CLARET ASSET MANAGEMENT Corp Buys 3,250 Shares of Walgreens Boots Alliance Inc (NASDAQ:WBA)

CLARET ASSET MANAGEMENT Corp boosted its stake in shares of Walgreens Boots Alliance Inc (NASDAQ:WBA) by 13.2% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 27,950 shares of the pharmacy operator’s stock after buying an additional 3,250 shares during the period. CLARET ASSET MANAGEMENT Corp’s holdings in Walgreens Boots Alliance were worth $1,546,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. We Are One Seven LLC boosted its holdings in shares of Walgreens Boots Alliance by 1.6% in the third quarter. We Are One Seven LLC now owns 12,954 shares of the pharmacy operator’s stock valued at $716,000 after purchasing an additional 208 shares during the period. GWM Advisors LLC raised its stake in Walgreens Boots Alliance by 4.5% in the second quarter. GWM Advisors LLC now owns 5,126 shares of the pharmacy operator’s stock worth $280,000 after buying an additional 222 shares in the last quarter. Webster Bank N. A. raised its stake in Walgreens Boots Alliance by 37.0% in the second quarter. Webster Bank N. A. now owns 833 shares of the pharmacy operator’s stock worth $45,000 after buying an additional 225 shares in the last quarter. RB Capital Management LLC raised its stake in Walgreens Boots Alliance by 4.9% in the second quarter. RB Capital Management LLC now owns 4,961 shares of the pharmacy operator’s stock worth $271,000 after buying an additional 232 shares in the last quarter. Finally, Roberts Glore & Co. Inc. IL raised its stake in Walgreens Boots Alliance by 1.4% in the second quarter. Roberts Glore & Co. Inc. IL now owns 17,520 shares of the pharmacy operator’s stock worth $958,000 after buying an additional 237 shares in the last quarter. 59.69% of the stock is owned by institutional investors.

In related news, CAO Marco Patrick Anthony Pagni sold 215,323 shares of the company’s stock in a transaction on Wednesday, August 14th. The stock was sold at an average price of $50.48, for a total value of $10,869,505.04. Following the transaction, the chief accounting officer now directly owns 357,851 shares of the company’s stock, valued at approximately $18,064,318.48. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 15.73% of the stock is owned by corporate insiders.

Shares of NASDAQ WBA traded up $1.10 during mid-day trading on Friday, hitting $54.03. The stock had a trading volume of 253,539 shares, compared to its average volume of 4,809,040. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.37 and a current ratio of 0.76. The company has a 50 day moving average of $53.03 and a two-hundred day moving average of $53.71. Walgreens Boots Alliance Inc has a twelve month low of $49.03 and a twelve month high of $86.31. The firm has a market cap of $47.04 billion, a PE ratio of 8.98, a PEG ratio of 1.32 and a beta of 0.89.

A number of equities analysts recently commented on WBA shares. Royal Bank of Canada downgraded shares of Walgreens Boots Alliance to a “hold” rating and set a $59.00 price objective for the company. in a research note on Friday, September 27th. JPMorgan Chase & Co. reduced their price objective on shares of Walgreens Boots Alliance from $74.00 to $73.00 and set an “overweight” rating for the company in a research note on Friday, June 28th. Cleveland Research reissued a “hold” rating on shares of Walgreens Boots Alliance in a research note on Monday, September 9th. Deutsche Bank started coverage on shares of Walgreens Boots Alliance in a research note on Thursday, September 12th. They issued a “sell” rating for the company. Finally, BidaskClub raised shares of Walgreens Boots Alliance from a “strong sell” rating to a “sell” rating in a research note on Wednesday, September 11th. Seven research analysts have rated the stock with a sell rating, twelve have issued a hold rating and three have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $62.24.

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

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