Walgreens Boots Alliance Inc (WBA) Stake Boosted by Schroder Investment Management Group

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Schroder Investment Management Group grew its holdings in shares of Walgreens Boots Alliance Inc (NASDAQ:WBA) by 15.4% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 986,066 shares of the pharmacy operator’s stock after purchasing an additional 131,912 shares during the period. Schroder Investment Management Group owned approximately 0.10% of Walgreens Boots Alliance worth $58,868,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also bought and sold shares of the company. Sei Investments Co. boosted its holdings in shares of Walgreens Boots Alliance by 100.9% in the second quarter. Sei Investments Co. now owns 349,451 shares of the pharmacy operator’s stock worth $20,970,000 after buying an additional 175,551 shares during the period. California Public Employees Retirement System boosted its holdings in shares of Walgreens Boots Alliance by 7.7% in the second quarter. California Public Employees Retirement System now owns 2,303,917 shares of the pharmacy operator’s stock worth $138,270,000 after buying an additional 165,048 shares during the period. Bridgewater Associates LP boosted its holdings in shares of Walgreens Boots Alliance by 109.1% in the second quarter. Bridgewater Associates LP now owns 657,649 shares of the pharmacy operator’s stock worth $39,469,000 after buying an additional 343,062 shares during the period. Schaller Investment Group Inc. acquired a new position in shares of Walgreens Boots Alliance in the second quarter worth about $9,152,000. Finally, Schwab Charles Investment Management Inc. boosted its holdings in shares of Walgreens Boots Alliance by 4.4% in the second quarter. Schwab Charles Investment Management Inc. now owns 3,563,249 shares of the pharmacy operator’s stock worth $213,849,000 after buying an additional 150,763 shares during the period. Institutional investors own 61.92% of the company’s stock.

In other Walgreens Boots Alliance news, COO Ornella Barra acquired 1,700,000 shares of the business’s stock in a transaction that occurred on Monday, July 16th. The shares were purchased at an average price of $65.15 per share, with a total value of $110,755,000.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director William C. Foote sold 2,736 shares of the firm’s stock in a transaction that occurred on Thursday, August 2nd. The shares were sold at an average price of $65.99, for a total transaction of $180,548.64. Following the transaction, the director now directly owns 10,943 shares in the company, valued at approximately $722,128.57. The disclosure for this sale can be found here. 14.80% of the stock is currently owned by company insiders.

Several brokerages have commented on WBA. Zacks Investment Research upgraded shares of Walgreens Boots Alliance from a “hold” rating to a “buy” rating and set a $79.00 target price for the company in a report on Saturday. BidaskClub upgraded shares of Walgreens Boots Alliance from a “sell” rating to a “hold” rating in a report on Friday, June 22nd. Cowen cut shares of Walgreens Boots Alliance from an “outperform” rating to a “market perform” rating and set a $104.00 target price for the company. in a report on Monday, July 23rd. TheStreet upgraded shares of Walgreens Boots Alliance from a “c+” rating to a “b” rating in a report on Wednesday, September 12th. Finally, ValuEngine upgraded shares of Walgreens Boots Alliance from a “strong sell” rating to a “sell” rating in a report on Friday, September 21st. One analyst has rated the stock with a sell rating, eleven have given a hold rating, seven have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of $77.56.

Shares of WBA stock traded up $2.60 during trading on Friday, hitting $73.50. 9,645,179 shares of the company were exchanged, compared to its average volume of 6,227,956. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.47 and a current ratio of 0.93. The stock has a market cap of $72.35 billion, a P/E ratio of 14.41, a P/E/G ratio of 1.11 and a beta of 1.04. Walgreens Boots Alliance Inc has a twelve month low of $59.07 and a twelve month high of $80.68.

Walgreens Boots Alliance (NASDAQ:WBA) last issued its quarterly earnings data on Thursday, October 11th. The pharmacy operator reported $1.48 earnings per share for the quarter, beating the consensus estimate of $1.45 by $0.03. The firm had revenue of $33.44 billion for the quarter, compared to analyst estimates of $33.64 billion. Walgreens Boots Alliance had a net margin of 3.36% and a return on equity of 21.22%. Sell-side analysts predict that Walgreens Boots Alliance Inc will post 5.98 EPS for the current year.

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 general merchandise, including non-prescription drugs, beauty products, photo finishing, seasonal merchandise, greeting cards, and convenience foods 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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