23 hours Ago By Defense World Staff
Renaissance Technologies LLC lessened its position in Boston Omaha Co. (NYSE:BOC – Free Report) by 56.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission.
The firm owned 85,600 shares of the company’s stock after selling 109,100 shares during the quarter. Renaissance Technologies LLC owned approximately 0.27% of Boston Omaha worth $1,214,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors also recently bought and sold shares of the company. Barclays PLC increased its stake in Boston Omaha by 188.4% during the 3rd quarter.
Barclays PLC now owns 43,830 shares of the company’s stock worth $652,000 after buying an additional 28,632 shares during the period. Geode Capital Management LLC increased its holdings in Boston Omaha by 4.2% during the 3rd quarter.
Geode Capital Management LLC now owns 533,777 shares of the company’s stock worth $7,939,000 after purchasing an additional 21,682 shares during the period. JPMorgan Chase & Co. raised its position in Boston Omaha by 44.
3% in the 3rd quarter. JPMorgan Chase & Co. now owns 81,476 shares of the company’s stock valued at $1,212,000 after purchasing an additional 25,027 shares in the last quarter.
SG Americas Securities LLC boosted its stake in shares of Boston Omaha by 20.4% in the 4th quarter. SG Americas Securities LLC now owns 10,833 shares of the company’s stock valued at $154,000 after buying an additional 1,837 shares during the period.
Finally, Fenimore Asset Management Inc grew its position in shares of Boston Omaha by 0.3% during the fourth quarter. Fenimore Asset Management Inc now owns 938,162 shares of the company’s stock worth $13,303,000 after buying an additional 2,455 shares in the last quarter.
60.36% of the stock is currently owned by hedge funds and other institutional investors. Boston Omaha Stock PerformanceShares of Boston Omaha stock opened at $15.
69 on Wednesday. The firm has a market capitalization of $493.50 million, a P/E ratio of -47.
54 and a beta of 0.84. The company has a quick ratio of 2.
09, a current ratio of 2.09 and a debt-to-equity ratio of 0.06.
Boston Omaha Co. has a 52 week low of $12.41 and a 52 week high of $16.
20. The firm’s 50 day moving average is $14.39 and its two-hundred day moving average is $14.
64. Boston Omaha (NYSE:BOC – Get Free Report) last announced its quarterly earnings results on Friday, March 28th. The company reported $0.
17 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.02) by $0.19.
The firm had revenue of $27.93 million during the quarter, compared to analysts’ expectations of $28.00 million.
Boston Omaha had a negative net margin of 9.73% and a negative return on equity of 1.76%.
Analyst Upgrades and DowngradesSeparately, TD Cowen lowered their price target on shares of Boston Omaha from $28.00 to $25.00 and set a “buy” rating for the company in a report on Wednesday, April 9th.
Check Out Our Latest Stock Analysis on Boston OmahaInsider ActivityIn related news, major shareholder Omaha Corp Boston sold 13,691 shares of the company’s stock in a transaction on Monday, April 28th. The shares were sold at an average price of $10.88, for a total value of $148,958.
08. Following the completion of the sale, the insider now owns 9,171,213 shares in the company, valued at $99,782,797.44.
This represents a 0.15 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.
In the last three months, insiders sold 278,251 shares of company stock valued at $3,236,838. Insiders own 23.33% of the company’s stock.
About 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.
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