Walgreens Boots Alliance Inc (WBA) Position Increased by Two Sigma Investments LP

Two Sigma Investments LP boosted its position in Walgreens Boots Alliance Inc (NASDAQ:WBA) by 5.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 36,557 shares of the pharmacy operator’s stock after buying an additional 1,997 shares during the period. Two Sigma Investments LP’s holdings in Walgreens Boots Alliance were worth $3,025,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Hudock Capital Group LLC raised its stake in Walgreens Boots Alliance by 0.4% in the third quarter. Hudock Capital Group LLC now owns 1,641 shares of the pharmacy operator’s stock valued at $132,000 after buying an additional 7 shares in the last quarter. Zacks Investment Management raised its stake in Walgreens Boots Alliance by 0.3% in the third quarter. Zacks Investment Management now owns 3,979 shares of the pharmacy operator’s stock valued at $321,000 after buying an additional 11 shares in the last quarter. Alpha Windward LLC raised its stake in Walgreens Boots Alliance by 0.6% in the third quarter. Alpha Windward LLC now owns 3,227 shares of the pharmacy operator’s stock valued at $260,000 after buying an additional 18 shares in the last quarter. Glassman Wealth Services raised its stake 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 in the last quarter. Finally, Thomaspartners Inc. raised its stake in Walgreens Boots Alliance by 0.5% in the third quarter. Thomaspartners Inc. now owns 4,357 shares of the pharmacy operator’s stock valued at $351,000 after buying an additional 20 shares in the last quarter. Hedge funds and other institutional investors own 59.98% of the company’s stock.

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

Shares of Walgreens Boots Alliance Inc (NASDAQ:WBA) opened at 84.63 on Tuesday. The company has a market cap of $91.35 billion, a price-to-earnings ratio of 22.39 and a beta of 1.20. Walgreens Boots Alliance Inc has a 52 week low of $75.74 and a 52 week high of $88.00. The firm’s 50-day moving average is $84.46 and its 200-day moving average is $82.97.

Walgreens Boots Alliance (NASDAQ:WBA) last released its quarterly earnings data on Thursday, January 5th. The pharmacy operator reported $1.10 earnings per share for the quarter, beating analysts’ consensus estimates of $1.09 by $0.01. The firm earned $28.50 billion during the quarter. Walgreens Boots Alliance had a return on equity of 16.76% and a net margin of 3.52%. The business’s revenue for the quarter was down 1.8% compared to the same quarter last year. During the same period last year, the company posted $1.03 EPS. Equities research analysts predict that Walgreens Boots Alliance Inc will post $5.00 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 10th. Stockholders of record on Wednesday, February 15th were paid a dividend of $0.375 per share. This represents a $1.50 dividend on an annualized basis and a dividend yield of 1.77%. The ex-dividend date was Monday, February 13th. Walgreens Boots Alliance’s dividend payout ratio (DPR) is presently 39.68%.

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Several research firms have recently weighed in on WBA. Zacks Investment Research lowered shares of Walgreens Boots Alliance from a “hold” rating to a “sell” rating in a research note on Wednesday, March 8th. Atlantic Securities upgraded shares of Walgreens Boots Alliance from a “neutral” rating to an “overweight” rating and set a $95.00 price objective for the company in a research note on Monday, February 6th. Deutsche Bank AG reiterated a “buy” rating and issued a $92.00 price objective on shares of Walgreens Boots Alliance in a research note on Tuesday, January 31st. Evercore ISI reiterated a “buy” rating and issued a $93.00 price objective on shares of Walgreens Boots Alliance in a research note on Tuesday, January 31st. Finally, Wells Fargo & Co reiterated an “outperform” rating on shares of Walgreens Boots Alliance in a research note on Tuesday, January 31st. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and eleven have assigned a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus target price of $91.48.

In other Walgreens Boots Alliance news, COO Ornella Barra purchased 124,000 shares of the company’s stock in a transaction that occurred on Tuesday, February 7th. The stock was bought at an average price of $80.93 per share, with a total value of $10,035,320.00. Following the completion of the purchase, the chief operating officer now directly owns 1,690,336 shares of the company’s stock, valued at approximately $136,798,892.48. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, Director Janice M. Babiak purchased 600 shares of the company’s stock in a transaction that occurred on Thursday, February 2nd. The stock was acquired at an average cost of $80.68 per share, with a total value of $48,408.00. Following the purchase, the director now directly owns 600 shares of the company’s stock, valued at $48,408. The disclosure for this purchase can be found here. Corporate insiders own 13.50% of the company’s stock.

About Walgreens Boots Alliance

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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