A. H. Belo Corporation (AHC) : North Star Investment Management Corp. reduced its stake in A. H. Belo Corporation by 10.48% during the most recent quarter end. The investment management company now holds a total of 916,928 shares of A. H. Belo Corporation which is valued at $6,666,067 after selling 107,324 shares in A. H. Belo Corporation , the firm said in a disclosure report filed with the SEC on Oct 12, 2016.A. H. Belo Corporation makes up approximately 1.21% of North Star Investment Management Corp.’s portfolio.
Other Hedge Funds, Including , Simplex Trading sold out all of its stake in AHC during the most recent quarter. The investment firm sold 824 shares of AHC which is valued $6,007.
A. H. Belo Corporation opened for trading at $7.17 and hit $7.33 on the upside on Tuesday, eventually ending the session at $7.27, with a gain of 1.39% or 0.1 points. The heightened volatility saw the trading volume jump to 29,047 shares. Company has a market cap of $158 M.
Investors should note that on Sep 8, 2016, A. H. Belo Corporation announced a cash dividend of $0.0800. The company’s management has announced Nov 8, 2016 as the ex-dividend date and fixed the record date on Nov 10, 2016. The payable date has been fixed on Dec 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 (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.