Dimensional Fund Advisors LP Has $16.82 Million Position in Boston Omaha Co. (NYSE:BOC)

Dimensional Fund Advisors LP boosted its position in Boston Omaha Co. (NYSE:BOC) by 9.2% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,249,746 shares of the company’s stock after buying an additional 105,152 shares during the quarter. Dimensional Fund Advisors LP owned approximately 3.97% of Boston Omaha worth $16,822,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. Security National Bank acquired a new stake in shares of Boston Omaha in the fourth quarter valued at approximately $44,000. Bfsg LLC lifted its position in Boston Omaha by 84.6% during the 2nd quarter. Bfsg LLC now owns 5,705 shares of the company’s stock worth $77,000 after buying an additional 2,615 shares in the last quarter. ORG Partners LLC acquired a new position in shares of Boston Omaha during the 2nd quarter worth about $130,000. Compass Ion Advisors LLC bought a new position in shares of Boston Omaha in the 1st quarter valued at about $172,000. Finally, BNP Paribas Financial Markets increased its position in shares of Boston Omaha by 82.6% in the first quarter. BNP Paribas Financial Markets now owns 11,535 shares of the company’s stock valued at $178,000 after acquiring an additional 5,217 shares during the last quarter. Institutional investors own 60.36% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have weighed in on BOC. TD Cowen decreased their price target on Boston Omaha from $30.00 to $28.00 and set a “buy” rating for the company in a research note on Wednesday, August 21st. Wells Fargo & Company reissued an “equal weight” rating and issued a $15.00 target price (down from $17.00) on shares of Boston Omaha in a research note on Thursday, September 19th.

Boston Omaha Trading Up 0.8 %

Shares of NYSE:BOC opened at $14.50 on Friday. Boston Omaha Co. has a 52-week low of $12.41 and a 52-week high of $16.99. The company has a debt-to-equity ratio of 0.06, a quick ratio of 2.01 and a current ratio of 2.01. The company has a market capitalization of $456.16 million, a P/E ratio of -69.33 and a beta of 0.80. The company has a 50-day simple moving average of $14.18 and a 200 day simple moving average of $14.47.

Boston Omaha (NYSE:BOC) last issued its earnings results on Tuesday, August 13th. The company reported ($0.07) EPS for the quarter, missing the consensus estimate of ($0.02) by ($0.05). Boston Omaha had a negative return on equity of 1.74% and a negative net margin of 10.08%. The business had revenue of $27.09 million for the quarter, compared to the consensus estimate of $27.10 million.

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.