Lawson Kroeker Investment Management Inc. NE Trims Stock Holdings in Boston Omaha Co. (NYSE:BOC)

Lawson Kroeker Investment Management Inc. NE decreased its holdings in Boston Omaha Co. (NYSE:BOC) by 2.2% in the 4th quarter, Holdings Channel.com reports. The firm owned 481,428 shares of the company’s stock after selling 11,062 shares during the period. Boston Omaha makes up 1.3% of Lawson Kroeker Investment Management Inc. NE’s investment portfolio, making the stock its 26th largest position. Lawson Kroeker Investment Management Inc. NE’s holdings in Boston Omaha were worth $6,827,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. SG Americas Securities LLC purchased a new position in Boston Omaha during the third quarter valued at approximately $134,000. The Manufacturers Life Insurance Company purchased a new position in Boston Omaha during the second quarter valued at approximately $139,000. Susquehanna Fundamental Investments LLC purchased a new position in Boston Omaha during the second quarter valued at approximately $141,000. BNP Paribas Financial Markets grew its stake in Boston Omaha by 61.0% during the third quarter. BNP Paribas Financial Markets now owns 13,474 shares of the company’s stock valued at $200,000 after acquiring an additional 5,107 shares in the last quarter. Finally, American Century Companies Inc. grew its stake in Boston Omaha by 20.2% during the second quarter. American Century Companies Inc. now owns 27,327 shares of the company’s stock valued at $368,000 after acquiring an additional 4,599 shares in the last quarter. Hedge funds and other institutional investors own 60.36% of the company’s stock.

Boston Omaha Price Performance

Shares of NYSE:BOC opened at $15.02 on Thursday. Boston Omaha Co. has a 12 month low of $12.41 and a 12 month high of $16.99. The stock has a market cap of $471.30 million, a P/E ratio of -45.53 and a beta of 0.82. 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 company has a 50 day moving average of $14.56 and a 200 day moving average of $14.48.

Boston Omaha (NYSE:BOC) last announced its earnings results on Tuesday, November 12th. The company reported ($0.05) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) by ($0.04). Boston Omaha had a negative net margin of 9.73% and a negative return on equity of 1.76%. The company had revenue of $27.70 million for the quarter, compared to the consensus estimate of $27.20 million.

Insider Buying and Selling at Boston Omaha

In other Boston Omaha news, major shareholder Omaha Corp Boston sold 15,904 shares of Boston Omaha stock in a transaction that occurred on Friday, December 27th. The shares were sold at an average price of $12.21, for a total transaction of $194,187.84. Following the completion of the sale, the insider now directly owns 10,912,907 shares in the company, valued at $133,246,594.47. The trade was a 0.15 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders sold a total of 94,556 shares of company stock worth $1,093,372 over the last three months. 23.33% of the stock is owned by insiders.

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.