Teachers Advisors LLC lessened its holdings in Walgreens Boots Alliance Inc (NASDAQ:WBA) by 12.7% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 1,983,032 shares of the pharmacy operator’s stock after selling 288,314 shares during the period. Teachers Advisors LLC’s holdings in Walgreens Boots Alliance were worth $144,008,000 at the end of the most recent reporting period.
Several other large investors have also modified their holdings of WBA. Westside Investment Management Inc. lifted its stake in shares of Walgreens Boots Alliance by 10.4% in the 2nd quarter. Westside Investment Management Inc. now owns 1,325 shares of the pharmacy operator’s stock worth $102,000 after purchasing an additional 125 shares during the period. Zions Bancorporation lifted its stake in shares of Walgreens Boots Alliance by 983.3% in the 3rd quarter. Zions Bancorporation now owns 1,365 shares of the pharmacy operator’s stock worth $105,000 after purchasing an additional 1,239 shares during the period. IHT Wealth Management LLC lifted its stake in shares of 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 purchasing an additional 2,199 shares during the period. Bristlecone Advisors LLC bought a new position in shares of Walgreens Boots Alliance in the 3rd quarter worth approximately $135,000. Finally, Trustcore Financial Services LLC bought a new position in shares of Walgreens Boots Alliance in the 4th quarter worth approximately $155,000. Hedge funds and other institutional investors own 61.00% of the company’s stock.
Shares of Walgreens Boots Alliance Inc (NASDAQ WBA) opened at $70.15 on Tuesday. The company has a current ratio of 0.96, a quick ratio of 0.47 and a debt-to-equity ratio of 0.48. Walgreens Boots Alliance Inc has a fifty-two week low of $63.82 and a fifty-two week high of $87.79. The stock has a market cap of $69,941.23, a P/E ratio of 13.37, a price-to-earnings-growth ratio of 1.16 and a beta of 1.21.
The business also recently disclosed a quarterly dividend, which was paid on Monday, March 12th. Shareholders of record on Thursday, February 15th were issued a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 2.28%. The ex-dividend date was Wednesday, February 14th. Walgreens Boots Alliance’s dividend payout ratio (DPR) is currently 44.20%.
In related news, insider Stefano Pessina acquired 98,858 shares of the business’s stock in a transaction on Monday, January 15th. The stock was acquired at an average cost of $76.07 per share, with a total value 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.
WBA has been the topic of several recent research reports. Vetr cut shares of Walgreens Boots Alliance from a “strong-buy” rating to a “buy” rating in a research note on Friday, December 1st. Needham & Company LLC reduced their target price on shares of Walgreens Boots Alliance to $86.00 and set a “buy” rating for the company in a report on Wednesday, November 22nd. ValuEngine raised shares of Walgreens Boots Alliance from a “hold” rating to a “buy” rating in a report on Thursday, January 4th. Robert W. Baird reissued a “buy” rating and issued a $82.00 target price on shares of Walgreens Boots Alliance in a report on Thursday, January 4th. Finally, Loop Capital set a $90.00 target price on shares of Walgreens Boots Alliance and gave the stock a “buy” rating in a report on Wednesday, January 3rd. One investment analyst has rated the stock with a sell rating, eleven have given a hold rating, eleven have given a buy rating and one has given a strong buy rating to the company. The company currently has an average rating of “Buy” and an average price target of $84.75.
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Walgreens Boots Alliance Company 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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