Condor Capital Administration lower its stake in Walgreens Boots Alliance Inc (NASDAQ:WBA) by 1.four% within the third quarter, based on the corporate in its most up-to-date Type 13F submitting with the Securities and Alternate Fee. The fund owned 87,714 shares of the pharmacy operator’s inventory after promoting 1,211 shares in the course of the interval. Condor Capital Administration’s holdings in Walgreens Boots Alliance have been price $four,851,000 as of its most up-to-date submitting with the Securities and Alternate Fee.
Different hedge funds and different institutional buyers additionally just lately made adjustments to their positions within the firm. Nuveen Asset Administration LLC raised its stake in shares of Walgreens Boots Alliance by 216.5% in the course of the second quarter. Nuveen Asset Administration LLC now owns 2,281,316 shares of the pharmacy operator’s inventory price $124,720,000 after shopping for a further 1,560,622 shares over the past quarter. Morgan Stanley raised its place in shares of Walgreens Boots Alliance by 36.2% in the course of the 2nd quarter. Morgan Stanley now owns four,913,030 shares of the pharmacy operator’s inventory valued at $268,595,000 after buying a further 1,304,949 shares over the past quarter. Caisse DE Depot ET Placement DU Quebec lifted its stake in shares of Walgreens Boots Alliance by 11.zero% within the 2nd quarter. Caisse DE Depot ET Placement DU Quebec now owns 11,837,465 shares of the pharmacy operator’s inventory valued at $647,154,000 after buying a further 1,169,600 shares in the course of the interval. Assenagon Asset Administration S.A. boosted its place in shares of Walgreens Boots Alliance by 1,518.three% within the third quarter. Assenagon Asset Administration S.A. now owns 611,724 shares of the pharmacy operator’s inventory price $33,834,000 after buying a further 573,924 shares over the past quarter. Lastly, Parametric Portfolio Associates LLC boosted its place in shares of Walgreens Boots Alliance by 23.four% within the 2nd quarter. Parametric Portfolio Associates LLC now owns 2,893,195 shares of the pharmacy operator’s inventory price $158,171,000 after buying a further 549,575 shares over the past quarter. 60.10% of the inventory is owned by institutional buyers.
WBA has been the topic of a lot of latest analyst experiences. Royal Financial institution of Canada downgraded Walgreens Boots Alliance to a “maintain” ranking and set a $59.00 worth goal for the corporate. in a report on Friday, September 27th. Cleveland Analysis reiterated a “maintain” ranking on shares of Walgreens Boots Alliance in a analysis report on Monday, September ninth. JPMorgan Chase & Co. lowered shares of Walgreens Boots Alliance from an “obese” ranking to a “impartial” ranking and diminished their worth goal for the inventory from $73.00 to $63.00 in a analysis word on Wednesday, October 23rd. Deutsche Financial institution initiated protection on shares of Walgreens Boots Alliance in a report on Thursday, September 12th. They issued a “promote” ranking for the corporate. Lastly, Pivotal Analysis lowered their worth goal on shares of Walgreens Boots Alliance from $60.00 to $55.00 and set a “maintain” ranking for the corporate in a analysis report on Wednesday, October 30th. 5 analysts have rated the inventory with a promote ranking, fifteen have issued a maintain ranking and two have assigned a purchase ranking to the corporate. Walgreens Boots Alliance at present has a median ranking of “Maintain” and a median worth goal of $61.35.
In associated information, CAO Marco Patrick Anthony Pagni offered 234,355 shares of the agency’s inventory in a transaction on Tuesday, November fifth. The shares have been offered at a median worth of $63.16, for a complete worth of $14,801,861.80. Following the completion of the transaction, the chief accounting officer now owns 13,844 shares of the corporate’s inventory, valued at $874,387.04. The transaction was disclosed in a authorized submitting with the SEC, which will be accessed via the SEC website. 15.73% of the inventory is at present owned by firm insiders.
Shares of WBA traded up $zero.19 throughout noon buying and selling on Thursday, hitting $59.10. The inventory had a buying and selling quantity of three,783,141 shares, in comparison with its common quantity of 5,852,935. The corporate has a debt-to-equity ratio of zero.46, a present ratio of zero.73 and a fast ratio of zero.36. The agency has a market cap of $52.75 billion, a price-to-earnings ratio of 9.87, a price-to-earnings-growth ratio of 1.49 and a beta of zero.88. Walgreens Boots Alliance Inc has a twelve month low of $49.03 and a twelve month excessive of $83.57. The corporate has a 50 day easy transferring common of $58.58 and a two-hundred day easy transferring common of $54.47.
Walgreens Boots Alliance (NASDAQ:WBA) final launched its earnings outcomes on Monday, October 28th. The pharmacy operator reported $1.43 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.41 by $zero.02. Walgreens Boots Alliance had a return on fairness of 21.99% and a internet margin of two.91%. The agency had income of $33.95 billion for the quarter, in comparison with analysts’ expectations of $33.88 billion. Throughout the identical quarter within the earlier yr, the enterprise posted $1.48 EPS. The enterprise’s quarterly income was up 1.5% in comparison with the identical quarter final yr. Analysts forecast that Walgreens Boots Alliance Inc will submit 5.93 EPS for the present fiscal yr.
The agency additionally just lately introduced a quarterly dividend, which will likely be paid on Thursday, December 12th. Traders of document on Monday, November 18th will likely be issued a dividend of $zero.458 per share. This represents a $1.83 annualized dividend and a yield of three.10%. The ex-dividend date of this dividend is Friday, November 15th. Walgreens Boots Alliance’s payout ratio is 30.55%.
About Walgreens Boots Alliance
Walgreens Boots Alliance, Inc operates as a pharmacy-led well being and wellbeing firm. It operates via three segments: Retail Pharmacy USA, Retail Pharmacy Worldwide, and Pharmaceutical Wholesale. The Retail Pharmacy USA phase sells pharmaceuticals and an assortment of retail merchandise, together with well being, magnificence, private care, consumable, and common merchandise merchandise via its retail drugstores and handy care clinics.
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