Walgreens Boots Alliance, Inc. (NASDAQ:WBA – Get Free Report) was the target of some unusual options trading on Monday. Investors acquired 85,066 call options on the company. This is an increase of 44% compared to the average volume of 59,115 call options.
Walgreens Boots Alliance Stock Performance
Shares of WBA stock traded down $0.09 during midday trading on Monday, hitting $9.12. The company had a trading volume of 16,468,035 shares, compared to its average volume of 16,442,605. The stock has a market cap of $7.87 billion, a price-to-earnings ratio of -1.38, a PEG ratio of 1.04 and a beta of 0.70. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.65 and a quick ratio of 0.31. The company’s 50 day simple moving average is $9.45 and its 200 day simple moving average is $13.40. Walgreens Boots Alliance has a 52-week low of $8.22 and a 52-week high of $27.05.
Institutional Investors Weigh In On Walgreens Boots Alliance
Institutional investors have recently added to or reduced their stakes in the business. Scientech Research LLC purchased a new position in shares of Walgreens Boots Alliance in the 2nd quarter valued at about $1,215,000. Syon Capital LLC acquired a new stake in shares of Walgreens Boots Alliance during the 4th quarter valued at approximately $333,000. Ariel Investments LLC boosted its stake in shares of Walgreens Boots Alliance by 10.8% during the 2nd quarter. Ariel Investments LLC now owns 2,038,878 shares of the pharmacy operator’s stock worth $24,660,000 after acquiring an additional 198,891 shares in the last quarter. Clifford Capital Partners LLC grew its holdings in shares of Walgreens Boots Alliance by 58.4% in the 2nd quarter. Clifford Capital Partners LLC now owns 803,204 shares of the pharmacy operator’s stock worth $9,715,000 after acquiring an additional 296,135 shares during the period. Finally, EP Wealth Advisors LLC acquired a new position in Walgreens Boots Alliance during the fourth quarter worth $297,000. Hedge funds and other institutional investors own 58.59% of the company’s stock.
Analyst Upgrades and Downgrades
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About Walgreens Boots Alliance
Walgreens Boots Alliance, Inc operates as a healthcare, pharmacy, and retail company in the United States, the United Kingdom, Germany, and internationally. It operates through three segments: U.S. Retail Pharmacy, International, and U.S. Healthcare. The U.S. Retail Pharmacy segment engages in operation of the retail drugstores, health and wellness services, specialty, and home delivery pharmacy services, which offers health and wellness, beauty, personal care and consumables, and general merchandise.
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