SG Americas Securities LLC Has $206,000 Position in Boston Omaha Co. (NYSE:BOC)

SG Americas Securities LLC increased its position in Boston Omaha Co. (NYSE:BOC) by 27.3% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 13,097 shares of the company’s stock after acquiring an additional 2,809 shares during the period. SG Americas Securities LLC’s holdings in Boston Omaha were worth $206,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Covington Capital Management acquired a new position in Boston Omaha in the third quarter worth approximately $32,000. Tower Research Capital LLC TRC acquired a new position in Boston Omaha in the third quarter worth approximately $36,000. FMR LLC increased its holdings in Boston Omaha by 375.9% in the first quarter. FMR LLC now owns 2,632 shares of the company’s stock worth $62,000 after buying an additional 2,079 shares during the last quarter. Royal Bank of Canada acquired a new position in Boston Omaha in the third quarter worth approximately $62,000. Finally, Ensign Peak Advisors Inc acquired a new position in Boston Omaha in the third quarter worth approximately $63,000. Institutional investors and hedge funds own 60.36% of the company’s stock.

Boston Omaha Trading Up 0.3 %

Shares of BOC stock opened at $15.84 on Friday. Boston Omaha Co. has a 12 month low of $13.55 and a 12 month high of $22.08. The company has a quick ratio of 2.56, a current ratio of 2.56 and a debt-to-equity ratio of 0.04. The business’s 50 day moving average is $15.76 and its two-hundred day moving average is $15.50. The company has a market cap of $496.58 million, a PE ratio of -68.87 and a beta of 0.77.

Analyst Upgrades and Downgrades

Separately, TD Cowen dropped their price objective on Boston Omaha from $35.00 to $30.00 and set a “buy” rating on the stock in a report on Tuesday, April 2nd.

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.