Shares in Walgreens Boots Alliance, Inc. (WBA) Acquired by Girard Partners LTD.

Ivan Schwartz
July 17, 2017

In other news, Director William C. Foote sold 2,736 shares of the firm's stock in a transaction dated Wednesday, May 3rd. Parametric Portfolio Associates LLC owned approximately 0.13% of Walgreens Boots Alliance worth $120,039,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in the company. Wellington Management Group LLP boosted its position in shares of Walgreens Boots Alliance by 5.9% in the first quarter. Aristotle Capital Management LLC now owns 3,471,692 shares of the pharmacy operator's stock valued at $287,317,000 after buying an additional 74,281 shares during the period. Tarbox Group Inc. boosted its position in Walgreens Boots Alliance by 288.3% in the first quarter. Next quarter's EPS is forecasted at $1.25 with next year's EPS anticipated to be $5.52.

02/06/2017 - Walgreens Boots Alliance, Inc. was upgraded to " by analysts at Atlantic Equities.

03/22/2017 - Walgreens Boots Alliance, Inc. had its "buy" rating reiterated by analysts at Deutsche Bank. Tightening the gaze, stock performance for the last 5 trading days is 0.37%.

Shares of Walgreens Boots Alliance (NASDAQ:WBA) opened at 77.52 on Thursday. Putnam Investments LLC now owns 4,090,605 shares of the pharmacy operator's stock valued at $338,539,000 after buying an additional 804,863 shares during the period. Institutional investors own 61.22% of the company's stock. The stock's market capitalization is 84.44B, it has a 52-week low of 75.18 and a 52-week high of 89.69. (WBA) traded up 1.15% during trading on Friday, hitting $78.91.

Walgreens Boots Alliance, Inc. Narrowing in, the stock is at a distance of -8.94% from the 50 day high and 4.67% off of the 50 day low. The stock has a market cap of $83.17 billion, a P/E ratio of 19.63 and a beta of 1.26. Walgreens Boots Alliance had a return on equity of 17.34% and a net margin of 3.69%. The company had revenue of $30.12 billion during the quarter, compared to the consensus estimate of $29.72 billion.

Recently analysts working for various investment brokerages have changed their ratings and price targets on shares of Walgreens Boots Alliance, Inc.

The company also recently declared a quarterly dividend, which was paid on Monday, June 12th. Shareholders of record on Friday, August 18th will be issued a $0.40 dividend.

According to Yahoo Finance, The Dividend Date for Walgreens Boots Alliance is Jun 12, 2017 and its Ex-Dividend Date is May 16, 2017. This represents a $1.50 dividend on an annualized basis and a dividend yield of 1.93%.

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Walgreens Boots Alliance, Inc.

Scout Investments Inc. purchased a new position in Walgreens Boots Alliance, Inc. "(NASDAQ:WBA)" was first posted by Community Financial News and is owned by of Community Financial News. If you are viewing this report on another website, it was illegally stolen and republished in violation of USA and worldwide trademark & copyright laws. The original version of this report can be viewed at https://www.themarketsdaily.com/2017/07/14/girard-partners-ltd-takes-position-in-walgreens-boots-alliance-inc-wba-updated-updated-updated.html.

Analysts are speculating a 28.19% move, based on the high target price ($100) for the shares that is set to reach in the next 12 months. Analyst's mean target price for WBA is $92.95 while analysts mean recommendation is 2.00. Jefferies Group LLC reissued a "buy" rating and set a $95.00 price objective on shares of Walgreens Boots Alliance in a research report on Friday, March 31st. Robert W. Baird reiterated an "outperform" rating and issued a $96.00 price target on shares of Walgreens Boots Alliance in a research report on Monday, March 27th.

Shares of Walgreens Boots Alliance, Inc. Three analysts have rated the stock with a sell rating, three have issued a hold rating and fourteen have given a buy rating to the company. At the time of writing, the First Call consensus price target for the company is $48.58. Company fiscal year is ending in December and analysts' consensus recommendation is Hold for KO and estimated EPS for next quarter is $ 0.49. The shares were sold at an average price of $85.89, for a total transaction of $234,995.04. Following the completion of the transaction, the director now owns 21,887 shares in the company, valued at $1,879,874.43. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

The Procter & Gamble Company (NYSE:PG) shares were trading lower by -0.3 percent ($-0.26) at $86.7 a piece in Thursday's session.

Walgreens Boots Alliance, Inc.is a holding company.

06/27/2017 - Walgreens Boots Alliance, Inc. had its " rating reiterated by analysts at Goldman Sachs. The Company's portfolio of retail and business brands includes Walgreens, Duane Reade, Boots and Alliance Healthcare, as well as global health and beauty product brands, including No7, Botanics, Liz Earle and Soap & Glory.

WBA has been the topic of a number of other reports.

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