Walgreens Boots Alliance Inc (NASDAQ:WBA) Shares Sold by Reilly Financial Advisors LLC

Reilly Financial Advisors LLC trimmed its holdings in Walgreens Boots Alliance Inc (NASDAQ:WBA) by 33.5% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 2,251 shares of the pharmacy operator’s stock after selling 1,135 shares during the period. Reilly Financial Advisors LLC’s holdings in Walgreens Boots Alliance were worth $133,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of WBA. Taylor Hoffman Wealth Management grew its stake in Walgreens Boots Alliance by 360.0% in the 3rd quarter. Taylor Hoffman Wealth Management now owns 460 shares of the pharmacy operator’s stock valued at $25,000 after acquiring an additional 360 shares during the last quarter. Quest Capital Management Inc. ADV acquired a new stake in shares of Walgreens Boots Alliance during the 3rd quarter worth about $31,000. Simon Quick Advisors LLC boosted its stake in shares of Walgreens Boots Alliance by 79.0% during the 4th quarter. Simon Quick Advisors LLC now owns 716 shares of the pharmacy operator’s stock worth $42,000 after purchasing an additional 316 shares during the last quarter. Sound Income Strategies LLC boosted its stake in shares of Walgreens Boots Alliance by 180.0% during the 4th quarter. Sound Income Strategies LLC now owns 840 shares of the pharmacy operator’s stock worth $50,000 after purchasing an additional 540 shares during the last quarter. Finally, Golden State Wealth Management LLC boosted its stake in shares of Walgreens Boots Alliance by 67.6% during the 3rd quarter. Golden State Wealth Management LLC now owns 1,180 shares of the pharmacy operator’s stock worth $65,000 after purchasing an additional 476 shares during the last quarter. 60.37% of the stock is currently owned by hedge funds and other institutional investors.

Several equities research analysts have issued reports on WBA shares. JPMorgan Chase & Co. cut shares of Walgreens Boots Alliance from an “overweight” rating to a “neutral” rating and decreased their price target for the stock from $73.00 to $63.00 in a research note on Wednesday, October 23rd. Wells Fargo & Co lowered shares of Walgreens Boots Alliance from an “overweight” rating to an “equal weight” rating in a report on Wednesday, December 11th. BidaskClub lowered shares of Walgreens Boots Alliance from a “hold” rating to a “sell” rating in a report on Friday, December 13th. ValuEngine upgraded shares of Walgreens Boots Alliance from a “sell” rating to a “hold” rating in a report on Tuesday, December 3rd. Finally, SunTrust Banks raised their price target on shares of Walgreens Boots Alliance from $58.00 to $60.00 and gave the company a “hold” rating in a report on Wednesday, December 18th. Five equities research analysts have rated the stock with a sell rating and fifteen have issued a hold rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of $58.69.

WBA stock opened at $54.42 on Friday. Walgreens Boots Alliance Inc has a twelve month low of $49.03 and a twelve month high of $74.94. The company has a current ratio of 0.66, a quick ratio of 0.31 and a debt-to-equity ratio of 1.34. The company has a market capitalization of $48.39 billion, a P/E ratio of 9.09, a PEG ratio of 1.34 and a beta of 0.90. The firm has a 50 day simple moving average of $57.95 and a 200-day simple moving average of $55.66.

Walgreens Boots Alliance (NASDAQ:WBA) last released its quarterly earnings results on Wednesday, January 8th. The pharmacy operator reported $1.37 earnings per share for the quarter, missing analysts’ consensus estimates of $1.40 by ($0.03). Walgreens Boots Alliance had a return on equity of 21.76% and a net margin of 2.69%. The company had revenue of $34.34 billion for the quarter, compared to analyst estimates of $34.45 billion. During the same period in the previous year, the business posted $1.46 EPS. The firm’s quarterly revenue was up 1.6% compared to the same quarter last year. On average, research analysts predict that Walgreens Boots Alliance Inc will post 5.87 EPS for the current year.

In other Walgreens Boots Alliance news, CAO Marco Patrick Anthony Pagni sold 234,355 shares of Walgreens Boots Alliance stock in a transaction on Tuesday, November 5th. The shares were sold at an average price of $63.16, for a total value of $14,801,861.80. Following the completion of the transaction, the chief accounting officer now owns 13,844 shares of the company’s stock, valued at $874,387.04. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 16.91% of the stock is currently owned by company insiders.

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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