Evernest Financial Advisors LLC Reduces Stake in B.O.S. Better Online Solutions $BOSC

Evernest Financial Advisors LLC lessened its holdings in B.O.S. Better Online Solutions (NASDAQ:BOSC) by 44.0% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 181,412 shares of the communications equipment provider’s stock after selling 142,588 shares during the quarter. Evernest Financial Advisors LLC’s holdings in B.O.S. Better Online Solutions were worth $876,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the business. Bank of America Corp DE acquired a new stake in B.O.S. Better Online Solutions during the 3rd quarter valued at approximately $39,000. Royal Bank of Canada acquired a new stake in shares of B.O.S. Better Online Solutions in the fourth quarter worth $49,000. HRT Financial LP acquired a new stake in shares of B.O.S. Better Online Solutions in the fourth quarter worth $51,000. XTX Topco Ltd raised its holdings in shares of B.O.S. Better Online Solutions by 42.0% during 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 shares of B.O.S. Better Online Solutions during the fourth quarter worth $125,000. 15.06% of the stock is owned by hedge funds and other institutional investors.

B.O.S. Better Online Solutions Price Performance

NASDAQ:BOSC opened at $4.24 on Tuesday. 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 has a 50 day moving average price of $4.40 and a 200-day moving average price of $4.65. 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 cap of $29.89 million, a price-to-earnings ratio of 9.42 and a beta of 1.08.

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

Analysts Set New Price Targets

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