Jane Street Group LLC Sells 35,561 Shares of Boston Omaha Co. (NYSE:BOC)

Jane Street Group LLC decreased its position in shares of Boston Omaha Co. (NYSE:BOC) by 67.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 17,007 shares of the company’s stock after selling 35,561 shares during the quarter. Jane Street Group LLC owned about 0.05% of Boston Omaha worth $253,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of BOC. Commonwealth Equity Services LLC increased its holdings in Boston Omaha by 4.5% during the second quarter. Commonwealth Equity Services LLC now owns 21,449 shares of the company’s stock worth $289,000 after buying an additional 925 shares during the last quarter. Rhumbline Advisers increased its holdings in Boston Omaha by 4.8% during the second quarter. Rhumbline Advisers now owns 39,908 shares of the company’s stock worth $537,000 after buying an additional 1,822 shares during the last quarter. American Century Companies Inc. increased its holdings in Boston Omaha by 20.2% during the second quarter. American Century Companies Inc. now owns 27,327 shares of the company’s stock worth $368,000 after buying an additional 4,599 shares during the last quarter. BNP Paribas Financial Markets increased its holdings in Boston Omaha by 61.0% during the third quarter. BNP Paribas Financial Markets now owns 13,474 shares of the company’s stock worth $200,000 after buying an additional 5,107 shares during the last quarter. Finally, ArrowMark Colorado Holdings LLC increased its holdings in Boston Omaha by 2.3% during the third quarter. ArrowMark Colorado Holdings LLC now owns 271,379 shares of the company’s stock worth $4,035,000 after buying an additional 6,047 shares during the last quarter. Institutional investors own 60.36% of the company’s stock.

Analyst Ratings Changes

Separately, Wells Fargo & Company restated an “equal weight” rating and set a $15.00 target price (down from $17.00) on shares of Boston Omaha in a report on Thursday, September 19th.

Boston Omaha Trading Down 0.2 %

Shares of Boston Omaha stock opened at $13.63 on Friday. The firm has a 50-day moving average of $14.74 and a 200-day moving average of $14.34. The stock has a market cap of $427.63 million, a PE ratio of -41.30 and a beta of 0.82. Boston Omaha Co. has a 52-week low of $12.41 and a 52-week high of $16.99. 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 (NYSE:BOC) last announced its quarterly earnings data on Tuesday, November 12th. The company reported ($0.05) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.04). The firm had revenue of $27.70 million for 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%.

Insider Activity

In other Boston Omaha news, major shareholder Omaha Corp Boston sold 9,077 shares of the firm’s stock in a transaction that occurred on Monday, December 30th. The shares were sold at an average price of $12.06, for a total transaction of $109,468.62. Following the completion of the transaction, the insider now 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 document filed with the Securities & Exchange Commission, which can be accessed through this link. In the last three months, insiders have sold 35,150 shares of company stock worth $422,177. Corporate insiders own 23.33% of the company’s stock.

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.