Aegis Financial Corp Lowers stake in Alliance One International (AOI)

Alliance One International (AOI) : Aegis Financial Corp reduced its stake in Alliance One International by 1.08% during the most recent quarter end. The investment management company now holds a total of 1,163,195 shares of Alliance One International which is valued at $29.8 Million after selling 12,719 shares in Alliance One International , the firm said in a disclosure report filed with the SEC on May 13, 2016.Alliance One International makes up approximately 19.03% of Aegis Financial Corp’s portfolio.

Other Hedge Funds, Including , Geode Capital Management reduced its stake in AOI by selling 8,815 shares or 17.2% in the most recent quarter. The Hedge Fund company now holds 42,426 shares of AOI which is valued at $1.1 Million.Cornerstone Capital Management Holdings. reduced its stake in AOI by selling 300 shares or 1.16% in the most recent quarter. The Hedge Fund company now holds 25,600 shares of AOI which is valued at $656,640. Alliance One International makes up approx 0.01% of Cornerstone Capital Management Holdings.’s portfolio.Oxford Asset Management reduced its stake in AOI by selling 25,745 shares or 56.69% in the most recent quarter. The Hedge Fund company now holds 19,668 shares of AOI which is valued at $504,484. Alliance One International makes up approx 0.02% of Oxford Asset Management’s portfolio.

Alliance One International closed down -2.96 points or -12.20% at $21.31 with 71,585 shares getting traded on Wednesday. Post opening the session at $22.8, the shares hit an intraday low of $20.611 and an intraday high of $22.84 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.

Alliance One International Inc. is a leaf tobacco merchant. The Company is engaged in purchasing processing packing storing and shipping tobacco to manufacturers of cigarettes and other consumer tobacco products globally. The Company deals primarily in flue-cured burley and oriental tobaccos that is used in international brand cigarettes. The Company’s revenues are primarily comprised of sales of processed tobacco and fees charged for processing and related services to these manufacturers of tobacco products. The Company does not manufacture cigarettes or other consumer tobacco products. The Company has classified its business into three segments for reporting purposes: South America segment Value Added Services segment and Other Regions segment. Value Added Services is comprised of the Company’s crushed rolled expanded stem (CRES) cut rag toasted burley and other specialty products and services.

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