Rhumbline Advisers Has $560,000 Position in Boston Omaha Co. (NYSE:BOC)

Rhumbline Advisers increased its stake in shares of Boston Omaha Co. (NYSE:BOC) by 4.4% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 39,528 shares of the company’s stock after acquiring an additional 1,666 shares during the period. Rhumbline Advisers owned about 0.13% of Boston Omaha worth $560,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Fenimore Asset Management Inc raised its holdings in Boston Omaha by 0.3% during the fourth 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 in the last quarter. Geode Capital Management LLC grew its position in shares of Boston Omaha by 4.2% in the third quarter. Geode Capital Management LLC now owns 533,777 shares of the company’s stock valued at $7,939,000 after purchasing an additional 21,682 shares during the last quarter. State Street Corp grew its position in shares of Boston Omaha by 1.9% in the third quarter. State Street Corp now owns 492,192 shares of the company’s stock valued at $7,319,000 after purchasing an additional 9,073 shares during the last quarter. ArrowMark Colorado Holdings LLC boosted its holdings in shares of Boston Omaha by 2.3% in the 3rd quarter. ArrowMark Colorado Holdings LLC now owns 271,379 shares of the company’s stock valued at $4,035,000 after purchasing an additional 6,047 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its holdings in shares of 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 purchasing an additional 25,027 shares in the last quarter. Institutional investors own 60.36% of the company’s stock.

Insider Buying and Selling

In other news, major shareholder Omaha Corp Boston sold 4,405 shares of Boston Omaha stock in a transaction dated Friday, January 31st. The stock was 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 legal filing with the SEC, which is accessible through this link. Insiders sold a total of 123,709 shares of company stock valued at $1,419,966 in the last three months. Insiders own 23.33% of the company’s stock.

Boston Omaha Stock Down 1.3 %

Shares of BOC opened at $14.19 on Friday. Boston Omaha Co. has a 52 week low of $12.41 and a 52 week high of $16.83. The stock has a market capitalization of $445.17 million, a price-to-earnings ratio of -43.00 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. The stock has a fifty day moving average of $14.47 and a 200-day moving average of $14.64.

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.