Advisory Services Network LLC trimmed its position in shares of Walgreens Boots Alliance Inc (NASDAQ:WBA) by 57.9% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 4,789 shares of the pharmacy operator’s stock after selling 6,599 shares during the quarter. Advisory Services Network LLC’s holdings in Walgreens Boots Alliance were worth $348,000 at the end of the most recent reporting period.
Other hedge funds have also recently added to or reduced their stakes in the company. Westside Investment Management Inc. increased its holdings in shares of Walgreens Boots Alliance by 10.4% during the second quarter. Westside Investment Management Inc. now owns 1,325 shares of the pharmacy operator’s stock valued at $102,000 after acquiring an additional 125 shares in the last quarter. Zions Bancorporation increased its holdings in shares of Walgreens Boots Alliance by 983.3% during the third quarter. Zions Bancorporation now owns 1,365 shares of the pharmacy operator’s stock valued at $105,000 after acquiring an additional 1,239 shares in the last quarter. IHT Wealth Management LLC increased its holdings in Walgreens Boots Alliance by 46.3% in the 2nd quarter. IHT Wealth Management LLC now owns 6,946 shares of the pharmacy operator’s stock worth $135,000 after buying an additional 2,199 shares during the period. Bristlecone Advisors LLC acquired a new position in Walgreens Boots Alliance in the 3rd quarter worth approximately $135,000. Finally, American Research & Management Co. increased its holdings in Walgreens Boots Alliance by 271.8% in the 4th quarter. American Research & Management Co. now owns 2,231 shares of the pharmacy operator’s stock worth $162,000 after buying an additional 1,631 shares during the period. 60.82% of the stock is owned by institutional investors and hedge funds.
In other Walgreens Boots Alliance news, insider Stefano Pessina bought 98,858 shares of the firm’s stock in a transaction dated Monday, January 15th. The shares were purchased at an average price of $76.07 per share, for a total transaction of $7,520,128.06. The transaction was disclosed in a document filed with the SEC, which is available through this link. Company insiders own 14.80% of the company’s stock.
Shares of Walgreens Boots Alliance Inc (NASDAQ:WBA) opened at $69.67 on Friday. The company has a market cap of $69,020.00, a P/E ratio of 19.25, a PEG ratio of 1.19 and a beta of 1.18. Walgreens Boots Alliance Inc has a one year low of $63.82 and a one year high of $87.82. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.47 and a current ratio of 0.96.
Walgreens Boots Alliance (NASDAQ:WBA) last issued its quarterly earnings data on Thursday, January 4th. The pharmacy operator reported $1.28 EPS for the quarter, topping analysts’ consensus estimates of $1.27 by $0.01. The business had revenue of $30.74 billion for the quarter, compared to analysts’ expectations of $30.39 billion. Walgreens Boots Alliance had a net margin of 3.19% and a return on equity of 19.15%. The business’s revenue was up 7.9% on a year-over-year basis. During the same quarter last year, the company earned $1.10 EPS. research analysts forecast that Walgreens Boots Alliance Inc will post 5.73 earnings per share for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Monday, March 12th. Stockholders of record on Thursday, February 15th will be given a dividend of $0.40 per share. The ex-dividend date of this dividend is Wednesday, February 14th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 2.30%. Walgreens Boots Alliance’s dividend payout ratio (DPR) is 44.20%.
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).
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