Gould Asset Management LLC CA boosted its holdings in Walgreens Boots Alliance Inc (NASDAQ:WBA) by 118.3% in the fourth quarter, HoldingsChannel reports. The firm owned 5,720 shares of the pharmacy operator’s stock after buying an additional 3,100 shares during the quarter. Gould Asset Management LLC CA’s holdings in Walgreens Boots Alliance were worth $415,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also made changes to their positions in WBA. Vanguard Group Inc. boosted its holdings in shares of Walgreens Boots Alliance by 2.8% in the second quarter. Vanguard Group Inc. now owns 69,985,653 shares of the pharmacy operator’s stock valued at $5,480,577,000 after acquiring an additional 1,926,108 shares during the period. Franklin Resources Inc. boosted its holdings in shares of Walgreens Boots Alliance by 24.7% in the second quarter. Franklin Resources Inc. now owns 18,502,701 shares of the pharmacy operator’s stock valued at $1,448,939,000 after acquiring an additional 3,662,302 shares during the period. Nordea Investment Management AB boosted its holdings in shares of Walgreens Boots Alliance by 1.0% in the third quarter. Nordea Investment Management AB now owns 10,182,388 shares of the pharmacy operator’s stock valued at $786,284,000 after acquiring an additional 96,552 shares during the period. CI Global Investments Inc. boosted its holdings in shares of Walgreens Boots Alliance by 32.0% in the fourth quarter. CI Global Investments Inc. now owns 7,373,589 shares of the pharmacy operator’s stock valued at $535,470,000 after acquiring an additional 1,785,449 shares during the period. Finally, Dimensional Fund Advisors LP boosted its holdings in shares of Walgreens Boots Alliance by 12.5% in the third quarter. Dimensional Fund Advisors LP now owns 6,641,826 shares of the pharmacy operator’s stock valued at $512,893,000 after acquiring an additional 735,917 shares during the period. 60.82% of the stock is owned by hedge funds and other institutional investors.
Several equities research analysts have recently weighed in on WBA shares. Zacks Investment Research downgraded Walgreens Boots Alliance from a “buy” rating to a “hold” rating in a report on Monday, January 22nd. BidaskClub raised Walgreens Boots Alliance from a “strong sell” rating to a “sell” rating in a report on Friday, November 10th. Vetr raised Walgreens Boots Alliance from a “buy” rating to a “strong-buy” rating in a report on Tuesday, December 12th. Citigroup decreased their price objective on Walgreens Boots Alliance from $95.00 to $81.00 and set a “buy” rating for the company in a report on Thursday, November 2nd. Finally, Leerink Swann downgraded Walgreens Boots Alliance from an “outperform” rating to a “market perform” rating in a report on Wednesday, November 1st. Ten investment analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the company. The stock presently has an average rating of “Buy” and an average target price of $85.37.
Shares of Walgreens Boots Alliance Inc (WBA) opened at $70.36 on Friday. Walgreens Boots Alliance Inc has a 52 week low of $63.82 and a 52 week high of $87.79. The company has a current ratio of 0.96, a quick ratio of 0.47 and a debt-to-equity ratio of 0.48. The company has a market capitalization of $69,019.91, a P/E ratio of 13.19, a PEG ratio of 1.17 and a beta of 1.18.
Walgreens Boots Alliance (NASDAQ:WBA) last released its quarterly earnings results on Thursday, January 4th. The pharmacy operator reported $1.28 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.27 by $0.01. Walgreens Boots Alliance had a return on equity of 19.15% and a net margin of 3.19%. The business had revenue of $30.74 billion during the quarter, compared to analysts’ expectations of $30.39 billion. During the same quarter in the prior year, the business earned $1.10 earnings per share. The company’s quarterly revenue was up 7.9% compared to the same quarter last year. research analysts forecast that Walgreens Boots Alliance Inc will post 5.73 EPS for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Monday, March 12th. Stockholders of record on Thursday, February 15th will be paid a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 2.27%. The ex-dividend date of this dividend is Wednesday, February 14th. Walgreens Boots Alliance’s dividend payout ratio (DPR) is presently 44.20%.
In other Walgreens Boots Alliance news, insider Stefano Pessina acquired 98,858 shares of the business’s stock in a transaction on Monday, January 15th. The stock was purchased at an average price of $76.07 per share, for a total transaction of $7,520,128.06. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 14.80% of the stock is owned by corporate insiders.
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Walgreens Boots Alliance Company Profile
Walgreens Boots Alliance, Inc (Walgreens Boots Alliance) is a holding company. The Company is a global pharmacy-led, health and wellbeing enterprise. Walgreens Boots Alliance operates through three divisions, including Retail Pharmacy USA, Retail Pharmacy International and Pharmaceutical Wholesale. The Company’s products are marketed under a number of brands, which include No7, the Botanics range, Almus (generic medicines), Boots Pharmaceuticals and Soap & Glory (bathing and beauty brand).
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