A.H. Belo Corp. (NYSE:AHC) has received a consensus broker rating score of 1.00 (Strong Buy) from the one analysts that cover the company, Zacks Investment Research reports. One research analyst has rated the stock with a strong buy recommendation.
Zacks has also assigned A.H. Belo Corp. an industry rank of 208 out of 265 based on the ratings given to related companies.
AHC has been the subject of a number of research reports. Zacks Investment Research raised shares of A.H. Belo Corp. from a “hold” rating to a “buy” rating and set a $6.25 target price for the company in a report on Friday, August 5th. Gabelli raised shares of A.H. Belo Corp. from a “hold” rating to a “buy” rating in a report on Wednesday, August 3rd.
A.H. Belo Corp. (NYSE:AHC) opened at 7.29 on Wednesday. The firm’s market capitalization is $158.02 million. A.H. Belo Corp. has a one year low of $4.75 and a one year high of $7.95. The stock’s 50 day moving average price is $6.65 and its 200 day moving average price is $5.48.
In related news, SVP Christine E. Larkin sold 6,511 shares of the stock in a transaction dated Monday, August 15th. The shares were sold at an average price of $5.82, for a total transaction of $37,894.02. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Robert W. Decherd sold 81,140 shares of the stock in a transaction dated Tuesday, August 30th. The stock was sold at an average price of $6.03, for a total transaction of $489,274.20. Following the transaction, the director now directly owns 100,000 shares of the company’s stock, valued at $603,000. The disclosure for this sale can be found here. Corporate insiders own 14.60% of the company’s stock.
A number of hedge funds and other institutional investors have recently bought and sold shares of AHC. Bridgeway Capital Management Inc. boosted its position in A.H. Belo Corp. by 33.4% in the second quarter. Bridgeway Capital Management Inc. now owns 99,521 shares of the company’s stock valued at $498,000 after buying an additional 24,900 shares in the last quarter. Vanguard Group Inc. boosted its position in A.H. Belo Corp. by 0.5% in the second quarter. Vanguard Group Inc. now owns 739,695 shares of the company’s stock valued at $3,699,000 after buying an additional 3,800 shares in the last quarter. Penbrook Management LLC purchased a new position in A.H. Belo Corp. during the second quarter valued at about $183,000. Emerald Acquisition Ltd. purchased a new position in A.H. Belo Corp. during the second quarter valued at about $680,000. Finally, Bank of New York Mellon Corp boosted its position in A.H. Belo Corp. by 9.8% in the second quarter. Bank of New York Mellon Corp now owns 152,457 shares of the company’s stock valued at $763,000 after buying an additional 13,583 shares in the last quarter. 67.26% of the stock is owned by hedge funds and other institutional investors.
A.H. Belo Corp. 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).
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