King Luther Capital Management Corp Has $5,486,000 Position in A.H. Belo Corporation (AHC)

King Luther Capital Management Corp continued to hold its stake in shares of A.H. Belo Corporation (NYSE:AHC) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 997,445 shares of the company’s stock at the close of the 2nd quarter. King Luther Capital Management Corp owned approximately 4.59% of A.H. Belo Corporation worth $5,486,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of the business. Heartland Advisors Inc. lifted its holdings in shares of 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 buying an additional 150,000 shares during the period. Gamco Investors INC. ET AL lifted its holdings in shares of 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 buying an additional 35,060 shares during the period. North Star Investment Management Corp. lifted its holdings in shares of 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 buying an additional 105,314 shares during the period. Bank of America Corp DE lifted its holdings in shares of 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 worth $338,000 after buying an additional 7,371 shares during the period. Finally, Dimensional Fund Advisors LP lifted its holdings in shares of A.H. Belo Corporation by 2.2% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,494,745 shares of the company’s stock worth $9,193,000 after buying an additional 32,304 shares during the period. Institutional investors and hedge funds own 64.13% of the company’s stock.

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

Shares of A.H. Belo Corporation (NYSE AHC) opened at 4.50 on Friday. The stock’s market capitalization is $97.89 million. The firm has a 50 day moving average price of $4.86 and a 200 day moving average price of $5.55. A.H. Belo Corporation has a one year low of $4.40 and a one year high of $7.95.

A.H. Belo Corporation (NYSE:AHC) last issued its quarterly earnings data on Tuesday, August 1st. The company reported ($0.04) earnings per share 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 firm had revenue of $63.09 million during the quarter. Analysts predict that A.H. Belo Corporation will post $0.28 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 1st. Stockholders of record on Thursday, November 9th will be paid a $0.08 dividend. The ex-dividend date of this dividend is Wednesday, November 8th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 7.11%. A.H. Belo Corporation’s payout ratio is presently -28.07%.

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A.H. Belo Corporation Company Profile

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).

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

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