Wed Sep 25 07:20:47 UTC 2024: ## Institutional Investors Show Interest in Boston Omaha Co.

**New York, NY – September 25, 2024** – Several institutional investors have adjusted their holdings in Boston Omaha Co. (NYSE:BOC) during recent quarters, indicating potential interest in the outdoor advertising and financial services company.

Commonwealth Equity Services LLC increased its stake in Boston Omaha by 4.5% in the second quarter, acquiring an additional 925 shares for a total holding of 21,449 shares worth $289,000.

Other notable transactions include:

* **Private Management Group Inc.** purchased a new stake in Boston Omaha during the first quarter, valued at $2,907,000.
* **Elgethun Capital Management** increased its Boston Omaha holdings by 40.2% in the first quarter, now owning 444,816 shares worth $6,857,000.
* **Ironvine Capital Partners LLC** raised its stake in Boston Omaha by 18.8% in the first quarter, owning 420,667 shares worth $6,504,000.
* **Trexquant Investment LP** significantly increased its stake in Boston Omaha by 167.3% in the fourth quarter, now owning 44,431 shares worth $699,000.
* **Virtu Financial LLC** purchased a new stake in Boston Omaha during the first quarter, valued at $302,000.

These transactions demonstrate the growing interest of institutional investors in Boston Omaha, with a total of 60.36% of the company’s stock currently owned by institutions.

Boston Omaha opened at $14.94 on Wednesday, with a 1-year low of $12.41 and a 1-year high of $16.99. The company has a market cap of $470.00 million and a P/E ratio of -71.14.

Analysts at TD Cowen reduced their price objective for Boston Omaha from $30.00 to $28.00 while maintaining a “buy” rating, while Wells Fargo & Company reissued an “equal weight” rating with a $15.00 price objective.

**About Boston Omaha Corporation:**

Boston Omaha Corporation, formerly known as REO Plus, Inc., engages in the outdoor billboard advertising business in the southeast United States. The company also operates in surety insurance brokerage, broadband, and asset management.

**For more information and analysis on Boston Omaha Co., please visit HoldingsChannel.com.**

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