Bokf Na grew its stake in Walgreens Boots Alliance Inc (NASDAQ:WBA) by 10.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 33,920 shares of the pharmacy operator’s stock after acquiring an additional 3,230 shares during the period. Bokf Na’s holdings in Walgreens Boots Alliance were worth $2,318,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently made changes to their positions in WBA. Oregon Public Employees Retirement Fund grew its holdings in shares of Walgreens Boots Alliance by 12,422.1% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 34,807,507 shares of the pharmacy operator’s stock valued at $509,000 after acquiring an additional 34,529,539 shares in the last quarter. Bank of New York Mellon Corp grew its holdings in shares of Walgreens Boots Alliance by 71,970.7% in the 3rd quarter. Bank of New York Mellon Corp now owns 11,640,855 shares of the pharmacy operator’s stock valued at $848,617,000 after acquiring an additional 11,624,703 shares in the last quarter. Boston Partners grew its holdings in shares of Walgreens Boots Alliance by 3,449.3% in the 4th quarter. Boston Partners now owns 3,973,944 shares of the pharmacy operator’s stock valued at $271,540,000 after acquiring an additional 3,861,981 shares in the last quarter. Franklin Resources Inc. grew its holdings in shares of Walgreens Boots Alliance by 21.5% in the 3rd quarter. Franklin Resources Inc. now owns 18,789,390 shares of the pharmacy operator’s stock valued at $1,369,796,000 after acquiring an additional 3,318,524 shares in the last quarter. Finally, Capital World Investors grew its holdings in shares of Walgreens Boots Alliance by 18.2% in the 3rd quarter. Capital World Investors now owns 18,089,012 shares of the pharmacy operator’s stock valued at $1,318,689,000 after acquiring an additional 2,790,213 shares in the last quarter. Institutional investors own 62.52% of the company’s stock.
WBA has been the subject of several analyst reports. Zacks Investment Research upgraded Walgreens Boots Alliance from a “sell” rating to a “hold” rating in a report on Monday, March 4th. Bank of America reiterated an “underperform” rating and set a $62.00 price target (down previously from $69.00) on shares of Walgreens Boots Alliance in a report on Friday, March 8th. BidaskClub upgraded Walgreens Boots Alliance from a “sell” rating to a “hold” rating in a report on Thursday, February 14th. UBS Group assumed coverage on Walgreens Boots Alliance in a report on Thursday, January 17th. They set a “sell” rating and a $70.00 price target for the company. Finally, Needham & Company LLC upgraded Walgreens Boots Alliance to a “buy” rating and set a $94.00 price target for the company in a report on Thursday, December 20th. Six investment analysts have rated the stock with a sell rating, ten have issued a hold rating and five have given a buy rating to the stock. Walgreens Boots Alliance currently has an average rating of “Hold” and a consensus price target of $77.94.
Walgreens Boots Alliance (NASDAQ:WBA) last issued its quarterly earnings data on Thursday, December 20th. The pharmacy operator reported $1.46 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.43 by $0.03. Walgreens Boots Alliance had a return on equity of 22.17% and a net margin of 3.96%. The company had revenue of $33.79 billion during the quarter, compared to analysts’ expectations of $33.90 billion. During the same quarter in the previous year, the company posted $1.28 earnings per share. The business’s revenue was up 9.9% on a year-over-year basis. As a group, sell-side analysts predict that Walgreens Boots Alliance Inc will post 6.41 EPS for the current year.
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 12th. Stockholders of record on Friday, February 15th were issued a dividend of $0.44 per share. This represents a $1.76 dividend on an annualized basis and a dividend yield of 2.85%. The ex-dividend date of this dividend was Thursday, February 14th. Walgreens Boots Alliance’s dividend payout ratio is presently 29.24%.
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Walgreens Boots Alliance Company 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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