Compass Capital Management Inc. grew its stake in Walgreens Boots Alliance Inc (NASDAQ:WBA) by 9.5% during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 442,198 shares of the pharmacy operator’s stock after purchasing an additional 38,210 shares during the quarter. Walgreens Boots Alliance makes up approximately 3.5% of Compass Capital Management Inc.’s holdings, making the stock its 22nd biggest holding. Compass Capital Management Inc.’s holdings in Walgreens Boots Alliance were worth $27,978,000 at the end of the most recent reporting period.
Several other institutional investors also recently modified their holdings of the company. Horan Capital Advisors LLC. bought a new stake in shares of Walgreens Boots Alliance during the 1st quarter valued at about $25,000. Massey Quick Simon & CO. LLC bought a new position in Walgreens Boots Alliance in the 4th quarter worth about $27,000. Murphy Pohlad Asset Management LLC bought a new position in Walgreens Boots Alliance in the 4th quarter worth about $29,000. PRW Wealth Management LLC bought a new position in Walgreens Boots Alliance in the 4th quarter worth about $34,000. Finally, Nalls Sherbakoff Group LLC bought a new position in Walgreens Boots Alliance in the 4th quarter worth about $42,000. Institutional investors and hedge funds own 64.77% of the company’s stock.
In other Walgreens Boots Alliance news, COO Ornella Barra bought 18,000 shares of the business’s stock in a transaction that occurred on Wednesday, April 3rd. The stock was acquired at an average cost of $54.56 per share, with a total value of $982,080.00. Following the completion of the purchase, the chief operating officer now directly owns 26,425 shares in the company, valued at $1,441,748. The purchase was disclosed in a filing with the SEC, which is accessible through this link. Also, CAO Marco Patrick Anthony Pagni sold 20,000 shares of the stock in a transaction that occurred on Thursday, May 9th. The shares were sold at an average price of $53.05, for a total transaction of $1,061,000.00. Following the sale, the chief accounting officer now directly owns 435,811 shares of the company’s stock, valued at $23,119,773.55. The disclosure for this sale can be found here. Company insiders own 15.73% of the company’s stock.
Walgreens Boots Alliance stock opened at $52.50 on Friday. The company has a quick ratio of 0.38, a current ratio of 0.78 and a debt-to-equity ratio of 0.50. The company has a market capitalization of $47.65 billion, a PE ratio of 8.72, a P/E/G ratio of 1.06 and a beta of 0.77. Walgreens Boots Alliance Inc has a 12-month low of $51.79 and a 12-month high of $86.31.
Walgreens Boots Alliance (NASDAQ:WBA) last posted its quarterly earnings data on Tuesday, April 2nd. The pharmacy operator reported $1.64 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.70 by ($0.06). The company had revenue of $34.53 billion during the quarter, compared to the consensus estimate of $34.57 billion. Walgreens Boots Alliance had a net margin of 3.77% and a return on equity of 22.00%. The company’s revenue was up 4.6% on a year-over-year basis. During the same quarter last year, the business earned $1.73 earnings per share. As a group, sell-side analysts anticipate that Walgreens Boots Alliance Inc will post 5.99 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 12th. Stockholders of record on Monday, May 20th will be issued a $0.44 dividend. This represents a $1.76 annualized dividend and a dividend yield of 3.35%. The ex-dividend date of this dividend is Friday, May 17th. 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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