TIAA CREF Investment Management LLC decreased its holdings in shares of Walgreens Boots Alliance Inc (NASDAQ:WBA) by 12.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,057,380 shares of the pharmacy operator’s stock after selling 592,744 shares during the quarter. TIAA CREF Investment Management LLC owned about 0.41% of Walgreens Boots Alliance worth $294,647,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds have also modified their holdings of the business. Stevens Capital Management LP increased its holdings in shares of Walgreens Boots Alliance by 24.5% in the second quarter. Stevens Capital Management LP now owns 93,365 shares of the pharmacy operator’s stock worth $7,311,000 after purchasing an additional 18,378 shares during the period. Choate Investment Advisors increased its holdings in shares of Walgreens Boots Alliance by 0.7% in the second quarter. Choate Investment Advisors now owns 33,372 shares of the pharmacy operator’s stock worth $2,613,000 after purchasing an additional 243 shares during the period. Profund Advisors LLC increased its holdings in shares of Walgreens Boots Alliance by 6.7% in the second quarter. Profund Advisors LLC now owns 85,351 shares of the pharmacy operator’s stock worth $6,684,000 after purchasing an additional 5,389 shares during the period. ProShare Advisors LLC increased its holdings in shares of Walgreens Boots Alliance by 6.7% in the second quarter. ProShare Advisors LLC now owns 1,085,320 shares of the pharmacy operator’s stock worth $84,991,000 after purchasing an additional 68,583 shares during the period. Finally, Howard Hughes Medical Institute grew its position in Walgreens Boots Alliance by 20.6% in the second quarter. Howard Hughes Medical Institute now owns 43,854 shares of the pharmacy operator’s stock worth $3,434,000 after acquiring an additional 7,495 shares in the last quarter. 61.00% of the stock is currently owned by institutional investors and hedge funds.
In other news, insider Stefano Pessina bought 98,858 shares of the company’s stock in a transaction dated Monday, January 15th. The stock was bought at an average cost of $76.07 per share, for a total transaction of $7,520,128.06. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 14.80% of the company’s stock.
Shares of Walgreens Boots Alliance Inc (NASDAQ:WBA) opened at $69.86 on Wednesday. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.47 and a current ratio of 0.96. The stock has a market cap of $69,495.43, a PE ratio of 19.30, a price-to-earnings-growth ratio of 1.16 and a beta of 1.21. Walgreens Boots Alliance Inc has a 1 year low of $63.82 and a 1 year high of $87.79.
Walgreens Boots Alliance (NASDAQ:WBA) last posted its earnings results on Thursday, January 4th. The pharmacy operator reported $1.28 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.27 by $0.01. The company had revenue of $30.74 billion during the quarter, compared to analyst estimates of $30.39 billion. Walgreens Boots Alliance had a net margin of 3.19% and a return on equity of 19.15%. Walgreens Boots Alliance’s revenue for the quarter was up 7.9% on a year-over-year basis. During the same period in the prior year, the business posted $1.10 earnings per share. equities research analysts anticipate that Walgreens Boots Alliance Inc will post 5.79 EPS for the current year.
The company also recently announced a quarterly dividend, which was paid on Monday, March 12th. Stockholders of record on Thursday, February 15th were issued a dividend of $0.40 per share. The ex-dividend date of this dividend was Wednesday, February 14th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 2.29%. Walgreens Boots Alliance’s dividend payout ratio is currently 44.20%.
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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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