Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Burgundy Asset Management Ltd. raised its position in shares of Walgreens Boots Alliance by 0.6% during the 3rd quarter.
Several analysts are forecasting growth estimate of Walgreens Boots Alliance, Inc. for the current quarter to be 15.5%. They expect $1.26 earnings per share, up 14.55 % or $0.16 from last year's $1.1 per share. Andra AP fonden increased its holdings in shares of Walgreens Boots Alliance by 35.3% during the 2nd quarter. Sowell Financial Services LLC now owns 2,703 shares of the pharmacy operator's stock worth $218,000 after purchasing an additional 17 shares during the period. Private Vista LLC increased its holdings in shares of Walgreens Boots Alliance by 6,403.7% during the second quarter.
The stock showed weekly performance of 4.56%, which was maintained for the month at 5.67%. "Ultimately, through all this investigation into the company's performance the analyst decides if their stock is a "buy", sell" or hold". WBA's latest closing price was -10.23% away from the average price of 200 days while it maintained a distance of 0.80% from the 50 Day Moving Average and 0.49% away compared to its SMA 20. Following the transaction, the director now directly owns 16,415 shares in the company, valued at approximately $1,105,878.55. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Howe & Rusling Inc. now owns 1,441 shares of the pharmacy operator's stock worth $120,000 after buying an additional 975 shares during the period. The disclosure for this sale can be found here. Corporate insiders own 14.80% of the company's stock. (NASDAQ:WBA) news were published by: Seekingalpha.com which released: "Walgreens: Shareholders Are Set To Benefit Strongly" on December 06, 2017, also Seekingalpha.com with their article: "Dividend Aristocrats In Focus Part 47: Walgreens Boots Alliance" published on November 22, 2017, Seekingalpha.com published: "Walgreens Boots Alliance - Fairly Valued Dividend Aristocrat" on November 13, 2017. During the last 52 weeks, the (NASDAQ:WBA) price has been as high as $88 and as low as $63.82. WBA trades with a P/S ratio of 0.6.
Looking on other side, Forward Price to Earnings ratio of WBA persists on 11.56. The pharmacy operator reported $1.31 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $1.21 by $0.10. Walgreens Boots Alliance had a return on equity of 16.76% and a net margin of 3.52%. Walgreens Boots Alliance's revenue for the quarter was up 5.3% on a year-over-year basis. analysts predict that Walgreens Boots Alliance Inc will post 5.55 earnings per share for the current fiscal year.
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Sinopharm said it would work with Walgreens Boots Alliance to explore opportunities in the broader Asian and global markets, in keeping with Beijing's Belt and Road Initiative. This buyback authorization authorizes the pharmacy operator to purchase shares of its stock through open market purchases. The returns on investment very popular metric among passive investors, it stands at 11.90%, when it lies in positive figure than security is feasible for investment or goes for higher ROI stocks. Stockholders of record on Monday, November 13th will be paid a dividend of $0.40 per share. The ex-dividend date is Friday, November 10th. The firm has dividend yield of 1.71% that is also considered as effective indicator. Walgreens Boots Alliance's dividend payout ratio is 42.33%. Pivotal Research cut their price target on Walgreens Boots Alliance from $85.00 to $73.00 and set a "hold" rating on the stock in a research note on Tuesday, October 24th. The rating was maintained by Loop Capital with "Buy" on Thursday, October 26. BidaskClub upgraded Walgreens Boots Alliance from a "sell" rating to a "hold" rating in a report on Wednesday, August 30th. They issued a "buy" rating and a $95.00 price target on the stock. (NasdaqGS:WBA) has a price to book ratio of 2.548570.
TRADEMARK VIOLATION WARNING: "Deutsche Bank Begins Coverage on Walgreens Boots Alliance (WBA)" was originally posted by The Lincolnian Online and is owned by of The Lincolnian Online. The original version of this news story can be viewed at https://weekherald.com/2017/12/07/sciencast-management-lp-sells-10331-shares-of-walgreens-boots-alliance-inc-wba.html.
Walgreens Boots Alliance, Inc. operates as a pharmacy-led health and wellbeing company.
Walgreens Boots Alliance is the largest retail pharmacy, health and daily living destination across the US and Europe. The Company's products are marketed under a number of brands, which include No7, the Botanics range, Almus (generic medicines), Boots Pharmaceuticals and Soap & Glory (bathing and beauty brand).