A. H. Belo Corporation (AHC) : North Star Investment Management Corp. scooped up 41,363 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 Apr 25, 2016. The investment management firm now holds a total of 981,063 shares of A. H. Belo Corporation which is valued at $4,836,641.A. H. Belo Corporation makes up approximately 0.92% of North Star Investment Management Corp.’s portfolio.
A. H. Belo Corporation opened for trading at $4.98 and hit $5.15 on the upside on Monday, eventually ending the session at $5.09, with a gain of 3.25% or 0.16 points. The heightened volatility saw the trading volume jump to 58,722 shares. Company has a market cap of $109 M.
Other Hedge Funds, Including , Punch Associates Investment Management boosted its stake in AHC in the latest quarter, The investment management firm added 67,863 additional shares and now holds a total of 1,067,388 shares of A. H. Belo Corporation which is valued at $5,262,223. A. H. Belo Corporation makes up approx 0.63% of Punch Associates Investment Management’s portfolio.
Investors should note that on Mar 4, 2016, A. H. Belo Corporation announced a cash dividend of $0.0800. The company’s management has announced May 11, 2016 as the ex-dividend date and fixed the record date on May 13, 2016. The payable date has been fixed on Jun 3, 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 (www.dallasnews.com) a Texas newspaper and the Denton Record-Chronicle (www.dentonrc.com) 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.