Walgreens Boots Alliance Inc (WBA) Shares Sold by HRS Investment Holdings LLC

HRS Investment Holdings LLC lowered its holdings in Walgreens Boots Alliance Inc (NASDAQ:WBA) by 52.9% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 20,000 shares of the pharmacy operator’s stock after selling 22,500 shares during the quarter. HRS Investment Holdings LLC’s holdings in Walgreens Boots Alliance were worth $1,367,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Oregon Public Employees Retirement Fund lifted its stake in shares of Walgreens Boots Alliance by 12,422.1% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 34,807,507 shares of the pharmacy operator’s stock valued at $509,000 after purchasing an additional 34,529,539 shares during the period. Bank of New York Mellon Corp lifted its stake in shares of Walgreens Boots Alliance by 71,970.7% in the 3rd quarter. Bank of New York Mellon Corp now owns 11,640,855 shares of the pharmacy operator’s stock valued at $848,617,000 after purchasing an additional 11,624,703 shares during the period. Boston Partners lifted its stake in shares of Walgreens Boots Alliance by 3,449.3% in the 4th quarter. Boston Partners now owns 3,973,944 shares of the pharmacy operator’s stock valued at $271,540,000 after purchasing an additional 3,861,981 shares during the period. Franklin Resources Inc. lifted its stake in shares of Walgreens Boots Alliance by 21.5% in the 3rd quarter. Franklin Resources Inc. now owns 18,789,390 shares of the pharmacy operator’s stock valued at $1,369,796,000 after purchasing an additional 3,318,524 shares during the period. Finally, Capital World Investors lifted its stake in shares of Walgreens Boots Alliance by 18.2% in the 3rd quarter. Capital World Investors now owns 18,089,012 shares of the pharmacy operator’s stock valued at $1,318,689,000 after purchasing an additional 2,790,213 shares during the period. Institutional investors and hedge funds own 62.52% of the company’s stock.

WBA has been the subject of a number of research analyst reports. Zacks Investment Research cut Walgreens Boots Alliance from a “buy” rating to a “hold” rating in a research note on Monday, November 26th. Morgan Stanley raised their target price on Walgreens Boots Alliance from $55.00 to $77.00 and gave the company an “equal weight” rating in a research note on Monday, December 3rd. Goldman Sachs Group cut Walgreens Boots Alliance from a “neutral” rating to a “sell” rating in a research note on Friday, December 14th. BidaskClub cut Walgreens Boots Alliance from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, December 18th. Finally, Wolfe Research restated a “peer perform” rating on shares of Walgreens Boots Alliance in a research note on Wednesday, December 19th. Six research analysts have rated the stock with a sell rating, ten have given a hold rating and five have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $77.94.

WBA stock opened at $62.63 on Friday. Walgreens Boots Alliance Inc has a twelve month low of $59.07 and a twelve month high of $86.31. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.80 and a quick ratio of 0.36. The company has a market cap of $59.09 billion, a P/E ratio of 10.40, a P/E/G ratio of 1.00 and a beta of 0.88.

Walgreens Boots Alliance (NASDAQ:WBA) last posted its quarterly earnings data on Thursday, December 20th. The pharmacy operator reported $1.46 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.43 by $0.03. Walgreens Boots Alliance had a return on equity of 22.17% and a net margin of 3.96%. The company had revenue of $33.79 billion during the quarter, compared to analyst estimates of $33.90 billion. During the same quarter last year, the company earned $1.28 EPS. The firm’s revenue for the quarter was up 9.9% on a year-over-year basis. Equities research analysts forecast that Walgreens Boots Alliance Inc will post 6.41 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 12th. Investors of record on Friday, February 15th were given a dividend of $0.44 per share. This represents a $1.76 dividend on an annualized basis and a yield of 2.81%. The ex-dividend date of this dividend was Thursday, February 14th. Walgreens Boots Alliance’s dividend payout ratio (DPR) is presently 29.24%.

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Walgreens Boots Alliance Profile

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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