ValuEngine Lowers A. H. Belo (NYSE:AHC) to Sell

ValuEngine lowered shares of A. H. Belo (NYSE:AHC) from a hold rating to a sell rating in a research note released on Tuesday, March 20th.

NYSE:AHC traded up $0.05 during mid-day trading on Tuesday, hitting $5.25. 12,996 shares of the stock were exchanged, compared to its average volume of 35,394. The stock has a market cap of $113.12, a P/E ratio of 130.00 and a beta of 0.47. A. H. Belo has a fifty-two week low of $4.35 and a fifty-two week high of $6.40.

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A. H. Belo (NYSE:AHC) last announced its quarterly earnings data on Friday, March 2nd. The company reported $0.41 earnings per share for the quarter. A. H. Belo had a return on equity of 1.22% and a net margin of 4.09%.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 1st. Shareholders of record on Friday, May 11th will be issued a $0.08 dividend. The ex-dividend date of this dividend is Thursday, May 10th. This represents a $0.32 annualized dividend and a yield of 6.10%.

Hedge funds and other institutional investors have recently made changes to their positions in the business. Penbrook Management LLC acquired a new position in A. H. Belo in the 4th quarter valued at $107,000. Deutsche Bank AG increased its stake in shares of A. H. Belo by 119.1% in the 4th quarter. Deutsche Bank AG now owns 53,039 shares of the company’s stock valued at $254,000 after purchasing an additional 28,829 shares during the last quarter. Gamco Investors INC. ET AL increased its stake in shares of A. H. Belo by 23.2% in the 4th quarter. Gamco Investors INC. ET AL now owns 61,608 shares of the company’s stock valued at $296,000 after purchasing an additional 11,608 shares during the last quarter. Teton Advisors Inc. increased its stake in shares of A. H. Belo by 66.6% in the 4th quarter. Teton Advisors Inc. now owns 90,093 shares of the company’s stock valued at $432,000 after purchasing an additional 36,000 shares during the last quarter. Finally, Russell Investments Group Ltd. increased its stake in shares of A. H. Belo by 22.7% in the 3rd quarter. Russell Investments Group Ltd. now owns 110,492 shares of the company’s stock valued at $508,000 after purchasing an additional 20,469 shares during the last quarter. 57.83% of the stock is owned by hedge funds and other institutional investors.

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About A. H. Belo

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).

To view ValuEngine’s full report, visit ValuEngine’s official website.

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