Van ECK Friends Corp boosted its holdings in Walgreens Boots Alliance, Inc. (NASDAQ:WBA – Unfastened File) via 28.2% all through the 3rd quarter, HoldingsChannel.com stories. The fund owned 129,191 stocks of the drugstore operator’s inventory after obtaining an extra 28,400 stocks all through the length. Van ECK Friends Corp’s holdings in Walgreens Boots Alliance had been price $2,873,000 as of its most up-to-date submitting with the Securities & Alternate Fee.

Different massive traders have additionally not too long ago purchased and bought stocks of the corporate. BlackRock Inc. raised its holdings in stocks of Walgreens Boots Alliance via 5.6% all through the second one quarter. BlackRock Inc. now owns 66,949,919 stocks of the drugstore operator’s inventory valued at $1,907,403,000 after purchasing an extra 3,543,790 stocks all through the final quarter. Capital Global Buyers raised its holdings in stocks of Walgreens Boots Alliance via 0.3% all through the second one quarter. Capital Global Buyers now owns 19,628,988 stocks of the drugstore operator’s inventory valued at $559,230,000 after purchasing an extra 59,941 stocks all through the final quarter. Geode Capital Control LLC raised its holdings in stocks of Walgreens Boots Alliance via 17.7% all through the second one quarter. Geode Capital Control LLC now owns 15,807,842 stocks of the drugstore operator’s inventory valued at $449,218,000 after purchasing an extra 2,373,357 stocks all through the final quarter. Morgan Stanley raised its holdings in stocks of Walgreens Boots Alliance via 10.7% all through the fourth quarter. Morgan Stanley now owns 11,974,220 stocks of the drugstore operator’s inventory valued at $447,357,000 after purchasing an extra 1,155,331 stocks all through the final quarter. In spite of everything, Moneta Crew Funding Advisors LLC raised its holdings in stocks of Walgreens Boots Alliance via 84,503.5% all through the fourth quarter. Moneta Crew Funding Advisors LLC now owns 8,325,830 stocks of the drugstore operator’s inventory valued at $311,053,000 after purchasing an extra 8,315,989 stocks all through the final quarter. Institutional traders personal 57.92% of the corporate’s inventory.

Walgreens Boots Alliance Buying and selling Down 4.8 %

Walgreens Boots Alliance inventory opened at $21.55 on Wednesday. The corporate has a debt-to-equity ratio of 0.27, a snappy ratio of 0.30 and a present ratio of 0.66. The company has a marketplace cap of $18.58 billion, a price-to-earnings ratio of 32.65, a price-to-earnings-growth ratio of one.40 and a beta of 0.74. Walgreens Boots Alliance, Inc. has a 1 yr low of $19.68 and a 1 yr top of $37.13. The company’s 50 day transferring moderate fee is $23.93 and its two-hundred day transferring moderate fee is $23.47.

Walgreens Boots Alliance (NASDAQ:WBA – Get Unfastened File) final posted its quarterly revenue effects on Thursday, January 4th. The drugstore operator reported $0.66 revenue consistent with percentage (EPS) for the quarter, topping the consensus estimate of $0.62 via $0.04. The company had earnings of $36.70 billion for the quarter, in comparison to analyst estimates of $34.95 billion. Walgreens Boots Alliance had a web margin of 0.40% and a go back on fairness of 10.48%. The company’s quarterly earnings was once up 9.9% in comparison to the similar quarter final yr. All over the similar quarter within the earlier yr, the industry posted $1.16 revenue consistent with percentage. On moderate, analysis analysts expect that Walgreens Boots Alliance, Inc. will submit 3.24 EPS for the present fiscal yr.

Walgreens Boots Alliance Cuts Dividend

The company additionally not too long ago declared a quarterly dividend, which can be paid on Tuesday, March twelfth. Shareholders of report on Tuesday, February twentieth can be given a $0.25 dividend. The ex-dividend date of this dividend is Friday, February sixteenth. This represents a $1.00 annualized dividend and a yield of four.64%. Walgreens Boots Alliance’s dividend payout ratio (DPR) is 290.91%.

Insiders Position Their Bets

In different information, Director Valerie B. Jarrett bought 4,456 stocks of the inventory in a transaction on Monday, January twenty ninth. The stocks had been bought at a median value of $22.44 consistent with percentage, for a complete transaction of $99,992.64. Following the transaction, the director now owns 4,456 stocks within the corporate, valued at roughly $99,992.64. The purchase was once disclosed in a submitting with the SEC, which is to be had thru the SEC site. In different information, CEO Timothy C. Wentworth bought 10,000 stocks of the inventory in a transaction on Friday, January fifth. The stocks had been bought at a median value of $24.22 consistent with percentage, for a complete transaction of $242,200.00. Following the transaction, the executive government officer now owns 585,122 stocks within the corporate, valued at roughly $14,171,654.84. The purchase was once disclosed in a submitting with the SEC, which is to be had thru the SEC site. Additionally, Director Valerie B. Jarrett bought 4,456 stocks of the inventory in a transaction on Monday, January twenty ninth. The stocks had been bought at a median fee of $22.44 consistent with percentage, for a complete transaction of $99,992.64. Following the of completion of the transaction, the director now owns 4,456 stocks within the corporate, valued at roughly $99,992.64. The disclosure for this acquire may also be discovered right here. 17.40% of the inventory is lately owned via corporate insiders.

Wall Boulevard Analyst Weigh In

Quite a lot of equities analysis analysts have not too long ago weighed in at the corporate. JPMorgan Chase & Co. raised Walgreens Boots Alliance from a “impartial” ranking to an “obese” ranking and lifted their fee goal for the corporate from $27.00 to $30.00 in a document on Monday, October twenty third. TheStreet raised Walgreens Boots Alliance from a “d+” ranking to a “c-” ranking in a document on Monday, January eighth. HSBC started protection on Walgreens Boots Alliance in a document on Friday, December twenty second. They set a “dangle” ranking and a $27.00 goal fee at the inventory. In spite of everything, Barclays started protection on Walgreens Boots Alliance in a document on Wednesday, January third. They set an “underweight” ranking and a $21.00 goal fee at the inventory. Two analysts have rated the inventory with a promote ranking, 9 have issued a dangle ranking and two have given a purchase ranking to the corporate. In keeping with information from MarketBeat.com, Walgreens Boots Alliance right now has a median ranking of “Dangle” and a consensus goal fee of $28.25.

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About Walgreens Boots Alliance

(Unfastened File)

Walgreens Boots Alliance, Inc operates as a healthcare, pharmacy, and retail corporate in america, the UK, Germany, and the world over. It operates thru 3 segments: U.S. Retail Pharmacy, World, and U.S. Healthcare. The U.S. Retail Pharmacy section engages in operation of the retail drugstores, well being and wellness products and services, distinctiveness, and residential supply pharmacy products and services, which gives well being and wellness, good looks, private care and consumables, and common products.

See Additionally

Wish to see what different hedge budget are preserving WBA? Consult with HoldingsChannel.com to get the most recent 13F filings and insider trades for Walgreens Boots Alliance, Inc. (NASDAQ:WBA – Unfastened File).

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