Hodges Capital Management Inc. Decreases Position in A.H. Belo Corporation (AHC)

Hodges Capital Management Inc. decreased its stake in shares of A.H. Belo Corporation (NYSE:AHC) by 41.0% during the second quarter, Holdings Channel reports. The fund owned 49,000 shares of the company’s stock after selling 34,000 shares during the period. Hodges Capital Management Inc.’s holdings in A.H. Belo Corporation were worth $269,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in the stock. TFS Capital LLC boosted its stake in shares of A.H. Belo Corporation by 22.2% in the first quarter. TFS Capital LLC now owns 19,282 shares of the company’s stock valued at $119,000 after buying an additional 3,509 shares during the last quarter. Teton Advisors Inc. boosted its stake in shares of A.H. Belo Corporation by 150.5% in the first quarter. Teton Advisors Inc. now owns 50,093 shares of the company’s stock valued at $308,000 after buying an additional 30,093 shares during the last quarter. Bank of America Corp DE boosted its stake in shares of A.H. Belo Corporation by 15.5% in the first quarter. Bank of America Corp DE now owns 55,018 shares of the company’s stock valued at $338,000 after buying an additional 7,371 shares during the last quarter. Bank of New York Mellon Corp boosted its stake in shares of A.H. Belo Corporation by 3.1% in the first quarter. Bank of New York Mellon Corp now owns 205,758 shares of the company’s stock valued at $1,266,000 after buying an additional 6,281 shares during the last quarter. Finally, King Luther Capital Management Corp boosted its stake in shares of A.H. Belo Corporation by 8.6% in the first quarter. King Luther Capital Management Corp now owns 997,445 shares of the company’s stock valued at $6,134,000 after buying an additional 79,312 shares during the last quarter. Institutional investors and hedge funds own 64.22% of the company’s stock.

Shares of A.H. Belo Corporation (NYSE AHC) opened at 5.00 on Friday. A.H. Belo Corporation has a 52 week low of $4.85 and a 52 week high of $7.95. The firm’s 50-day moving average is $5.30 and its 200 day moving average is $5.84. The firm’s market capitalization is $108.77 million.

A.H. Belo Corporation (NYSE:AHC) last announced its earnings results on Tuesday, August 1st. The company reported ($0.04) earnings per share (EPS) for the quarter. The business had revenue of $63.09 million for the quarter. A.H. Belo Corporation had a negative return on equity of 1.93% and a negative net margin of 9.65%. On average, equities analysts forecast that A.H. Belo Corporation will post $0.28 earnings per share for the current year.

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Separately, ValuEngine cut shares of A.H. Belo Corporation from a “hold” rating to a “sell” rating in a research note on Friday, August 4th.

About A.H. Belo Corporation

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).

Want to see what other hedge funds are holding AHC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for A.H. Belo Corporation (NYSE:AHC).

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

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