SG Americas Securities LLC Purchases 1,837 Shares of Boston Omaha Co. (NYSE:BOC)

SG Americas Securities LLC grew its stake in Boston Omaha Co. (NYSE:BOC) by 20.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,833 shares of the company’s stock after acquiring an additional 1,837 shares during the period. SG Americas Securities LLC’s holdings in Boston Omaha were worth $154,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. The Manufacturers Life Insurance Company purchased a new stake in Boston Omaha during the 2nd quarter valued at about $139,000. BNP Paribas Financial Markets raised its holdings in shares of Boston Omaha by 61.0% during the 3rd quarter. BNP Paribas Financial Markets now owns 13,474 shares of the company’s stock worth $200,000 after acquiring an additional 5,107 shares during the period. Barclays PLC grew its position in Boston Omaha by 188.4% in the third quarter. Barclays PLC now owns 43,830 shares of the company’s stock worth $652,000 after acquiring an additional 28,632 shares during the period. Meixler Investment Management Ltd. purchased a new position in shares of Boston Omaha during the 3rd quarter worth approximately $1,089,000. Finally, JPMorgan Chase & Co. increased its stake in Boston Omaha by 44.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 81,476 shares of the company’s stock worth $1,212,000 after buying an additional 25,027 shares during the period. Institutional investors own 60.36% of the company’s stock.

Insider Activity at Boston Omaha

In related news, major shareholder Omaha Corp Boston sold 15,904 shares of the stock in a transaction on Friday, December 27th. The stock was sold at an average price of $12.21, for a total value of $194,187.84. Following the completion of the sale, the insider now directly owns 10,912,907 shares in the company, valued at approximately $133,246,594.47. This represents a 0.15 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Over the last ninety days, insiders sold 108,868 shares of company stock worth $1,253,412. 23.33% of the stock is currently owned by insiders.

Boston Omaha Stock Down 2.3 %

BOC stock opened at $14.72 on Monday. Boston Omaha Co. has a twelve month low of $12.41 and a twelve month high of $16.99. The company has a current ratio of 2.09, a quick ratio of 2.09 and a debt-to-equity ratio of 0.06. The stock has a market cap of $461.77 million, a P/E ratio of -44.60 and a beta of 0.82. The company’s 50 day moving average is $14.50 and its two-hundred day moving average is $14.52.

Boston Omaha (NYSE:BOC) last released its earnings results on Tuesday, November 12th. The company reported ($0.05) EPS for the quarter, missing the consensus estimate of ($0.01) by ($0.04). The firm had revenue of $27.70 million during the quarter, compared to analyst estimates of $27.20 million. Boston Omaha had a negative return on equity of 1.76% and a negative net margin of 9.73%.

Boston Omaha Profile

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.