2 weeks Ago By Defense World Staff
Geode Capital Management LLC reduced its holdings in shares of Boston Omaha Co. (NYSE:BOC – Free Report) by 0.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission.
The institutional investor owned 532,518 shares of the company’s stock after selling 1,259 shares during the quarter. Geode Capital Management LLC owned about 1.70% of Boston Omaha worth $7,553,000 at the end of the most recent quarter.
Other institutional investors and hedge funds also recently bought and sold shares of the company. Quantbot Technologies LP purchased a new stake in shares of Boston Omaha during the fourth quarter worth $31,000. KLP Kapitalforvaltning AS bought a new stake in shares of Boston Omaha during the 4th quarter valued at $79,000.
SG Americas Securities LLC lifted its holdings in Boston Omaha by 20.4% during the 4th quarter. SG Americas Securities LLC now owns 10,833 shares of the company’s stock worth $154,000 after purchasing an additional 1,837 shares in the last quarter.
Intech Investment Management LLC bought a new position in Boston Omaha in the 4th quarter worth about $192,000. Finally, Raymond James Financial Inc. purchased a new position in Boston Omaha during the 4th quarter valued at about $194,000.
60.36% of the stock is owned by institutional investors. Insider Buying and SellingIn other Boston Omaha news, major shareholder Omaha Corp Boston sold 9,907 shares of the business’s stock in a transaction that occurred on Wednesday, January 29th.
The shares were sold at an average price of $11.25, for a total value of $111,453.75.
Following the completion of the transaction, the insider now owns 10,736,162 shares of the company’s stock, valued at $120,781,822.50. The trade was a 0.
09 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Over the last three months, insiders have sold 272,401 shares of company stock worth $3,179,907.
Insiders own 23.33% of the company’s stock. Boston Omaha Stock Up 2.
3 %BOC opened at $15.47 on Friday. The company has a debt-to-equity ratio of 0.
06, a current ratio of 2.09 and a quick ratio of 2.09.
Boston Omaha Co. has a one year low of $12.41 and a one year high of $16.
29. The firm has a market capitalization of $486.42 million, a P/E ratio of -46.
86 and a beta of 0.84. The company has a fifty day moving average price of $14.
36 and a 200-day moving average price of $14.61. Boston Omaha (NYSE:BOC – Get Free Report) last announced its earnings results on Friday, March 28th.
The company reported $0.17 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.02) by $0.
19. The business had revenue of $27.93 million for the quarter, compared to analyst estimates of $28.
00 million. Boston Omaha had a negative return on equity of 1.76% and a negative net margin of 9.
73%. Wall Street Analyst Weigh InSeparately, TD Cowen lowered their price target on shares of Boston Omaha from $28.00 to $25.
00 and set a “buy” rating on the stock in a report on Wednesday, April 9th.Get Our Latest Stock Analysis on BOCAbout Boston Omaha (Free Report)Boston Omaha Corporation, together with its subsidiaries, engages in the outdoor billboard advertising business in the southeast United States. It is also involved in the surety insurance and related brokerage, broadband, and asset management businesses.
The company was formerly known as REO Plus, Inc and changed its name to Boston Omaha Corporation in March 2015.See AlsoFive stocks we like better than Boston OmahaProfitably Trade Stocks at 52-Week Highs2 Strong Utilities Plays With Booming Earnings and Room to Grow3 Grocery Stocks That Can Help Take a Bite Out of Inflation Why Smart Investors Don’t Panic in Election SeasonHow to Buy Cheap Stocks Step by StepNow Is the Time to Buy ServiceNow—The Rebound Is Real.
