Parthenon LLC increased its holdings in shares of A. H. Belo Corp (NYSE:AHC) by 6.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 183,884 shares of the company’s stock after buying an additional 11,322 shares during the period. Parthenon LLC owned about 0.85% of A. H. Belo worth $620,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other large investors have also made changes to their positions in AHC. Penn Capital Management Co. Inc. increased its stake in shares of A. H. Belo by 2.9% in the 3rd quarter. Penn Capital Management Co. Inc. now owns 311,574 shares of the company’s stock worth $1,433,000 after acquiring an additional 8,705 shares during the last quarter. Renaissance Technologies LLC increased its position in shares of A. H. Belo by 2.0% during the 3rd quarter. Renaissance Technologies LLC now owns 830,449 shares of the company’s stock worth $3,820,000 after purchasing an additional 15,990 shares during the last quarter. North Star Investment Management Corp. increased its position in shares of A. H. Belo by 0.4% during the 4th quarter. North Star Investment Management Corp. now owns 1,283,607 shares of the company’s stock worth $4,326,000 after purchasing an additional 5,238 shares during the last quarter. Finally, Minerva Advisors LLC increased its position in shares of A. H. Belo by 2.2% during the 3rd quarter. Minerva Advisors LLC now owns 941,040 shares of the company’s stock worth $4,329,000 after purchasing an additional 20,360 shares during the last quarter. Hedge funds and other institutional investors own 60.37% of the company’s stock.
In related news, Director James M. Moroney III sold 6,500 shares of the firm’s stock in a transaction dated Wednesday, January 23rd. The stock was sold at an average price of $4.33, for a total transaction of $28,145.00. Following the completion of the sale, the director now directly owns 385,164 shares of the company’s stock, valued at approximately $1,667,760.12. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director James M. Moroney III sold 8,700 shares of the firm’s stock in a transaction dated Friday, January 25th. The stock was sold at an average price of $4.07, for a total value of $35,409.00. Following the sale, the director now directly owns 382,164 shares of the company’s stock, valued at $1,555,407.48. The disclosure for this sale can be found here. Insiders have sold a total of 73,704 shares of company stock valued at $309,342 over the last three months. Corporate insiders own 13.30% of the company’s stock.
Shares of NYSE:AHC opened at $4.00 on Thursday. A. H. Belo Corp has a 12-month low of $3.35 and a 12-month high of $5.80.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 1st. Investors of record on Friday, February 8th will be given a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a dividend yield of 8.01%. The ex-dividend date is Thursday, February 7th.
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A. H. Belo Company Profile
A.H. Belo Corporation, together with its subsidiaries, operates as a local news and information publishing company primarily in the United States. The company operates through two segments, Publishing and Marketing Services. The Publishing segment publishes The Dallas Morning News, a newspaper; Briefing newspaper; and Al Dia, a Spanish-language newspaper, as well as operates related Websites and applications.
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