671,787 Shares in Boston Omaha Co. (NYSE:BOC) Bought by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP acquired a new position in Boston Omaha Co. (NYSE:BOC – Get Rating) during the third quarter, according to the company in its most recent filing with the SEC. The fund acquired 671,787 shares of the company’s stock, valued at approximately $15,477,000. Dimensional Fund Advisors LP owned approximately 2.26% of Boston Omaha at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in BOC. Great West Life Assurance Co. Can acquired a new position in Boston Omaha in the 3rd quarter worth $28,000. Tower Research Capital LLC TRC acquired a new stake in Boston Omaha during the third quarter worth about $36,000. Zurcher Kantonalbank Zurich Cantonalbank acquired a new stake in Boston Omaha during the third quarter worth about $37,000. Nelson Van Denburg & Campbell Wealth Management Group LLC acquired a new stake in Boston Omaha during the third quarter worth about $51,000. Finally, Amalgamated Bank acquired a new stake in Boston Omaha during the third quarter worth about $64,000. Institutional investors and hedge funds own 63.81% of the company’s stock.

Boston Omaha Stock Down 1.2 %

BOC stock opened at $23.01 on Thursday. Boston Omaha Co. has a 12 month low of $18.68 and a 12 month high of $30.94. The firm has a market cap of $683.40 million, a PE ratio of -59.00 and a beta of 0.81. The firm has a 50 day simple moving average of $25.92 and a 200 day simple moving average of $25.91. The company has a debt-to-equity ratio of 0.05, a current ratio of 2.50 and a quick ratio of 2.50.

Analyst Ratings Changes

Several research analysts have commented on the stock. TheStreet upgraded shares of Boston Omaha from a “d+” rating to a “c-” rating in a research report on Thursday, December 8th. Cowen increased their price objective on shares of Boston Omaha to $40.00 in a report on Thursday, November 17th.

Boston Omaha Company Profile

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Boston Omaha Corp. is a holding company, which engages in the provision of billboards, surety insurance, and insurance brokerage activities. It operates through the Insurance and Billboards segments. The Insurance segment refers to commissions from the firm’s surety brokerage businesses. The Billboards segment includes billboard acquisition and rentals.