American Century Companies Inc. Buys 1,199,442 Shares of Walgreens Boots Alliance, Inc. (WBA)

American Century Companies Inc. boosted its stake in shares of Walgreens Boots Alliance, Inc. (NASDAQ:WBA) by 1,145.3% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,304,168 shares of the pharmacy operator’s stock after purchasing an additional 1,199,442 shares during the quarter. American Century Companies Inc. owned approximately 0.12% of Walgreens Boots Alliance worth $102,129,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Reilly Financial Advisors LLC increased its holdings in Walgreens Boots Alliance by 7.9% during the 2nd quarter. Reilly Financial Advisors LLC now owns 1,367 shares of the pharmacy operator’s stock worth $107,000 after purchasing an additional 100 shares during the period. Orrstown Financial Services Inc. boosted its position in shares of Walgreens Boots Alliance by 14.1% during the 2nd quarter. Orrstown Financial Services Inc. now owns 1,728 shares of the pharmacy operator’s stock worth $135,000 after acquiring an additional 213 shares in the last quarter. Private Vista LLC boosted its position in shares of Walgreens Boots Alliance by 6,403.7% during the 2nd quarter. Private Vista LLC now owns 583,185 shares of the pharmacy operator’s stock worth $140,000 after acquiring an additional 574,218 shares in the last quarter. Founders Capital Management acquired a new position in shares of Walgreens Boots Alliance during the 1st quarter worth about $161,000. Finally, Modera Wealth Management LLC boosted its position in shares of Walgreens Boots Alliance by 0.4% during the 1st quarter. Modera Wealth Management LLC now owns 2,451 shares of the pharmacy operator’s stock worth $204,000 after acquiring an additional 9 shares in the last quarter. Institutional investors own 60.14% of the company’s stock.

In other Walgreens Boots Alliance news, Director William C. Foote sold 2,736 shares of Walgreens Boots Alliance stock in a transaction that occurred on Tuesday, July 25th. The stock was sold at an average price of $79.79, for a total value of $218,305.44. Following the completion of the transaction, the director now directly owns 19,151 shares in the company, valued at $1,528,058.29. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 13.50% of the company’s stock.

Shares of Walgreens Boots Alliance, Inc. (NASDAQ WBA) opened at 68.06 on Friday. The firm’s 50-day moving average price is $76.37 and its 200-day moving average price is $80.09. The firm has a market capitalization of $72.83 billion, a PE ratio of 17.19 and a beta of 1.25. Walgreens Boots Alliance, Inc. has a 52-week low of $67.06 and a 52-week high of $89.69.

Walgreens Boots Alliance declared that its Board of Directors has approved a share buyback plan on Thursday, June 29th that authorizes the company to repurchase $5.00 billion in shares. This repurchase authorization authorizes the pharmacy operator to purchase up to 5.9% of its stock through open market purchases. Stock repurchase plans are typically an indication that the company’s leadership believes its stock is undervalued.

Several research analysts have recently issued reports on WBA shares. Loop Capital started coverage on Walgreens Boots Alliance in a research report on Thursday, August 24th. They set a “buy” rating and a $95.00 price objective for the company. Needham & Company LLC reaffirmed a “buy” rating and set a $94.00 price objective on shares of Walgreens Boots Alliance in a research report on Thursday, October 12th. BidaskClub cut Walgreens Boots Alliance from a “hold” rating to a “sell” rating in a research report on Tuesday, September 12th. Jefferies Group LLC reaffirmed a “buy” rating and set a $95.00 price objective on shares of Walgreens Boots Alliance in a research report on Thursday, September 7th. Finally, Credit Suisse Group reaffirmed a “buy” rating and set a $97.00 price objective on shares of Walgreens Boots Alliance in a research report on Thursday, July 13th. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and fourteen have given a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus target price of $89.24.

