Walgreens Boots Alliance Inc (WBA) Holdings Lifted by Corient Capital Partners LLC

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Corient Capital Partners LLC raised its holdings in shares of Walgreens Boots Alliance Inc (NASDAQ:WBA) by 15.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 20,784 shares of the pharmacy operator’s stock after purchasing an additional 2,835 shares during the period. Corient Capital Partners LLC’s holdings in Walgreens Boots Alliance were worth $1,420,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Focused Wealth Management Inc grew its holdings in shares of Walgreens Boots Alliance by 10.1% during the 4th quarter. Focused Wealth Management Inc now owns 1,651 shares of the pharmacy operator’s stock worth $113,000 after acquiring an additional 151 shares during the period. Northside Capital Management LLC grew its stake in shares of Walgreens Boots Alliance by 2.3% in the 4th quarter. Northside Capital Management LLC now owns 8,335 shares of the pharmacy operator’s stock worth $570,000 after buying an additional 184 shares during the last quarter. Taylor Cottrill Erickson & Associates Inc. grew its stake in shares of Walgreens Boots Alliance by 4.0% in the 4th quarter. Taylor Cottrill Erickson & Associates Inc. now owns 4,807 shares of the pharmacy operator’s stock worth $328,000 after buying an additional 184 shares during the last quarter. First Bank & Trust grew its stake in shares of Walgreens Boots Alliance by 5.9% in the 4th quarter. First Bank & Trust now owns 3,410 shares of the pharmacy operator’s stock worth $233,000 after buying an additional 189 shares during the last quarter. Finally, Brand Asset Management Group Inc. grew its stake in shares of Walgreens Boots Alliance by 40.7% in the 4th quarter. Brand Asset Management Group Inc. now owns 692 shares of the pharmacy operator’s stock worth $47,000 after buying an additional 200 shares during the last quarter. 63.55% of the stock is owned by institutional investors and hedge funds.

Shares of WBA opened at $70.47 on Friday. The company has a current ratio of 0.80, a quick ratio of 0.36 and a debt-to-equity ratio of 0.44. Walgreens Boots Alliance Inc has a 12 month low of $59.07 and a 12 month high of $86.31. The firm has a market cap of $70.22 billion, a price-to-earnings ratio of 11.71, a price-to-earnings-growth ratio of 1.16 and a beta of 0.98.

Walgreens Boots Alliance (NASDAQ:WBA) last issued its earnings results on Thursday, December 20th. The pharmacy operator reported $1.46 EPS for the quarter, beating the consensus estimate 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 business had revenue of $33.79 billion for the quarter, compared to the consensus estimate of $33.90 billion. During the same period last year, the business posted $1.28 EPS. The company’s revenue was up 9.9% compared to the same quarter last year. On average, equities research analysts expect that Walgreens Boots Alliance Inc will post 6.52 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 12th. Shareholders of record on Friday, February 15th will be paid a dividend of $0.44 per share. The ex-dividend date is Thursday, February 14th. This represents a $1.76 annualized dividend and a yield of 2.50%. Walgreens Boots Alliance’s dividend payout ratio is 29.24%.

WBA has been the topic of several recent research reports. Zacks Investment Research upgraded Walgreens Boots Alliance from a “hold” rating to a “buy” rating and set a $92.00 price target on the stock in a research note on Friday, November 30th. Goldman Sachs Group downgraded Walgreens Boots Alliance from a “neutral” rating to a “sell” rating in a research note on Friday, December 14th. Robert W. Baird cut their price target on Walgreens Boots Alliance from $71.00 to $70.00 and set a “neutral” rating on the stock in a research note on Friday, December 21st. Needham & Company LLC upgraded Walgreens Boots Alliance to a “buy” rating and set a $94.00 price target on the stock in a research note on Thursday, December 20th. Finally, BidaskClub downgraded Walgreens Boots Alliance from a “hold” rating to a “sell” rating in a research note on Wednesday, January 2nd. Three analysts have rated the stock with a sell rating, thirteen have issued a hold rating and five have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $78.83.

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About Walgreens Boots Alliance

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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