According to Fintel, Wells Fargo maintained its coverage of Boston Omaha Corp – (NYSE:BOC) with an Overweight recommendation on May 24, 2023.
Projected Upside Potential
Boston Omaha Corp’s average one-year price target as of May 11, 2023 is 36.98, with a low estimate of 31.31 and a high of $43.58. In comparison, its latest reported closing price was 20.85. The predicted average price increase is 77.34%.
See our leaderboard of companies with the largest projected price target upside.
The forecasted annual revenue for Boston Omaha Corp – is $89 million, an increase of 0.88%.
What is the Fund Sentiment?
The number of funds and institutions reporting a position in Boston Omaha Corp – is 256, which is up by 7, or 2.81%, in the last quarter. The average portfolio weight of all funds invested in BOC is 0.19%, down by 21.72%. The total shares owned by institutions increased by 12.60% over the last three months to 22,584K shares. 
The put/call ratio of BOC is 0.38, indicating a bullish outlook.
What are Other Shareholders Doing?
Magnolia Group owns 5,682K shares, representing 18.15% ownership of the company. In the last quarter, there was no change reported.
Massachusetts Institute Of Technology has 2,602K shares, representing 8.31% ownership of the company. In its previous filing, the firm reported owning 2,640K shares, representing a decrease of 1.44%. However, the firm increased its portfolio allocation in BOC by 82,821.14% in the last quarter.
T. Rowe Price Investment Management has 2,367K shares, representing 7.56% ownership of the company. In its previous filing, the firm reported owning 2,770K shares, representing a decrease of 17.00%. The firm decreased its portfolio allocation in BOC by 28.67% over the last quarter.
PRSVX – T. Rowe Price Small-Cap Value Fund has 1,772K shares, representing 5.66% ownership of the company. In its previous filing, the firm reported owning 1,776K shares, representing a decrease of 0.17%. However, the firm increased its portfolio allocation in BOC by 12.28% over the last quarter.
VTSMX – Vanguard Total Stock Market Index Fund Investor Shares has 670K shares, representing 2.14% ownership of the company. In its previous filing, the firm reported owning 591K shares, representing an increase of 11.78%. The firm increased its portfolio allocation in BOC by 20.40% over the last quarter.
About Boston Omaha Corp
(This description is provided by the company.)
Boston Omaha Corporation is a publicly traded holding company with three majority-owned businesses engaged in outdoor advertising, surety insurance, and broadband telecommunications services. The company also holds minority investments in a bank, a national residential home builder, and commercial real estate services businesses.
Key filings for this company:
This story was originally published on Fintel.
The opinions and views expressed in this article are those of the author and do not necessarily reflect the views of Nasdaq, Inc.
