B.O.S. Better Online Solutions $BOSC Shares Bought by Evernest Financial Advisors LLC

Evernest Financial Advisors LLC boosted its stake in shares of B.O.S. Better Online Solutions (NASDAQ:BOSC) by 604.3% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 324,000 shares of the communications equipment provider’s stock after purchasing an additional 278,000 shares during the period. Evernest Financial Advisors LLC owned approximately 5.24% of B.O.S. Better Online Solutions worth $1,591,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Bank of America Corp DE acquired a new stake in B.O.S. Better Online Solutions during the 3rd quarter worth about $39,000. HRT Financial LP purchased a new stake in shares of B.O.S. Better Online Solutions during the 4th quarter worth about $51,000. Integrated Advisors Network LLC purchased a new stake in shares of B.O.S. Better Online Solutions during the 3rd quarter worth about $90,000. Goldman Sachs Group Inc. boosted its stake in shares of B.O.S. Better Online Solutions by 65.9% during the 4th quarter. Goldman Sachs Group Inc. now owns 64,431 shares of the communications equipment provider’s stock worth $294,000 after acquiring an additional 25,589 shares in the last quarter. Finally, Jane Street Group LLC purchased a new stake in shares of B.O.S. Better Online Solutions during the 4th quarter worth about $125,000. 15.06% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts have recently issued reports 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 set a “buy” rating and a $8.00 target price on the stock. 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. Finally, 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. Two research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of $8.00.

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

BOSC stock opened at $4.30 on Friday. The firm has a market cap of $30.32 million, a P/E ratio of 9.56 and a beta of 1.10. B.O.S. Better Online Solutions has a 52-week low of $3.80 and a 52-week high of $6.72. The company’s 50-day simple moving average is $4.52 and its 200-day simple moving average is $4.67. The company has a quick ratio of 2.29, a current ratio of 2.84 and a debt-to-equity ratio of 0.03.

B.O.S. Better Online Solutions (NASDAQ:BOSC) last issued its quarterly earnings results on Friday, May 15th. The communications equipment provider reported $0.11 earnings per share 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%.

About B.O.S. Better Online Solutions

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.