Janus Henderson Group PLC cut its holdings in Walgreens Boots Alliance Inc (NASDAQ:WBA) by 0.6% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 263,702 shares of the pharmacy operator’s stock after selling 1,577 shares during the period. Janus Henderson Group PLC’s holdings in Walgreens Boots Alliance were worth $19,227,000 at the end of the most recent reporting period.
A number of other large investors have also modified their holdings of WBA. BlueMountain Capital Management LLC acquired a new position in Walgreens Boots Alliance during the 2nd quarter worth $103,000. CSat Investment Advisory L.P. acquired a new position in Walgreens Boots Alliance during the 2nd quarter worth $104,000. Asset Dedication LLC lifted its position in Walgreens Boots Alliance by 204.6% during the 3rd quarter. Asset Dedication LLC now owns 1,578 shares of the pharmacy operator’s stock worth $115,000 after acquiring an additional 1,060 shares during the last quarter. Sun Life Financial INC lifted its position in Walgreens Boots Alliance by 803.5% during the 2nd quarter. Sun Life Financial INC now owns 2,313 shares of the pharmacy operator’s stock worth $139,000 after acquiring an additional 2,057 shares during the last quarter. Finally, Capital Advisors Ltd. LLC lifted its position in Walgreens Boots Alliance by 1,150.3% during the 3rd quarter. Capital Advisors Ltd. LLC now owns 2,063 shares of the pharmacy operator’s stock worth $150,000 after acquiring an additional 1,898 shares during the last quarter. Hedge funds and other institutional investors own 62.59% of the company’s stock.
NASDAQ WBA opened at $82.94 on Friday. The stock has a market capitalization of $78.61 billion, a P/E ratio of 13.68, a price-to-earnings-growth ratio of 1.29 and a beta of 0.76. Walgreens Boots Alliance Inc has a twelve month low of $59.07 and a twelve month high of $86.31. The company has a current ratio of 0.82, a quick ratio of 0.38 and a debt-to-equity ratio of 0.47.
Walgreens Boots Alliance (NASDAQ:WBA) last posted its earnings results on Thursday, October 11th. The pharmacy operator reported $1.48 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.45 by $0.03. The business had revenue of $33.44 billion for the quarter, compared to analysts’ expectations of $33.64 billion. Walgreens Boots Alliance had a net margin of 3.82% and a return on equity of 21.75%. As a group, research analysts anticipate 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. Investors of record on Monday, November 12th will be paid a $0.44 dividend. The ex-dividend date is Thursday, November 8th. This represents a $1.76 dividend on an annualized basis and a yield of 2.12%. Walgreens Boots Alliance’s payout ratio is currently 29.24%.
A number of research analysts have weighed in on the stock. Zacks Investment Research lowered shares of Walgreens Boots Alliance from a “buy” rating to a “hold” rating in a research report on Monday. Robert W. Baird upped their price objective on shares of Walgreens Boots Alliance from $69.00 to $71.00 and gave the company a “neutral” rating in a research report on Friday, October 12th. BidaskClub raised shares of Walgreens Boots Alliance from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, August 21st. TheStreet raised shares of Walgreens Boots Alliance from a “c+” rating to a “b” rating in a research report on Wednesday, September 12th. Finally, SunTrust Banks upped their price objective on shares of Walgreens Boots Alliance to $75.00 and gave the company a “hold” rating in a research report on Friday, October 12th. One research analyst has rated the stock with a sell rating, eleven have issued a hold rating, seven have assigned a buy rating and two have given a strong buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $79.11.
In other Walgreens Boots Alliance news, SVP Kimberly R. Scardino sold 11,970 shares of the company’s stock in a transaction dated Thursday, November 1st. The shares were sold at an average price of $79.79, for a total transaction of $955,086.30. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Nancy M. Schlichting sold 7,050 shares of the company’s stock in a transaction dated Tuesday, November 20th. The stock was sold at an average price of $78.81, for a total transaction of $555,610.50. Following the sale, the director now directly owns 5,709 shares in the company, valued at $449,926.29. The disclosure for this sale can be found here. In the last three months, insiders sold 73,756 shares of company stock worth $5,824,194. 14.80% of the stock is currently owned by insiders.
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Walgreens Boots Alliance Company Profile
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 retail products, including health, beauty, personal care, consumable, and general merchandise products through its retail drugstores and convenient care clinics.
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