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A.H. Belo Corporation (AHC) Downgraded by ValuEngine to Sell

A.H. Belo Corporation logoA.H. Belo Corporation (NYSE:AHC) was downgraded by investment analysts at ValuEngine from a “hold” rating to a “sell” rating in a note issued to investors on Friday.

Shares of A.H. Belo Corporation (NYSE:AHC) traded down 1.51% during midday trading on Friday, hitting $4.90. 53,140 shares of the company’s stock were exchanged. The firm’s market cap is $106.59 million. The stock’s 50-day moving average price is $5.40 and its 200 day moving average price is $5.90. A.H. Belo Corporation has a one year low of $4.85 and a one year high of $7.95.

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A.H. Belo Corporation (NYSE:AHC) last posted its quarterly earnings data on Tuesday, August 1st. The company reported ($0.04) EPS 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 company had revenue of $63.09 million for the quarter. Equities research analysts forecast that A.H. Belo Corporation will post $0.28 EPS for the current year.

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Several hedge funds and other institutional investors have recently bought and sold shares of the stock. TFS Capital LLC increased its position in A.H. Belo Corporation by 22.2% in the first quarter. TFS Capital LLC now owns 19,282 shares of the company’s stock worth $119,000 after buying an additional 3,509 shares in the last quarter. Teton Advisors Inc. increased its position in A.H. Belo Corporation by 150.5% in the first quarter. Teton Advisors Inc. now owns 50,093 shares of the company’s stock worth $308,000 after buying an additional 30,093 shares in the last quarter. Bank of America Corp DE increased its position in 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 worth $338,000 after buying an additional 7,371 shares in the last quarter. Gamco Investors INC. ET AL increased its position in A.H. Belo Corporation by 116.9% in the second 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 in the last quarter. Finally, Russell Investments Group Ltd. bought a new position in A.H. Belo Corporation during the fourth quarter worth approximately $841,000. 64.55% of the stock is owned by institutional investors.

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).

To view ValuEngine’s full report, visit ValuEngine’s official website.

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