EntryPoint Capital LLC Has $154,000 Stock Position in Boston Omaha Co. (NYSE:BOC)

EntryPoint Capital LLC reduced its position in shares of Boston Omaha Co. (NYSE:BOC) by 68.7% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 10,830 shares of the company’s stock after selling 23,774 shares during the period. EntryPoint Capital LLC’s holdings in Boston Omaha were worth $154,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Barclays PLC boosted its holdings in Boston Omaha by 188.4% during the third quarter. Barclays PLC now owns 43,830 shares of the company’s stock valued at $652,000 after acquiring an additional 28,632 shares during the period. Proficio Capital Partners LLC bought a new stake in Boston Omaha during the 4th quarter valued at approximately $795,000. JPMorgan Chase & Co. grew its holdings 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 buying an additional 25,027 shares during the last quarter. Meixler Investment Management Ltd. increased its position in Boston Omaha by 38.8% in the 4th quarter. Meixler Investment Management Ltd. now owns 101,630 shares of the company’s stock worth $1,441,000 after buying an additional 28,424 shares during the period. Finally, State Street Corp lifted its holdings in shares of Boston Omaha by 1.9% during the third quarter. State Street Corp now owns 492,192 shares of the company’s stock worth $7,319,000 after buying an additional 9,073 shares during the last quarter. 60.36% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Boston Omaha

In other news, major shareholder Omaha Corp Boston sold 9,077 shares of Boston Omaha stock in a transaction that occurred on Monday, December 30th. The stock was sold at an average price of $12.06, for a total transaction of $109,468.62. Following the sale, the insider now owns 10,903,830 shares of the company’s stock, valued at approximately $131,500,189.80. This trade represents a 0.08 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders have sold 107,805 shares of company stock worth $1,225,778 over the last three months. Company insiders own 23.33% of the company’s stock.

Boston Omaha Stock Down 3.7 %

BOC opened at $14.26 on Friday. Boston Omaha Co. has a 1-year low of $12.41 and a 1-year high of $16.29. The business has a 50 day moving average of $14.48 and a 200-day moving average of $14.64. The stock has a market capitalization of $447.33 million, a price-to-earnings ratio of -43.20 and a beta of 0.84. The company has a current ratio of 2.09, a quick ratio of 2.09 and a debt-to-equity ratio of 0.06.

Boston Omaha (NYSE:BOC) last posted its quarterly earnings results on Friday, March 28th. The company reported $0.17 earnings per share (EPS) for the quarter. The company had revenue of $27.93 million for the quarter, compared to analyst estimates of $28.00 million. Boston Omaha had a negative net margin of 9.73% and a negative return on equity of 1.76%.

Boston Omaha Company 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.