Parthenon buys $891,485 stake in A. H. Belo Corporation (AHC)

A. H. Belo Corporation (AHC) : Parthenon scooped up 94,482 additional shares in A. H. Belo Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Jul 26, 2016. The investment management firm now holds a total of 161,794 shares of A. H. Belo Corporation which is valued at $891,485.A. H. Belo Corporation makes up approximately 0.22% of Parthenon’s portfolio.

Other Hedge Funds, Including , First Dallas Securities reduced its stake in AHC by selling 4,976 shares or 7.17% in the most recent quarter. The Hedge Fund company now holds 64,417 shares of AHC which is valued at $354,938. A. H. Belo Corporation makes up approx 0.26% of First Dallas Securities’s portfolio.Punch Associates Investment Management boosted its stake in AHC in the latest quarter, The investment management firm added 50,232 additional shares and now holds a total of 1,117,620 shares of A. H. Belo Corporation which is valued at $5,778,095. A. H. Belo Corporation makes up approx 0.64% of Punch Associates Investment Management’s portfolio.

A. H. Belo Corporation closed down -0.16 points or -3.00% at $5.17 with 33,822 shares getting traded on Friday. Post opening the session at $5.319, the shares hit an intraday low of $5.15 and an intraday high of $5.53 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

Investors should note that on May 12, 2016, A. H. Belo Corporation announced a cash dividend of $0.0800. The company’s management has announced Aug 10, 2016 as the ex-dividend date and fixed the record date on Aug 12, 2016. The payable date has been fixed on Sep 2, 2016.

A. H. Belo Corporation (A. H. Belo) 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. A. H. Belo publishes The Dallas Morning News ( a Texas newspaper and the Denton Record-Chronicle ( a daily newspaper operating in Denton Texas. The Company also offers digital marketing solutions through 508 Digital and Your Speakeasy LLC and provides event promotion and marketing services through Crowdsource. The Company’s The Dallas Morning News is distributed primarily in Dallas County and 10 surrounding counties. The Dallas Morning News also publishes Briefing a newspaper distributed four days per week at no charge to nonsubscribers in select coverage areas and Al Dia a Spanish-language newspaper published on Wednesdays and Sundays and distributed at no charge in select coverage areas.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

A. H. Belo Corporation - Is it time to Sell?

Top Brokerage Firms are advising their investors on A. H. Belo Corporation. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.