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

Proficio Capital Partners LLC bought a new position in Boston Omaha Co. (NYSE:BOC - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 56,039 shares of the company's stock, valued at approximately $795,000. Proficio Capital Partners LLC owned 0.18% of Boston Omaha as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Global Retirement Partners LLC acquired a new stake in Boston Omaha in the fourth quarter valued at about $305,000. Meixler Investment Management Ltd. raised its stake in shares of 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 buying an additional 28,424 shares in the last quarter. Rhumbline Advisers lifted its holdings in shares of Boston Omaha by 4.4% in the 4th quarter. Rhumbline Advisers now owns 39,528 shares of the company's stock valued at $560,000 after buying an additional 1,666 shares during the period. Flagstone Financial Management boosted its stake in shares of Boston Omaha by 35.4% in the fourth quarter. Flagstone Financial Management now owns 14,396 shares of the company's stock valued at $204,000 after buying an additional 3,760 shares in the last quarter. Finally, Fenimore Asset Management Inc grew 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 during the period. Hedge funds and other institutional investors own 60.36% of the company's stock.

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Insider Activity

In other Boston Omaha news, major shareholder Omaha Corp Boston sold 15,904 shares of the stock in a transaction dated Friday, December 27th. The shares were sold at an average price of $12.21, for a total value of $194,187.84. Following the completion of the transaction, the insider now directly owns 10,912,907 shares of the company's stock, valued at approximately $133,246,594.47. This trade represents a 0.15 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders sold 123,709 shares of company stock worth $1,419,966 in the last 90 days. 23.33% of the stock is currently owned by corporate insiders.

Boston Omaha Price Performance

NYSE:BOC traded up $0.28 during trading hours on Wednesday, hitting $14.48. The company's stock had a trading volume of 105,156 shares, compared to its average volume of 145,082. Boston Omaha Co. has a 52-week low of $12.41 and a 52-week high of $16.53. 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 business's 50-day moving average is $14.49 and its two-hundred day moving average is $14.64. The company has a market capitalization of $454.17 million, a PE ratio of -43.87 and a beta of 0.84.

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.