EntryPoint Capital LLC Sells 23,774 Shares of Boston Omaha Co. (NYSE:BOC)

EntryPoint Capital LLC lowered its position in shares of Boston Omaha Co. (NYSE:BOC) by 68.7% in the fourth quarter, HoldingsChannel reports. 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.

Several other institutional investors have also recently added to or reduced their stakes in BOC. Quantbot Technologies LP acquired a new stake in shares of Boston Omaha during the fourth quarter worth approximately $31,000. KLP Kapitalforvaltning AS bought a new stake in Boston Omaha during the 4th quarter worth approximately $79,000. SG Americas Securities LLC increased 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 valued at $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 valued at $192,000. Finally, Raymond James Financial Inc. acquired a new position in Boston Omaha in the fourth quarter worth $194,000. 60.36% of the stock is owned by institutional investors.

Boston Omaha Price Performance

Shares of BOC stock opened at $14.26 on Friday. The stock’s fifty day moving average is $14.48 and its 200-day moving average is $14.64. The company has a debt-to-equity ratio of 0.06, a quick ratio of 2.09 and a current ratio of 2.09. Boston Omaha Co. has a 52 week low of $12.41 and a 52 week high of $16.29. The stock has a market capitalization of $447.33 million, a PE ratio of -43.20 and a beta of 0.84.

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

Insider Activity at Boston Omaha

In other Boston Omaha news, major shareholder Omaha Corp Boston sold 10,029 shares of the stock in a transaction on Monday, January 6th. The stock was sold at an average price of $11.65, for a total value of $116,837.85. Following the transaction, the insider now directly owns 10,861,575 shares in the company, valued at approximately $126,537,348.75. This trade represents a 0.09 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders sold a total of 107,805 shares of company stock valued at $1,225,778 over the last quarter. Corporate insiders own 23.33% of the company’s stock.

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.