Evernest Financial Advisors LLC Decreases Stock Holdings in B.O.S. Better Online Solutions $BOSC

Evernest Financial Advisors LLC trimmed its position in shares of B.O.S. Better Online Solutions (NASDAQ:BOSC) by 44.0% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 181,412 shares of the communications equipment provider’s stock after selling 142,588 shares during the quarter. Evernest Financial Advisors LLC owned about 2.57% of B.O.S. Better Online Solutions worth $876,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the company. Bank of America Corp DE bought a new position in shares of B.O.S. Better Online Solutions during the 3rd quarter worth approximately $39,000. Royal Bank of Canada acquired a new stake in B.O.S. Better Online Solutions in the fourth quarter valued at approximately $49,000. HRT Financial LP acquired a new stake in B.O.S. Better Online Solutions in the fourth quarter valued at approximately $51,000. XTX Topco Ltd grew its holdings in B.O.S. Better Online Solutions by 42.0% in the fourth quarter. XTX Topco Ltd now owns 21,410 shares of the communications equipment provider’s stock worth $98,000 after purchasing an additional 6,334 shares during the last quarter. Finally, Jane Street Group LLC purchased a new position in B.O.S. Better Online Solutions in the fourth quarter worth $125,000. 15.06% of the stock is currently owned by institutional investors.

B.O.S. Better Online Solutions Stock Performance

Shares of B.O.S. Better Online Solutions stock opened at $4.24 on Tuesday. The firm’s 50 day simple moving average is $4.40 and its two-hundred day simple moving average is $4.65. The firm has a market capitalization of $29.89 million, a price-to-earnings ratio of 9.42 and a beta of 1.08. B.O.S. Better Online Solutions has a 12-month low of $3.80 and a 12-month high of $6.72. The company has a current ratio of 2.84, a quick ratio of 2.29 and a debt-to-equity ratio of 0.03.

B.O.S. Better Online Solutions (NASDAQ:BOSC) last announced its quarterly earnings data on Friday, May 15th. The communications equipment provider reported $0.11 earnings per share for the quarter. B.O.S. Better Online Solutions had a net margin of 6.45% and a return on equity of 13.85%. The firm had revenue of $11.39 million for the quarter.

Analyst Ratings Changes

BOSC has been the subject of several analyst reports. Wall Street Zen lowered B.O.S. Better Online Solutions from a “buy” rating to a “hold” rating in a report on Saturday, May 30th. Weiss Ratings downgraded B.O.S. Better Online Solutions from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Thursday, July 2nd. Finally, Alliance Global Partners started coverage on B.O.S. Better Online Solutions in a research report on Thursday, April 23rd. They set a “buy” rating and a $8.00 target price on the stock. One research analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, B.O.S. Better Online Solutions presently has a consensus rating of “Moderate Buy” and an average price target of $8.00.

B.O.S. Better Online Solutions Company Profile

B.O.S. Better Online Solutions Ltd. provides intelligent robotics, radio frequency identification (RFID), and supply chain solutions for enterprises worldwide. The Intelligent Robotics Division provides custom-made machines for industrial automation and assembly of products and packing that offer technological solutions. The RFID Division provides hardware products, such as thermal and barcode printers; RFID and barcode scanners and readers; wireless, mobile, and forklift terminals; wireless infrastructure; active and passive RFID tags; ribbons, labels, and tags; and RFID systems for libraries.