Intech Investment Management LLC Invests $192,000 in Boston Omaha Co. (NYSE:BOC)

Intech Investment Management LLC purchased a new stake in shares of Boston Omaha Co. (NYSE:BOC) in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 13,529 shares of the company’s stock, valued at approximately $192,000.

Other large investors have also added to or reduced their stakes in the company. Barclays PLC grew its position in shares of Boston Omaha by 188.4% during the 3rd 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 position in Boston Omaha during the fourth quarter valued at $795,000. JPMorgan Chase & Co. increased its position in Boston Omaha by 44.3% in the third 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 last quarter. Meixler Investment Management Ltd. raised its stake in shares of Boston Omaha by 38.8% in the fourth quarter. Meixler Investment Management Ltd. now owns 101,630 shares of the company’s stock valued at $1,441,000 after buying an additional 28,424 shares during the period. Finally, State Street Corp lifted its position in shares of Boston Omaha by 1.9% during the 3rd quarter. State Street Corp now owns 492,192 shares of the company’s stock valued at $7,319,000 after buying an additional 9,073 shares during the last quarter. Hedge funds and other institutional investors own 60.36% of the company’s stock.

Insiders Place Their Bets

In related news, major shareholder Omaha Corp Boston sold 4,405 shares of the firm’s stock in a transaction that occurred on Friday, January 31st. The shares were sold at an average price of $11.03, for a total value of $48,587.15. Following the completion of the transaction, the insider now directly owns 10,721,170 shares of the company’s stock, valued at approximately $118,254,505.10. This trade represents a 0.04 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders sold 107,805 shares of company stock worth $1,225,778 over the last quarter. 23.33% of the stock is currently owned by company insiders.

Boston Omaha Trading Up 2.3 %

Shares of BOC opened at $14.82 on Friday. Boston Omaha Co. has a fifty-two week low of $12.41 and a fifty-two week high of $16.29. The business has a 50-day moving average of $14.49 and a 200 day moving average of $14.64. The firm has a market cap of $464.96 million, a P/E ratio of -44.91 and a beta of 0.84. The company has a debt-to-equity ratio of 0.06, a quick ratio of 2.09 and a current ratio of 2.09.

About Boston Omaha

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.