56,039 Shares in Boston Omaha Co. (NYSE:BOC) Purchased by Proficio Capital Partners LLC

Proficio Capital Partners LLC purchased a new position in Boston Omaha Co. (NYSE:BOC) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 56,039 shares of the company’s stock, valued at approximately $795,000. Proficio Capital Partners LLC owned approximately 0.18% of Boston Omaha at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Global Retirement Partners LLC acquired a new stake in Boston Omaha during the 4th quarter worth about $305,000. Meixler Investment Management Ltd. boosted its position in Boston Omaha by 38.8% during the 4th quarter. Meixler Investment Management Ltd. now owns 101,630 shares of the company’s stock worth $1,441,000 after acquiring an additional 28,424 shares during the period. Rhumbline Advisers boosted its position in Boston Omaha by 4.4% during the 4th quarter. Rhumbline Advisers now owns 39,528 shares of the company’s stock worth $560,000 after acquiring an additional 1,666 shares during the period. Flagstone Financial Management boosted its position in Boston Omaha by 35.4% during the 4th quarter. Flagstone Financial Management now owns 14,396 shares of the company’s stock worth $204,000 after acquiring an additional 3,760 shares during the period. Finally, Fenimore Asset Management Inc boosted its position in Boston Omaha by 0.3% during the 4th quarter. Fenimore Asset Management Inc now owns 938,162 shares of the company’s stock worth $13,303,000 after acquiring an additional 2,455 shares during the period. Hedge funds and other institutional investors own 60.36% of the company’s stock.

Insider Activity

In related news, major shareholder Omaha Corp Boston sold 9,077 shares of the firm’s stock in a transaction on Monday, December 30th. The shares were sold at an average price of $12.06, for a total value of $109,468.62. Following the transaction, the insider now directly owns 10,903,830 shares in the company, valued at approximately $131,500,189.80. This trade represents a 0.08 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Insiders sold a total of 123,709 shares of company stock worth $1,419,966 in the last three months. 23.33% of the stock is owned by insiders.

Boston Omaha Trading Down 0.6 %

Shares of NYSE BOC opened at $13.92 on Friday. Boston Omaha Co. has a one year low of $12.41 and a one year high of $16.82. The firm has a market capitalization of $436.79 million, a PE ratio of -42.19 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. The business has a 50-day moving average price of $14.46 and a two-hundred day moving average price of $14.63.

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.