We Are One Seven LLC acquired a new position in shares of Walgreens Boots Alliance Inc (NASDAQ:WBA) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 11,971 shares of the pharmacy operator’s stock, valued at approximately $869,000.
Several other large investors have also recently bought and sold shares of WBA. HM Payson & Co. boosted its stake in shares of Walgreens Boots Alliance by 2.3% during the 4th quarter. HM Payson & Co. now owns 36,334 shares of the pharmacy operator’s stock worth $2,638,000 after acquiring an additional 821 shares during the period. Banco de Sabadell S.A bought a new position in shares of Walgreens Boots Alliance during the 4th quarter worth approximately $1,190,000. Altman Advisors Inc. bought a new position in shares of Walgreens Boots Alliance during the 4th quarter worth approximately $1,570,000. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp boosted its stake in shares of Walgreens Boots Alliance by 188.5% during the 4th quarter. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp now owns 32,600 shares of the pharmacy operator’s stock worth $2,367,000 after acquiring an additional 21,300 shares during the period. Finally, HighPoint Advisor Group LLC boosted its stake in shares of Walgreens Boots Alliance by 1.8% during the 4th quarter. HighPoint Advisor Group LLC now owns 111,986 shares of the pharmacy operator’s stock worth $7,648,000 after acquiring an additional 1,944 shares during the period. Institutional investors and hedge funds own 60.93% of the company’s stock.
Several analysts recently weighed in on WBA shares. Zacks Investment Research cut Walgreens Boots Alliance from a “buy” rating to a “hold” rating in a report on Monday, January 22nd. Vetr raised Walgreens Boots Alliance from a “buy” rating to a “strong-buy” rating in a report on Tuesday, December 12th. Royal Bank of Canada set a $94.00 price target on Walgreens Boots Alliance and gave the stock a “buy” rating in a report on Friday, February 16th. Needham & Company LLC dropped their price target on Walgreens Boots Alliance to $86.00 and set a “buy” rating for the company in a report on Wednesday, November 22nd. Finally, SunTrust Banks set a $80.00 price target on Walgreens Boots Alliance and gave the stock a “hold” rating in a report on Thursday, December 21st. One equities research analyst has rated the stock with a sell rating, eleven have issued a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the stock. The company has an average rating of “Buy” and a consensus target price of $84.75.
In other news, insider Stefano Pessina acquired 98,858 shares of Walgreens Boots Alliance stock in a transaction that occurred on Monday, January 15th. The shares were acquired at an average price of $76.07 per share, for a total transaction of $7,520,128.06. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Insiders own 14.80% of the company’s stock.
WBA stock opened at $66.05 on Wednesday. Walgreens Boots Alliance Inc has a 52 week low of $63.82 and a 52 week high of $87.79. The company has a quick ratio of 0.47, a current ratio of 0.96 and a debt-to-equity ratio of 0.48. The stock has a market capitalization of $65,998.37, a price-to-earnings ratio of 18.25, a PEG ratio of 1.10 and a beta of 1.21.
Walgreens Boots Alliance (NASDAQ:WBA) last issued its quarterly earnings results on Thursday, January 4th. The pharmacy operator reported $1.28 earnings per share (EPS) for the quarter, beating 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 company had revenue of $30.74 billion for the quarter, compared to analyst estimates of $30.39 billion. During the same quarter last year, the company posted $1.10 EPS. The company’s revenue for the quarter was up 7.9% compared to the same quarter last year. sell-side analysts expect that Walgreens Boots Alliance Inc will post 5.79 earnings per share for the current year.
The company also recently disclosed a quarterly dividend, which was paid on Monday, March 12th. Investors of record on Thursday, February 15th were given a dividend of $0.40 per share. The ex-dividend date was Wednesday, February 14th. This represents a $1.60 dividend on an annualized basis and a yield of 2.42%. Walgreens Boots Alliance’s dividend payout ratio is currently 44.20%.
About Walgreens Boots Alliance
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).
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.