WINTON GROUP Ltd boosted its holdings in shares of Walgreens Boots Alliance Inc (NASDAQ:WBA) by 28.6% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 150,902 shares of the pharmacy operator’s stock after acquiring an additional 33,575 shares during the quarter. WINTON GROUP Ltd’s holdings in Walgreens Boots Alliance were worth $11,817,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also bought and sold shares of the company. Hudock Capital Group LLC lifted its holdings in shares of Walgreens Boots Alliance by 0.5% in the 2nd quarter. Hudock Capital Group LLC now owns 1,306 shares of the pharmacy operator’s stock worth $102,000 after buying an additional 6 shares during the period. Westside Investment Management Inc. lifted its holdings 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 buying an additional 125 shares during the period. IHT Wealth Management LLC lifted its holdings 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 buying an additional 2,199 shares during the period. Private Vista LLC lifted its holdings in shares of Walgreens Boots Alliance by 6,403.7% in the 2nd quarter. Private Vista LLC now owns 583,185 shares of the pharmacy operator’s stock worth $140,000 after buying an additional 574,218 shares during the period. Finally, Hanson McClain Inc. lifted its holdings in shares of Walgreens Boots Alliance by 4.6% in the 2nd quarter. Hanson McClain Inc. now owns 1,987 shares of the pharmacy operator’s stock worth $156,000 after buying an additional 87 shares during the period. Institutional investors own 60.41% of the company’s stock.
Walgreens Boots Alliance Inc (NASDAQ:WBA) opened at $71.45 on Monday. Walgreens Boots Alliance Inc has a 1 year low of $63.82 and a 1 year high of $88.00. The stock has a market capitalization of $70,760.94, a PE ratio of 14.01, a P/E/G ratio of 1.27 and a beta of 1.21. The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.59 and a current ratio of 1.07.
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 12th. Stockholders of record on Monday, November 13th will be issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 2.24%. The ex-dividend date of this dividend is Friday, November 10th. Walgreens Boots Alliance’s dividend payout ratio is presently 42.33%.
Walgreens Boots Alliance declared that its Board of Directors has authorized a share repurchase plan on Wednesday, October 25th that permits the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization permits the pharmacy operator to repurchase shares of its stock through open market purchases. Shares repurchase plans are usually a sign that the company’s board believes its shares are undervalued.
Several brokerages have weighed in on WBA. Loop Capital set a $90.00 target price on Walgreens Boots Alliance and gave the stock a “buy” rating in a report on Thursday, October 26th. Royal Bank Of Canada began coverage on Walgreens Boots Alliance in a report on Tuesday, September 19th. They issued an “outperform” rating and a $96.00 target price for the company. BidaskClub upgraded Walgreens Boots Alliance from a “sell” rating to a “hold” rating in a report on Wednesday, August 30th. Robert W. Baird reiterated an “outperform” rating and issued a $80.00 target price (down from $90.00) on shares of Walgreens Boots Alliance in a report on Thursday, October 19th. They noted that the move was a valuation call. Finally, Citigroup reduced their price target on Walgreens Boots Alliance from $95.00 to $81.00 and set a “buy” rating for the company in a research report on Thursday, November 2nd. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and fifteen have assigned a buy rating to the company. The company currently has an average rating of “Buy” and an average target price of $87.21.
In other news, Director John Anthony Lederer acquired 20,000 shares of the business’s stock in a transaction dated Thursday, October 26th. The shares were acquired at an average cost of $67.00 per share, with a total value of $1,340,000.00. Following the completion of the acquisition, the director now owns 50,000 shares of the company’s stock, valued at $3,350,000. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director William C. Foote sold 2,736 shares of the stock in a transaction dated Thursday, November 2nd. The shares were sold at an average price of $67.37, for a total value of $184,324.32. Following the completion of the transaction, the director now directly owns 16,415 shares in the company, valued at $1,105,878.55. The disclosure for this sale can be found here. 13.50% of the stock is currently owned by corporate insiders.
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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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