Walgreens Boots Alliance Inc (WBA) Shares Bought by Great West Life Assurance Co. Can

Great West Life Assurance Co. Can increased its position in shares of Walgreens Boots Alliance Inc (NASDAQ:WBA) by 0.9% during the first quarter, Holdings Channel reports. The firm owned 906,615 shares of the pharmacy operator’s stock after buying an additional 7,780 shares during the period. Great West Life Assurance Co. Can’s holdings in Walgreens Boots Alliance were worth $75,257,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in WBA. Hudock Capital Group LLC increased its position in shares of Walgreens Boots Alliance by 0.4% in the first quarter. Hudock Capital Group LLC now owns 1,300 shares of the pharmacy operator’s stock worth $108,000 after buying an additional 5 shares during the period. Glassman Wealth Services increased its position in Walgreens Boots Alliance by 0.6% in the fourth quarter. Glassman Wealth Services now owns 2,898 shares of the pharmacy operator’s stock valued at $240,000 after buying an additional 18 shares during the period. WealthTrust Arizona LLC increased its position in Walgreens Boots Alliance by 0.4% in the first quarter. WealthTrust Arizona LLC now owns 5,243 shares of the pharmacy operator’s stock valued at $435,000 after buying an additional 19 shares during the period. Sheets Smith Wealth Management increased its position in Walgreens Boots Alliance by 0.4% in the third quarter. Sheets Smith Wealth Management now owns 6,815 shares of the pharmacy operator’s stock valued at $549,000 after buying an additional 25 shares during the period. Finally, Truepoint Inc. increased its position in Walgreens Boots Alliance by 0.4% in the first quarter. Truepoint Inc. now owns 8,575 shares of the pharmacy operator’s stock valued at $712,000 after buying an additional 38 shares during the period. 59.98% of the stock is currently owned by hedge funds and other institutional investors.

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

Shares of Walgreens Boots Alliance Inc (NASDAQ:WBA) opened at 80.99 on Friday. Walgreens Boots Alliance Inc has a 12-month low of $76.26 and a 12-month high of $89.69. The stock has a market capitalization of $87.55 billion, a P/E ratio of 20.82 and a beta of 1.20. The company has a 50-day moving average of $83.55 and a 200-day moving average of $83.90.

Walgreens Boots Alliance (NASDAQ:WBA) last released its quarterly earnings data on Wednesday, April 5th. The pharmacy operator reported $1.36 EPS for the quarter, hitting analysts’ consensus estimates of $1.36. Walgreens Boots Alliance had a return on equity of 16.76% and a net margin of 3.52%. The firm had revenue of $29.45 billion for the quarter, compared to the consensus estimate of $30.17 billion. During the same quarter in the prior year, the company posted $1.31 earnings per share. The firm’s revenue was down 2.4% on a year-over-year basis. Equities analysts expect that Walgreens Boots Alliance Inc will post $4.97 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 12th. Stockholders of record on Thursday, May 18th will be paid a $0.375 dividend. The ex-dividend date is Tuesday, May 16th. This represents a $1.50 annualized dividend and a dividend yield of 1.85%. Walgreens Boots Alliance’s payout ratio is 39.68%.

TRADEMARK VIOLATION WARNING: This piece was published by Mideast Time and is the sole property of of Mideast Time. If you are reading this piece on another publication, it was illegally copied and republished in violation of United States and international trademark & copyright laws. The legal version of this piece can be accessed at https://www.mideasttime.com/walgreens-boots-alliance-inc-wba-shares-bought-by-great-west-life-assurance-co-can/1770188.html.

Several brokerages recently issued reports on WBA. Zacks Investment Research raised shares of Walgreens Boots Alliance from a “sell” rating to a “hold” rating in a research note on Thursday, March 23rd. Deutsche Bank AG reissued a “buy” rating and issued a $92.00 price target on shares of Walgreens Boots Alliance in a research note on Wednesday, March 22nd. Robert W. Baird reissued an “outperform” rating and issued a $96.00 price target on shares of Walgreens Boots Alliance in a research note on Monday, March 27th. Jefferies Group LLC reaffirmed a “buy” rating and set a $95.00 price objective on shares of Walgreens Boots Alliance in a research report on Thursday, April 6th. Finally, Pivotal Research initiated coverage on shares of Walgreens Boots Alliance in a research report on Tuesday, April 4th. They set a “hold” rating and a $85.00 price objective for the company. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and eleven have assigned a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus target price of $90.62.

In other news, Director William C. Foote sold 2,736 shares of the firm’s stock in a transaction on Wednesday, May 3rd. The shares were sold at an average price of $85.89, for a total value of $234,995.04. Following the sale, the director now owns 21,887 shares in the company, valued at $1,879,874.43. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Company insiders own 13.50% of the company’s stock.

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‚Äôs 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).new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “NASDAQ:WBA”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

Want to see what other hedge funds are holding WBA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Walgreens Boots Alliance Inc (NASDAQ:WBA).

Receive News & Ratings for Walgreens Boots Alliance Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Walgreens Boots Alliance Inc and related companies with MarketBeat.com's FREE daily email newsletter.



Leave a Reply

 
© 2006-2017 Mideast Time.