Bollard Group LLC raised its holdings in Walgreens Boots Alliance Inc (NASDAQ:WBA) by 0.4% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 76,311 shares of the pharmacy operator’s stock after purchasing an additional 323 shares during the quarter. Bollard Group LLC’s holdings in Walgreens Boots Alliance were worth $5,214,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other large investors have also made changes to their positions in the company. Massey Quick Simon & CO. LLC bought a new position in shares of Walgreens Boots Alliance during the 4th quarter worth $27,000. Cornerstone Advisors Inc. grew its stake in shares of Walgreens Boots Alliance by 102.4% during the 3rd quarter. Cornerstone Advisors Inc. now owns 423 shares of the pharmacy operator’s stock worth $31,000 after acquiring an additional 214 shares during the period. Brand Asset Management Group Inc. grew its stake in shares of Walgreens Boots Alliance by 40.7% during the 4th quarter. Brand Asset Management Group Inc. now owns 692 shares of the pharmacy operator’s stock worth $47,000 after acquiring an additional 200 shares during the period. Alpha Omega Wealth Management LLC grew its stake in shares of Walgreens Boots Alliance by 44.8% during the 4th quarter. Alpha Omega Wealth Management LLC now owns 869 shares of the pharmacy operator’s stock worth $59,000 after acquiring an additional 269 shares during the period. Finally, Financial Gravity Companies Inc. bought a new position in shares of Walgreens Boots Alliance during the 4th quarter worth $59,000. Hedge funds and other institutional investors own 66.57% of the company’s stock.
In other Walgreens Boots Alliance news, Director Nancy M. Schlichting sold 7,050 shares of the firm’s stock in a transaction dated Tuesday, November 20th. The stock was sold at an average price of $78.81, for a total value of $555,610.50. Following the completion of the transaction, the director now owns 5,709 shares in the company, valued at approximately $449,926.29. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 15.73% of the stock is owned by company insiders.
Several research firms have recently weighed in on WBA. Zacks Investment Research downgraded Walgreens Boots Alliance from a “buy” rating to a “hold” rating in a research note on Monday, December 3rd. Loop Capital set a $82.00 price target on Walgreens Boots Alliance and gave the stock a “buy” rating in a research note on Wednesday, January 23rd. BidaskClub downgraded Walgreens Boots Alliance from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, December 18th. Needham & Company LLC upgraded Walgreens Boots Alliance to a “buy” rating and set a $94.00 price target for the company in a research note on Thursday, December 20th. Finally, UBS Group began coverage on Walgreens Boots Alliance in a research note on Thursday, January 17th. They set a “sell” rating and a $70.00 price target for the company. Four analysts have rated the stock with a sell rating, twelve have assigned a hold rating and five have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of $78.83.
Shares of NASDAQ WBA opened at $72.43 on Thursday. Walgreens Boots Alliance Inc has a 52 week low of $59.07 and a 52 week high of $86.31. The company has a quick ratio of 0.36, a current ratio of 0.80 and a debt-to-equity ratio of 0.44. The stock has a market capitalization of $68.04 billion, a price-to-earnings ratio of 12.03, a P/E/G ratio of 1.10 and a beta of 0.98.
Walgreens Boots Alliance (NASDAQ:WBA) last issued its earnings results on Thursday, December 20th. The pharmacy operator reported $1.46 EPS for the quarter, topping the consensus estimate of $1.43 by $0.03. Walgreens Boots Alliance had a return on equity of 22.17% and a net margin of 3.96%. The business had revenue of $33.79 billion during the quarter, compared to the consensus estimate of $33.90 billion. During the same quarter last year, the company earned $1.28 EPS. The firm’s revenue was up 9.9% compared to the same quarter last year. On average, equities analysts forecast that Walgreens Boots Alliance Inc will post 6.52 earnings per share for the current fiscal year.
The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 12th. Shareholders of record on Friday, February 15th will be paid a $0.44 dividend. The ex-dividend date is Thursday, February 14th. This represents a $1.76 annualized dividend and a yield of 2.43%. Walgreens Boots Alliance’s dividend payout ratio is currently 29.24%.
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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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