Walgreens Boots Alliance Inc (NASDAQ:WBA) Shares Sold by Hyman Charles D

Hyman Charles D trimmed its position in shares of Walgreens Boots Alliance Inc (NASDAQ:WBA) by 3.6% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 79,190 shares of the pharmacy operator’s stock after selling 2,990 shares during the period. Hyman Charles D’s holdings in Walgreens Boots Alliance were worth $4,329,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. The Manufacturers Life Insurance Company grew its holdings in Walgreens Boots Alliance by 263.4% during the 1st quarter. The Manufacturers Life Insurance Company now owns 3,306,439 shares of the pharmacy operator’s stock worth $209,198,000 after acquiring an additional 2,396,640 shares in the last quarter. Janus Henderson Group PLC grew its holdings in Walgreens Boots Alliance by 427.3% during the 1st quarter. Janus Henderson Group PLC now owns 1,732,966 shares of the pharmacy operator’s stock worth $109,642,000 after acquiring an additional 1,404,322 shares in the last quarter. Caisse DE Depot ET Placement DU Quebec grew its holdings in Walgreens Boots Alliance by 11.4% during the 1st quarter. Caisse DE Depot ET Placement DU Quebec now owns 10,667,865 shares of the pharmacy operator’s stock worth $674,956,000 after acquiring an additional 1,093,610 shares in the last quarter. Geode Capital Management LLC grew its holdings in Walgreens Boots Alliance by 7.8% during the 4th quarter. Geode Capital Management LLC now owns 11,529,136 shares of the pharmacy operator’s stock worth $786,522,000 after acquiring an additional 834,241 shares in the last quarter. Finally, First Trust Advisors LP grew its holdings in Walgreens Boots Alliance by 76.5% during the 1st quarter. First Trust Advisors LP now owns 1,460,684 shares of the pharmacy operator’s stock worth $92,417,000 after acquiring an additional 632,919 shares in the last quarter. 62.19% of the stock is owned by institutional investors and hedge funds.

In other Walgreens Boots Alliance news, CAO Marco Patrick Anthony Pagni sold 20,000 shares of the business’s stock in a transaction dated 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 in the company, valued at approximately $23,119,773.55. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 15.73% of the company’s stock.

A number of research analysts have recently issued reports on WBA shares. Guggenheim started coverage on shares of Walgreens Boots Alliance in a research report on Thursday, April 18th. They issued a “neutral” rating and a $59.00 price target on the stock. Zacks Investment Research downgraded shares of Walgreens Boots Alliance from a “hold” rating to a “sell” rating and set a $53.00 price target on the stock. in a research report on Monday, June 10th. BidaskClub downgraded shares of Walgreens Boots Alliance from a “sell” rating to a “strong sell” rating in a research report on Monday, June 24th. Morgan Stanley set a $61.00 price target on shares of Walgreens Boots Alliance and gave the stock a “hold” rating in a research report on Tuesday, May 14th. Finally, JPMorgan Chase & Co. reduced their price target on shares of Walgreens Boots Alliance from $74.00 to $73.00 and set an “overweight” rating on the stock in a research report on Friday, June 28th. Six investment analysts have rated the stock with a sell rating, ten have given a hold rating and four have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of $63.82.

NASDAQ:WBA traded down $0.39 during mid-day trading on Friday, hitting $53.68. The stock had a trading volume of 4,519,894 shares, compared to its average volume of 4,236,000. The stock has a market capitalization of $48.83 billion, a PE ratio of 8.94, a price-to-earnings-growth ratio of 1.35 and a beta of 0.81. The stock’s 50 day moving average is $54.37. Walgreens Boots Alliance Inc has a 52 week low of $49.31 and a 52 week high of $86.31. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.76 and a quick ratio of 0.37.

Walgreens Boots Alliance (NASDAQ:WBA) last issued its quarterly earnings data on Thursday, June 27th. The pharmacy operator reported $1.47 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.42 by $0.05. The firm had revenue of $34.59 billion for the quarter, compared to the consensus estimate of $34.52 billion. Walgreens Boots Alliance had a net margin of 3.53% and a return on equity of 22.08%. Walgreens Boots Alliance’s quarterly revenue was up .7% compared to the same quarter last year. During the same period last year, the firm posted $1.53 EPS. Equities research analysts anticipate that Walgreens Boots Alliance Inc will post 5.99 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 12th. Investors of record on Tuesday, August 20th will be given a $0.458 dividend. The ex-dividend date of this dividend is Monday, August 19th. This is an increase from Walgreens Boots Alliance’s previous quarterly dividend of $0.44. This represents a $1.83 annualized dividend and a yield of 3.41%. Walgreens Boots Alliance’s dividend payout ratio (DPR) is currently 29.24%.

About Walgreens Boots Alliance

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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