Punch & Associates Investment Management Inc. lifted its position in shares of A.H. Belo Corporation (NYSE:AHC) by 1.3% during the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 1,065,620 shares of the company’s stock after buying an additional 14,000 shares during the period. Punch & Associates Investment Management Inc. owned 4.90% of A.H. Belo Corporation worth $5,861,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. Penn Capital Management Co. Inc. boosted its position in A.H. Belo Corporation by 1.0% during the second quarter. Penn Capital Management Co. Inc. now owns 262,564 shares of the company’s stock worth $1,444,000 after acquiring an additional 2,668 shares during the last quarter. Heartland Advisors Inc. grew its stake in A.H. Belo Corporation by 150.0% in the 2nd quarter. Heartland Advisors Inc. now owns 250,000 shares of the company’s stock worth $1,375,000 after acquiring an additional 150,000 shares during the period. Gamco Investors INC. ET AL grew its stake in A.H. Belo Corporation by 116.9% in the 2nd quarter. Gamco Investors INC. ET AL now owns 65,060 shares of the company’s stock worth $358,000 after acquiring an additional 35,060 shares during the period. North Star Investment Management Corp. grew its stake in A.H. Belo Corporation by 9.9% in the 2nd quarter. North Star Investment Management Corp. now owns 1,167,061 shares of the company’s stock worth $6,419,000 after acquiring an additional 105,314 shares during the period. Finally, Bank of America Corp DE raised its holdings in A.H. Belo Corporation by 15.5% in the 1st quarter. Bank of America Corp DE now owns 55,018 shares of the company’s stock valued at $338,000 after acquiring an additional 7,371 shares during the last quarter. 56.85% of the stock is currently owned by institutional investors and hedge funds.

Several brokerages have weighed in on AHC. TheStreet downgraded A.H. Belo Corporation from a “c-” rating to a “d+” rating in a report on Friday, August 11th. ValuEngine cut A.H. Belo Corporation from a “hold” rating to a “sell” rating in a report on Friday, August 4th.

A.H. Belo Corporation (NYSE:AHC) traded down 1.06% during trading on Tuesday, reaching $4.65. The company had a trading volume of 16,428 shares. The stock’s market cap is $101.15 million. The company has a 50-day moving average price of $4.71 and a 200 day moving average price of $5.41. A.H. Belo Corporation has a 52-week low of $4.40 and a 52-week high of $7.46.

A.H. Belo Corporation (NYSE:AHC) last released its quarterly earnings data on Tuesday, August 1st. The company reported ($0.04) earnings per share (EPS) for the quarter. A.H. Belo Corporation had a negative net margin of 9.65% and a negative return on equity of 1.93%. The business had revenue of $63.09 million during the quarter. On average, analysts anticipate that A.H. Belo Corporation will post $0.28 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 1st. Shareholders of record on Thursday, November 9th will be given a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a yield of 6.81%. The ex-dividend date is Wednesday, November 8th. A.H. Belo Corporation’s payout ratio is -28.07%.

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About A.H. Belo Corporation

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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Institutional Ownership by Quarter for A.H. Belo Corporation (NYSE:AHC)

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