Green Square Capital LLC reduced its holdings in Walgreens Boots Alliance Inc (NASDAQ:WBA) by 30.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 11,225 shares of the pharmacy operator’s stock after selling 4,949 shares during the period. Green Square Capital LLC’s holdings in Walgreens Boots Alliance were worth $815,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also modified their holdings of the company. Westside Investment Management Inc. increased its position in 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 buying an additional 125 shares during the period. Zions Bancorporation increased its position in 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 buying an additional 1,239 shares during the period. Bristlecone Advisors LLC bought a new position in Walgreens Boots Alliance in the 3rd quarter worth approximately $135,000. Financial Advocates Investment Management bought a new position in Walgreens Boots Alliance in the 4th quarter worth approximately $125,000. Finally, Fieldpoint Private Securities LLC increased its position in Walgreens Boots Alliance by 428.6% in the 4th quarter. Fieldpoint Private Securities LLC now owns 1,850 shares of the pharmacy operator’s stock worth $134,000 after buying an additional 1,500 shares during the period. 60.93% of the stock is currently owned by institutional investors.
WBA has been the topic of several recent research reports. Bank of America initiated coverage on Walgreens Boots Alliance in a report on Tuesday, February 27th. They set a “neutral” rating and a $76.00 price objective on the stock. Pivotal Research set a $69.00 price objective on Walgreens Boots Alliance and gave the stock a “hold” rating in a report on Friday. Deutsche Bank assumed coverage on Walgreens Boots Alliance in a research note on Monday, December 4th. They issued a “hold” rating and a $78.00 price target on the stock. Zacks Investment Research raised Walgreens Boots Alliance from a “hold” rating to a “buy” rating and set a $76.00 price target on the stock in a research note on Wednesday, February 14th. Finally, BidaskClub lowered Walgreens Boots Alliance from a “sell” rating to a “strong sell” rating in a research note on Thursday. One equities research analyst has rated the stock with a sell rating, ten have assigned a hold rating, twelve have given a buy rating and one has given a strong buy rating to the company. Walgreens Boots Alliance presently has an average rating of “Buy” and a consensus price target of $84.45.
WBA stock opened at $65.43 on Friday. The company has a debt-to-equity ratio of 0.48, a current ratio of 0.96 and a quick ratio of 0.47. The company has a market capitalization of $65,651.63, a price-to-earnings ratio of 18.07, a price-to-earnings-growth ratio of 1.09 and a beta of 1.21. Walgreens Boots Alliance Inc has a one year low of $63.82 and a one year high of $87.79.
Walgreens Boots Alliance (NASDAQ:WBA) last posted 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 company had revenue of $30.74 billion for the quarter, compared to analyst estimates of $30.39 billion. Walgreens Boots Alliance had a return on equity of 19.15% and a net margin of 3.19%. The business’s revenue was up 7.9% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.10 earnings per share. sell-side analysts expect that Walgreens Boots Alliance Inc will post 5.79 EPS for the current year.
The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 12th. Shareholders of record on Thursday, February 15th were paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 2.45%. The ex-dividend date of this dividend was Wednesday, February 14th. Walgreens Boots Alliance’s dividend payout ratio is currently 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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