Putnam FL Investment Management Co. raised its position in shares of Walgreens Boots Alliance Inc (NASDAQ:WBA) by 138.9% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 17,142 shares of the pharmacy operator’s stock after buying an additional 9,966 shares during the period. Putnam FL Investment Management Co.’s holdings in Walgreens Boots Alliance were worth $948,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Nuveen Asset Management LLC grew its stake in shares of Walgreens Boots Alliance by 216.5% during the second quarter. Nuveen Asset Management LLC now owns 2,281,316 shares of the pharmacy operator’s stock valued at $124,720,000 after purchasing an additional 1,560,622 shares during the last quarter. Morgan Stanley grew its stake in shares of Walgreens Boots Alliance by 36.2% during the second quarter. Morgan Stanley now owns 4,913,030 shares of the pharmacy operator’s stock valued at $268,595,000 after purchasing an additional 1,304,949 shares during the last quarter. Caisse DE Depot ET Placement DU Quebec grew its stake in shares of Walgreens Boots Alliance by 11.0% during the second quarter. Caisse DE Depot ET Placement DU Quebec now owns 11,837,465 shares of the pharmacy operator’s stock valued at $647,154,000 after purchasing an additional 1,169,600 shares during the last quarter. Assenagon Asset Management S.A. grew its stake in shares of Walgreens Boots Alliance by 1,518.3% during the third quarter. Assenagon Asset Management S.A. now owns 611,724 shares of the pharmacy operator’s stock valued at $33,834,000 after purchasing an additional 573,924 shares during the last quarter. Finally, Parametric Portfolio Associates LLC grew its stake in shares of Walgreens Boots Alliance by 23.4% during the second quarter. Parametric Portfolio Associates LLC now owns 2,893,195 shares of the pharmacy operator’s stock valued at $158,171,000 after purchasing an additional 549,575 shares during the last quarter. 60.44% of the stock is owned by institutional investors.
In other Walgreens Boots Alliance news, CAO Marco Patrick Anthony Pagni sold 234,355 shares of Walgreens Boots Alliance stock in a transaction on Tuesday, November 5th. The shares were sold at an average price of $63.16, for a total value of $14,801,861.80. Following the sale, the chief accounting officer now directly owns 13,844 shares in the company, valued at approximately $874,387.04. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 15.73% of the stock is currently owned by insiders.
WBA traded down $0.47 during mid-day trading on Wednesday, hitting $62.25. The stock had a trading volume of 5,086,000 shares, compared to its average volume of 5,940,991. The stock’s fifty day simple moving average is $55.58 and its 200-day simple moving average is $53.67. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.73 and a quick ratio of 0.36. The firm has a market capitalization of $52.87 billion, a price-to-earnings ratio of 10.39, a price-to-earnings-growth ratio of 1.48 and a beta of 0.87. Walgreens Boots Alliance Inc has a 1-year low of $49.03 and a 1-year high of $86.31.
Walgreens Boots Alliance (NASDAQ:WBA) last issued its quarterly earnings results on Monday, October 28th. The pharmacy operator reported $1.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.41 by $0.02. Walgreens Boots Alliance had a net margin of 2.91% and a return on equity of 21.99%. The firm had revenue of $33.95 billion for the quarter, compared to analyst estimates of $33.88 billion. During the same period in the previous year, the business earned $1.48 EPS. The company’s revenue was up 1.5% compared to the same quarter last year. As a group, research analysts expect that Walgreens Boots Alliance Inc will post 5.93 earnings per share for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 12th. Shareholders of record on Monday, November 18th will be paid a $0.458 dividend. The ex-dividend date of this dividend is Friday, November 15th. This represents a $1.83 annualized dividend and a yield of 2.94%. Walgreens Boots Alliance’s payout ratio is currently 30.55%.
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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