Jane Street Group LLC Acquires 25,942 Shares of Boston Omaha Co. (NYSE:BOC)

Jane Street Group LLC boosted its stake in shares of Boston Omaha Co. (NYSE:BOC - Free Report) by 152.5% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 42,949 shares of the company's stock after purchasing an additional 25,942 shares during the period. Jane Street Group LLC owned 0.14% of Boston Omaha worth $609,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Proficio Capital Partners LLC acquired a new position in Boston Omaha during the fourth quarter valued at approximately $795,000. American Century Companies Inc. lifted its position in shares of Boston Omaha by 19.5% in the fourth quarter. American Century Companies Inc. now owns 42,069 shares of the company's stock valued at $597,000 after buying an additional 6,858 shares during the last quarter. Dimensional Fund Advisors LP lifted its position in shares of Boston Omaha by 6.1% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,471,085 shares of the company's stock valued at $20,860,000 after buying an additional 85,000 shares during the last quarter. Barclays PLC lifted its position in shares of Boston Omaha by 9.8% in the fourth quarter. Barclays PLC now owns 48,142 shares of the company's stock valued at $682,000 after buying an additional 4,312 shares during the last quarter. Finally, Meixler Investment Management Ltd. lifted its position in shares of Boston Omaha by 38.8% in the fourth quarter. Meixler Investment Management Ltd. now owns 101,630 shares of the company's stock valued at $1,441,000 after buying an additional 28,424 shares during the last quarter. 60.36% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Boston Omaha news, major shareholder Omaha Corp Boston sold 45,440 shares of the firm's stock in a transaction on Wednesday, April 2nd. The stock was sold at an average price of $12.56, for a total transaction of $570,726.40. Following the transaction, the insider now owns 9,450,982 shares in the company, valued at $118,704,333.92. This trade represents a 0.48% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders have sold a total of 432,555 shares of company stock worth $4,897,974 in the last 90 days. Company insiders own 23.33% of the company's stock.

Boston Omaha Stock Performance

Shares of NYSE BOC traded down $0.25 during trading hours on Friday, reaching $14.69. 122,796 shares of the stock were exchanged, compared to its average volume of 139,013. The firm has a market capitalization of $462.04 million, a price-to-earnings ratio of -44.51 and a beta of 1.01. 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 Co. has a 52 week low of $12.41 and a 52 week high of $16.20. The stock's fifty day simple moving average is $14.77 and its 200 day simple moving average is $14.60.

Boston Omaha (NYSE:BOC - Get Free Report) last announced its earnings results on Wednesday, May 14th. The company reported ($0.02) earnings per share for the quarter, missing analysts' consensus estimates of $0.01 by ($0.03). Boston Omaha had a negative return on equity of 1.76% and a negative net margin of 9.73%. The firm had revenue of $27.73 million for the quarter, compared to the consensus estimate of $27.14 million.

Analyst Ratings Changes

Separately, TD Cowen cut their price objective on Boston Omaha from $28.00 to $25.00 and set a "buy" rating for the company in a research report on Wednesday, April 9th.

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.