Meixler Investment Management Ltd. Has $1.44 Million Holdings in Boston Omaha Co. (NYSE:BOC)

Meixler Investment Management Ltd. lifted its holdings in Boston Omaha Co. (NYSE:BOC) by 38.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 101,630 shares of the company’s stock after acquiring an additional 28,424 shares during the quarter. Boston Omaha makes up approximately 1.1% of Meixler Investment Management Ltd.’s holdings, making the stock its 17th largest holding. Meixler Investment Management Ltd.’s holdings in Boston Omaha were worth $1,441,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. SG Americas Securities LLC bought a new position in Boston Omaha in the 3rd quarter worth approximately $134,000. The Manufacturers Life Insurance Company acquired a new position in shares of Boston Omaha in the 2nd quarter valued at $139,000. BNP Paribas Financial Markets grew its holdings in shares of Boston Omaha by 61.0% in the 3rd quarter. BNP Paribas Financial Markets now owns 13,474 shares of the company’s stock valued at $200,000 after buying an additional 5,107 shares during the period. Flagstone Financial Management boosted its stake in Boston Omaha by 35.4% in the 4th quarter. Flagstone Financial Management now owns 14,396 shares of the company’s stock worth $204,000 after purchasing an additional 3,760 shares during the period. Finally, Rhumbline Advisers boosted its stake in Boston Omaha by 4.4% in the 4th quarter. Rhumbline Advisers now owns 39,528 shares of the company’s stock worth $560,000 after purchasing an additional 1,666 shares during the period. 60.36% of the stock is owned by institutional investors and hedge funds.

Boston Omaha Price Performance

Shares of NYSE BOC opened at $15.25 on Friday. The firm has a market cap of $478.42 million, a PE ratio of -46.21 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. Boston Omaha Co. has a 1-year low of $12.41 and a 1-year high of $16.99. The company has a fifty day moving average price of $14.51 and a 200 day moving average price of $14.54.

Insider Buying and Selling

In other news, major shareholder Omaha Corp Boston sold 4,405 shares of the stock in a transaction dated Friday, January 31st. The shares were sold at an average price of $11.03, for a total transaction of $48,587.15. Following the completion of the transaction, the insider now directly owns 10,721,170 shares in the company, valued at $118,254,505.10. This represents a 0.04 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. In the last ninety days, insiders sold 123,709 shares of company stock valued at $1,419,966. Company insiders own 23.33% of the company’s stock.

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.