Evernest Financial Advisors LLC Raises Position in B.O.S. Better Online Solutions $BOSC

Evernest Financial Advisors LLC boosted its stake in B.O.S. Better Online Solutions (NASDAQ:BOSC) by 604.3% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 324,000 shares of the communications equipment provider’s stock after buying an additional 278,000 shares during the quarter. Evernest Financial Advisors LLC owned about 0.05% of B.O.S. Better Online Solutions worth $1,591,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of BOSC. Bank of America Corp DE purchased a new position in B.O.S. Better Online Solutions in the 3rd quarter valued at about $39,000. HRT Financial LP purchased a new position in B.O.S. Better Online Solutions in the 4th quarter valued at about $51,000. Integrated Advisors Network LLC purchased a new position in B.O.S. Better Online Solutions in the 3rd quarter worth approximately $90,000. Jane Street Group LLC purchased a new position in B.O.S. Better Online Solutions in the 4th quarter worth approximately $125,000. Finally, Susquehanna International Group LLP lifted its stake in B.O.S. Better Online Solutions by 134.7% in the 3rd quarter. Susquehanna International Group LLP now owns 55,551 shares of the communications equipment provider’s stock worth $263,000 after purchasing an additional 31,887 shares in the last quarter. 15.06% of the stock is owned by hedge funds and other institutional investors.

B.O.S. Better Online Solutions Trading Up 1.7%

BOSC opened at $4.30 on Friday. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.84 and a quick ratio of 2.29. The company’s 50 day simple moving average is $4.52 and its two-hundred day simple moving average is $4.67. B.O.S. Better Online Solutions has a 1-year low of $3.80 and a 1-year high of $6.72. The firm has a market capitalization of $30.32 million, a price-to-earnings ratio of 9.56 and a beta of 1.10.

B.O.S. Better Online Solutions (NASDAQ:BOSC) last released its earnings results 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 business had revenue of $11.39 million for the quarter.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on BOSC shares. Alliance Global Partners started coverage on shares of B.O.S. Better Online Solutions in a research note on Thursday, April 23rd. They issued a “buy” rating and a $8.00 target price on the stock. Weiss Ratings raised shares of B.O.S. Better Online Solutions from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, June 3rd. Finally, Wall Street Zen lowered shares of B.O.S. Better Online Solutions from a “buy” rating to a “hold” rating in a research note on Saturday, May 30th. Two analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company has a consensus rating of “Buy” and an average price target of $8.00.

B.O.S. Better Online Solutions 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.