Walgreens Boots Alliance Inc (NASDAQ:WBA) Shares Sold by Whitnell & Co.

Whitnell & Co. lowered its holdings in Walgreens Boots Alliance Inc (NASDAQ:WBA) by 11.9% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 43,016 shares of the pharmacy operator’s stock after selling 5,796 shares during the period. Whitnell & Co.’s holdings in Walgreens Boots Alliance were worth $2,379,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Opus Capital Group LLC boosted its holdings in shares of Walgreens Boots Alliance by 46.9% in the third quarter. Opus Capital Group LLC now owns 8,853 shares of the pharmacy operator’s stock worth $490,000 after buying an additional 2,828 shares during the period. Jacobs & Co. CA boosted its holdings in shares of Walgreens Boots Alliance by 11.0% during the third quarter. Jacobs & Co. CA now owns 96,576 shares of the pharmacy operator’s stock worth $5,341,000 after purchasing an additional 9,537 shares during the period. Schaper Benz & Wise Investment Counsel Inc. WI boosted its holdings in shares of Walgreens Boots Alliance by 2.1% during the third quarter. Schaper Benz & Wise Investment Counsel Inc. WI now owns 261,577 shares of the pharmacy operator’s stock worth $14,468,000 after purchasing an additional 5,287 shares during the period. Thompson Investment Management Inc. boosted its holdings in shares of Walgreens Boots Alliance by 2.1% during the third quarter. Thompson Investment Management Inc. now owns 158,729 shares of the pharmacy operator’s stock worth $8,779,000 after purchasing an additional 3,305 shares during the period. Finally, First Trust Advisors LP boosted its holdings in shares of Walgreens Boots Alliance by 30.6% during the third quarter. First Trust Advisors LP now owns 1,732,993 shares of the pharmacy operator’s stock worth $95,852,000 after purchasing an additional 406,079 shares during the period. 60.60% of the stock is currently owned by institutional investors.

In other Walgreens Boots Alliance news, CAO Marco Patrick Anthony Pagni sold 234,355 shares of Walgreens Boots Alliance stock in a transaction on Tuesday, November 5th. The shares were sold at an average price of $63.16, for a total transaction of $14,801,861.80. Following the sale, the chief accounting officer now owns 13,844 shares in the company, valued at $874,387.04. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 15.73% of the stock is owned by insiders.

WBA traded up $0.57 during midday trading on Friday, hitting $59.24. 5,450,000 shares of the company’s stock traded hands, compared to its average volume of 5,855,335. Walgreens Boots Alliance Inc has a one year low of $49.03 and a one year high of $86.31. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.73 and a quick ratio of 0.36. The stock’s fifty day simple moving average is $55.10 and its 200-day simple moving average is $53.53. The company has a market cap of $54.63 billion, a PE ratio of 9.89, a price-to-earnings-growth ratio of 1.53 and a beta of 0.87.

Walgreens Boots Alliance (NASDAQ:WBA) last posted its quarterly earnings results on Monday, October 28th. The pharmacy operator reported $1.43 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.41 by $0.02. Walgreens Boots Alliance had a net margin of 2.91% and a return on equity of 21.99%. The firm had revenue of $33.95 billion for the quarter, compared to the consensus estimate of $33.88 billion. During the same quarter in the previous year, the company earned $1.48 earnings per share. The business’s revenue was up 1.5% compared to the same quarter last year. On average, research analysts expect that Walgreens Boots Alliance Inc will post 5.93 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 12th. Shareholders of record on Monday, November 18th will be paid a dividend of $0.458 per share. The ex-dividend date of this dividend is Friday, November 15th. This represents a $1.83 dividend on an annualized basis and a yield of 3.09%. Walgreens Boots Alliance’s dividend payout ratio is currently 30.55%.

Several analysts recently commented on the stock. Morgan Stanley decreased their price target on shares of Walgreens Boots Alliance from $61.00 to $58.00 and set an “equal weight” rating for the company in a report on Friday, August 23rd. ValuEngine raised shares of Walgreens Boots Alliance from a “sell” rating to a “hold” rating in a research report on Wednesday, October 30th. BidaskClub raised shares of Walgreens Boots Alliance from a “sell” rating to a “hold” rating in a research report on Wednesday. Pivotal Research cut their price objective on shares of Walgreens Boots Alliance from $60.00 to $55.00 and set a “hold” rating on the stock in a research report on Wednesday, October 30th. Finally, Bank of America cut their price objective on shares of Walgreens Boots Alliance from $51.00 to $50.00 and set an “underperform” rating on the stock in a research report on Thursday, October 3rd. Five investment analysts have rated the stock with a sell rating, fifteen have issued a hold rating and two have assigned a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of $61.35.

About Walgreens Boots Alliance

Walgreens Boots Alliance, Inc operates as a pharmacy-led health and wellbeing company. It operates through three segments: Retail Pharmacy USA, Retail Pharmacy International, and Pharmaceutical Wholesale. The Retail Pharmacy USA segment sells prescription drugs and an assortment of retail products, including health, beauty, personal care, consumable, and general merchandise products through its retail drugstores and convenient care clinics.

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

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