ILLEGAL ACTIVITY NOTICE: “American Century Companies Inc. Buys 1,199,442 Shares of Walgreens Boots Alliance, Inc. (WBA)” was published by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are accessing t

Other hedge funds and other institutional investors also recently modified their holdings of the company. Reilly Financial Advisors LLC increased its holdings in Walgreens Boots Alliance by 7.9% during the 2nd quarter. Reilly Financial Advisors LLC now owns 1,367 shares of the pharmacy operator’s stock worth $107,000 after purchasing an additional 100 shares during the period. Orrstown Financial Services Inc. boosted its position in shares of Walgreens Boots Alliance by 14.1% during the 2nd quarter. Orrstown Financial Services Inc. now owns 1,728 shares of the pharmacy operator’s stock worth $135,000 after acquiring an additional 213 shares in the last quarter. Private Vista LLC boosted its position in shares of Walgreens Boots Alliance by 6,403.7% during the 2nd quarter. Private Vista LLC now owns 583,185 shares of the pharmacy operator’s stock worth $140,000 after acquiring an additional 574,218 shares in the last quarter. Founders Capital Management acquired a new position in shares of Walgreens Boots Alliance during the 1st quarter worth about $161,000. Finally, Modera Wealth Management LLC boosted its position in shares of Walgreens Boots Alliance by 0.4% during the 1st quarter. Modera Wealth Management LLC now owns 2,451 shares of the pharmacy operator’s stock worth $204,000 after acquiring an additional 9 shares in the last quarter. Institutional investors own 60.14% of the company’s stock.

In other Walgreens Boots Alliance news, Director William C. Foote sold 2,736 shares of Walgreens Boots Alliance stock in a transaction that occurred on Tuesday, July 25th. The stock was sold at an average price of $79.79, for a total value of $218,305.44. Following the completion of the transaction, the director now directly owns 19,151 shares in the company, valued at $1,528,058.29. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 13.50% of the company’s stock.

Shares of Walgreens Boots Alliance, Inc. (NASDAQ WBA) opened at 68.06 on Friday. The firm’s 50-day moving average price is $76.37 and its 200-day moving average price is $80.09. The firm has a market capitalization of $72.83 billion, a PE ratio of 17.19 and a beta of 1.25. Walgreens Boots Alliance, Inc. has a 52-week low of $67.06 and a 52-week high of $89.69.

Walgreens Boots Alliance declared that its Board of Directors has approved a share buyback plan on Thursday, June 29th that authorizes the company to repurchase $5.00 billion in shares. This repurchase authorization authorizes the pharmacy operator to purchase up to 5.9% of its stock through open market purchases. Stock repurchase plans are typically an indication that the company’s leadership believes its stock is undervalued.

Several research analysts have recently issued reports on WBA shares. Loop Capital started coverage on Walgreens Boots Alliance in a research report on Thursday, August 24th. They set a “buy” rating and a $95.00 price objective for the company. Needham & Company LLC reaffirmed a “buy” rating and set a $94.00 price objective on shares of Walgreens Boots Alliance in a research report on Thursday, October 12th. BidaskClub cut Walgreens Boots Alliance from a “hold” rating to a “sell” rating in a research report on Tuesday, September 12th. Jefferies Group LLC reaffirmed a “buy” rating and set a $95.00 price objective on shares of Walgreens Boots Alliance in a research report on Thursday, September 7th. Finally, Credit Suisse Group reaffirmed a “buy” rating and set a $97.00 price objective on shares of Walgreens Boots Alliance in a research report on Thursday, July 13th. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and fourteen have given a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus target price of $89.24.

ILLEGAL ACTIVITY NOTICE: “American Century Companies Inc. Buys 1,199,442 Shares of Walgreens Boots Alliance, Inc. (WBA)” was published by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are accessing this piece of content on another domain, it was illegally stolen and reposted in violation of U.S. and international copyright laws. The original version of this piece of content can be viewed at https://ledgergazette.com/2017/10/21/american-century-companies-inc-buys-1199442-shares-of-walgreens-boots-alliance-inc-wba.html.

Walgreens Boots Alliance 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).

Institutional Ownership by Quarter for Walgreens Boots Alliance (NASDAQ:WBA)

Receive News & Ratings for Walgreens Boots Alliance Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Walgreens Boots Alliance Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply