Nikulski Financial Inc. purchased a new position in shares of Walgreens Boots Alliance Inc (NASDAQ:WBA) during the third quarter, Holdings Channel reports. The firm purchased 3,344 shares of the pharmacy operator’s stock, valued at approximately $267,000.
Several other large investors have also modified their holdings of WBA. Sei Investments Co. lifted its holdings in Walgreens Boots Alliance by 100.9% in the second quarter. Sei Investments Co. now owns 349,451 shares of the pharmacy operator’s stock valued at $20,970,000 after buying an additional 175,551 shares during the period. California Public Employees Retirement System lifted its holdings in Walgreens Boots Alliance by 7.7% in the second quarter. California Public Employees Retirement System now owns 2,303,917 shares of the pharmacy operator’s stock valued at $138,270,000 after buying an additional 165,048 shares during the period. Bridgewater Associates LP lifted its holdings in Walgreens Boots Alliance by 109.1% in the second quarter. Bridgewater Associates LP now owns 657,649 shares of the pharmacy operator’s stock valued at $39,469,000 after buying an additional 343,062 shares during the period. Schaller Investment Group Inc. bought a new stake in Walgreens Boots Alliance in the second quarter valued at $9,152,000. Finally, We Are One Seven LLC bought a new stake in Walgreens Boots Alliance in the third quarter valued at $1,295,000. Institutional investors own 64.57% of the company’s stock.
NASDAQ:WBA opened at $79.97 on Tuesday. The company has a quick ratio of 0.38, a current ratio of 0.82 and a debt-to-equity ratio of 0.47. The stock has a market cap of $75.27 billion, a PE ratio of 13.28, a price-to-earnings-growth ratio of 1.23 and a beta of 0.74. Walgreens Boots Alliance Inc has a one year low of $59.07 and a one year high of $80.68.
Walgreens Boots Alliance (NASDAQ:WBA) last posted its earnings results on Thursday, October 11th. The pharmacy operator reported $1.48 EPS for the quarter, topping the consensus estimate of $1.45 by $0.03. The company had revenue of $33.44 billion during the quarter, compared to the consensus estimate of $33.64 billion. Walgreens Boots Alliance had a net margin of 3.82% and a return on equity of 21.75%. On average, equities analysts predict that Walgreens Boots Alliance Inc will post 6.54 earnings per share for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 12th. Stockholders of record on Monday, November 12th will be given a dividend of $0.44 per share. This represents a $1.76 annualized dividend and a dividend yield of 2.20%. The ex-dividend date is Thursday, November 8th. Walgreens Boots Alliance’s payout ratio is presently 29.24%.
Several research firms have weighed in on WBA. Barclays lifted their price target on shares of Walgreens Boots Alliance from $77.00 to $80.00 and gave the company an “equal weight” rating in a research note on Friday, October 12th. BidaskClub raised shares of Walgreens Boots Alliance from a “hold” rating to a “buy” rating in a research note on Wednesday, September 12th. Citigroup lifted their price target on shares of Walgreens Boots Alliance from $69.00 to $76.00 and gave the company a “neutral” rating in a research note on Friday, October 12th. Zacks Investment Research raised shares of Walgreens Boots Alliance from a “hold” rating to a “buy” rating and set a $81.00 price target for the company in a research note on Tuesday, September 25th. Finally, Robert W. Baird lifted their price target on shares of Walgreens Boots Alliance from $64.00 to $69.00 and gave the company a “neutral” rating in a research note on Tuesday, September 11th. One research analyst has rated the stock with a sell rating, eleven have issued a hold rating, seven have issued a buy rating and two have assigned a strong buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $78.22.
In other news, EVP Kathleen Wilson-Thompson sold 52,000 shares of the business’s stock in a transaction dated Wednesday, October 31st. The shares were sold at an average price of $78.77, for a total transaction of $4,096,040.00. Following the completion of the sale, the executive vice president now directly owns 81,076 shares of the company’s stock, valued at $6,386,356.52. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, SVP Kimberly R. Scardino sold 11,970 shares of the business’s stock in a transaction dated Thursday, November 1st. The stock was sold at an average price of $79.79, for a total transaction of $955,086.30. The disclosure for this sale can be found here. Over the last three months, insiders have sold 66,706 shares of company stock valued at $5,268,584. 14.80% of the stock is currently owned by insiders.
TRADEMARK VIOLATION NOTICE: “Nikulski Financial Inc. Purchases Shares of 3,344 Walgreens Boots Alliance Inc (WBA)” was originally reported by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are reading this report on another publication, it was stolen and reposted in violation of United States and international copyright and trademark laws. The correct version of this report can be viewed at https://www.dispatchtribunal.com/2018/11/06/nikulski-financial-inc-purchases-shares-of-3344-walgreens-boots-alliance-inc-wba.html.
About Walgreens Boots Alliance
Walgreens Boots Alliance, Inc operates as a pharmacy-led health and wellbeing company. It operates through three segments: Retail Pharmacy USA, Retail Pharmacy International, and Pharmaceutical Wholesale. The Retail Pharmacy USA segment sells prescription drugs and an assortment of general merchandise, including non-prescription drugs, beauty products, photo finishing, seasonal merchandise, greeting cards, and convenience foods through its retail drugstores and convenient care clinics.
Featured Article: NASDAQ
Want to see what other hedge funds are holding WBA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Walgreens Boots Alliance Inc (NASDAQ:WBA).
Receive News & Ratings for Walgreens Boots Alliance Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Walgreens Boots Alliance and related companies with MarketBeat.com's FREE daily email newsletter.