at an average price of $6.23, for a total transaction of $108,215.10. Following the transaction, the director now directly owns 54,360 shares of the company’s stock, valued at approximately $338,662.80. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Robert W. Decherd sold 51,160 shares of the business’s stock in a transaction that occurred on Monday, December 12th. The stock was sold at an average price of $6.20, for a total value of $317,192.00. Following the transaction, the director now directly owns 14,791 shares in the company, valued at $91,704.20. The disclosure for this sale can be found here. Insiders have sold a total of 91,835 shares of company stock worth $570,138 over the last three months. 14.60% of the stock is owned by insiders.
Several hedge funds and other institutional investors have recently bought and sold shares of AHC. O Shaughnessy Asset Management LLC raised its position in shares of A.H. Belo Corporation by 29.9% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 16,684 shares of the company’s stock worth $106,000 after buying an additional 3,837 shares in the last quarter. Spark Investment Management LLC purchased a new position in shares of A.H. Belo Corporation during the third quarter worth approximately $116,000. Teton Advisors Inc. purchased a new position in shares of A.H. Belo Corporation during the fourth quarter worth approximately $127,000. Eagle Global Advisors LLC purchased a new position in shares of A.H. Belo Corporation during the third quarter worth approximately $489,000. Finally, Acadian Asset Management LLC raised its position in shares of A.H. Belo Corporation by 57.9% in the third quarter. Acadian Asset Management LLC now owns 70,216 shares of the company’s stock worth $516,000 after buying an additional 25,758 shares in the last quarter. 64.60% of the stock is currently owned by institutional investors and hedge funds.
A.H. Belo Corporation (NYSE:AHC) opened at 6.35 on Wednesday. The company’s market capitalization is $137.64 million. A.H. Belo Corporation has a one year low of $4.75 and a one year high of $7.95. The firm’s 50 day moving average price is $6.40 and its 200-day moving average price is $6.38.
The firm also recently announced a quarterly dividend, which will be paid on Friday, March 3rd. Investors of record on Friday, February 10th will be issued a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a dividend yield of 5.04%. The ex-dividend date is Wednesday, February 8th. A.H. Belo Corporation’s payout ratio is presently -48.48%.
A.H. Belo Corporation Company Profile
A. H. Belo Corporation is a local news and information publishing company. The Company is engaged in providing commercial printing, distribution and direct mail services, as well as media and digital marketing services. The Company operates through two segments: Publishing and Marketing, Event Marketing and Other Services (MEMO).
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