Walgreens Boots Alliance Inc (NASDAQ:WBA) Shares Acquired by Shepherd Kaplan Krochuk LLC

Shepherd Kaplan Krochuk LLC grew its holdings in Walgreens Boots Alliance Inc (NASDAQ:WBA) by 156.6% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 37,200 shares of the pharmacy operator’s stock after acquiring an additional 22,700 shares during the period. Walgreens Boots Alliance comprises approximately 1.4% of Shepherd Kaplan Krochuk LLC’s portfolio, making the stock its 8th largest position. Shepherd Kaplan Krochuk LLC’s holdings in Walgreens Boots Alliance were worth $2,034,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the business. Family Legacy Inc. lifted its position in Walgreens Boots Alliance by 2.5% in the first quarter. Family Legacy Inc. now owns 8,020 shares of the pharmacy operator’s stock valued at $442,000 after acquiring an additional 195 shares during the last quarter. Cable Hill Partners LLC lifted its position in Walgreens Boots Alliance by 40.0% in the first quarter. Cable Hill Partners LLC now owns 700 shares of the pharmacy operator’s stock valued at $44,000 after acquiring an additional 200 shares during the last quarter. Exencial Wealth Advisors LLC lifted its position in Walgreens Boots Alliance by 1.0% in the first quarter. Exencial Wealth Advisors LLC now owns 20,134 shares of the pharmacy operator’s stock valued at $1,274,000 after acquiring an additional 207 shares during the last quarter. Hammer Asset Management LLC raised its holdings in shares of Walgreens Boots Alliance by 0.6% in the first quarter. Hammer Asset Management LLC now owns 38,043 shares of the pharmacy operator’s stock valued at $2,407,000 after buying an additional 214 shares during the last quarter. Finally, Alpha Quant Advisors LLC raised its holdings in shares of Walgreens Boots Alliance by 0.9% in the first quarter. Alpha Quant Advisors LLC now owns 23,730 shares of the pharmacy operator’s stock valued at $1,501,000 after buying an additional 216 shares during the last quarter. Institutional investors and hedge funds own 62.03% of the company’s stock.

A number of equities research analysts have recently commented on WBA shares. ValuEngine raised shares of Walgreens Boots Alliance from a “strong sell” rating to a “sell” rating in a report on Friday, June 28th. Zacks Investment Research cut shares of Walgreens Boots Alliance from a “hold” rating to a “sell” rating and set a $53.00 target price for the company. in a report on Monday, June 10th. JPMorgan Chase & Co. reduced their target price on shares of Walgreens Boots Alliance from $74.00 to $73.00 and set an “overweight” rating for the company in a report on Friday, June 28th. Morgan Stanley reduced their target price on shares of Walgreens Boots Alliance from $61.00 to $58.00 and set an “equal weight” rating for the company in a report on Friday. Finally, BidaskClub cut shares of Walgreens Boots Alliance from a “sell” rating to a “strong sell” rating in a report on Monday, June 24th. Six 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 company has a consensus rating of “Hold” and an average price target of $63.65.

In related news, CAO Marco Patrick Anthony Pagni sold 215,323 shares of the stock in a transaction dated Wednesday, August 14th. The shares were sold at an average price of $50.48, for a total transaction of $10,869,505.04. Following the completion of the transaction, the chief accounting officer now directly owns 357,851 shares of the company’s stock, valued at $18,064,318.48. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 15.73% of the company’s stock.

NASDAQ WBA traded down $1.63 during trading hours on Friday, hitting $49.32. 4,700,031 shares of the stock were exchanged, compared to its average volume of 4,614,057. The company has a market cap of $45.97 billion, a price-to-earnings ratio of 8.19, a price-to-earnings-growth ratio of 1.27 and a beta of 0.81. Walgreens Boots Alliance Inc has a 12-month low of $49.12 and a 12-month high of $86.31. The stock has a 50-day moving average of $53.61 and a 200 day moving average of $57.04. The company has a quick ratio of 0.37, a current ratio of 0.76 and a debt-to-equity ratio of 0.49.

Walgreens Boots Alliance (NASDAQ:WBA) last posted its quarterly earnings results on Thursday, June 27th. The pharmacy operator reported $1.47 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.42 by $0.05. The firm had revenue of $34.59 billion during the quarter, compared to analysts’ expectations of $34.52 billion. Walgreens Boots Alliance had a net margin of 3.53% and a return on equity of 22.08%. The firm’s revenue for the quarter was up .7% on a year-over-year basis. During the same period in the prior year, the company posted $1.53 earnings per share. On average, equities research analysts expect that Walgreens Boots Alliance Inc will post 5.99 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 12th. Investors of record on Tuesday, August 20th will be issued a dividend of $0.458 per share. This is a boost from Walgreens Boots Alliance’s previous quarterly dividend of $0.44. This represents a $1.83 annualized dividend and a yield of 3.71%. The ex-dividend date is Monday, August 19th. Walgreens Boots Alliance’s dividend payout ratio is currently 30.40%.

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

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