Walgreens Boots Alliance Inc (NASDAQ:WBA) Holdings Lowered by CQS Cayman LP

07 December, 2017, 09:20 | Author: Regina Silva

Hudock Capital Group LLC grew its position in shares of Walgreens Boots Alliance by 0.5% in the second quarter. Wellington Management Group LLP lifted its stake in Walgreens Boots Alliance by 5.9% in the 1st quarter. WBA has diverse figures for different time frames; starting from week's performance it has positive performance of 1.66% in last five regular trading sessions. Andra AP fonden raised its stake in Walgreens Boots Alliance by 35.3% during the second quarter. Private Vista LLC now owns 583,185 shares of the pharmacy operator's stock valued at $140,000 after purchasing an additional 574,218 shares during the last quarter.

Walgreens Boots Alliance (WBA) shares are showing bullish signs as the Chaikin Money Flow or CFI is above the zero line. They expect $1.26 EPS, up 14.55% or $0.16 from last year's $1.1 per share. Huntington National Bank raised its stake in shares of Walgreens Boots Alliance by 17.1% in the third quarter. Institutional investors own 60.24% of the company's stock. The company had a trading volume of 5,979,994 shares, compared to its average volume of 5,445,819. Walgreens Boots Alliance, Inc.'s P/E ratio is 18.58. The firm has a market cap of $70,879.76, a price-to-earnings ratio of 14.03, a P/E/G ratio of 1.27 and a beta of 1.22. A ratio of 1.5 will suggest that the company has $1.5 of liquid assets available to pay off $1 of its current liabilities.

Walgreens Boots Alliance (NASDAQ:WBA) last released its quarterly earnings data on Wednesday, October 25th. During the last 52 weeks, the (NASDAQ:OPK) price has been as high as $12.15 and as low as $4.5. The company had revenue of $30.15 billion during the quarter, compared to analyst estimates of $29.93 billion. Walgreens Boots Alliance had a net margin of 3.52% and a return on equity of 16.76%. The firm's revenue for the quarter was up 5.3% compared to the same quarter a year ago. Simmons Bank raised its stake in shares of Walgreens Boots Alliance by 13.6% in the third quarter. As per Wednesday, February 3, the company rating was maintained by FinnCap. Stock buyback programs are often a sign that the company's management believes its shares are undervalued. The firm also recently declared a quarterly dividend, which will be paid on Monday, June 12th. Investors of record on Monday, November 13th will be issued a dividend of $0.40 per share. This represents a $1.50 annualized dividend and a dividend yield of 1.85%. The ex-dividend date of this dividend is Friday, November 10th. Walgreens Boots Alliance's dividend payout ratio is presently 42.33%. Cantor Fitzgerald maintained the stock with "Buy" rating in Wednesday, October 25 report. The company's 50 day moving average is $83.80 and its 200-day moving average is $83.97. Following the acquisition, the director now directly owns 50,000 shares in the company, valued at $3,350,000. The fund owned 11,000 shares of the pharmacy operator's stock after selling 2,500 shares during the quarter. The shares were purchased at an average cost of $67.00 per share, for a total transaction of $1,340,000.00. The disclosure for this purchase can be found here.

Several equities analysts recently issued reports on WBA shares. A CCI reading above +100 would imply that the stock is overbought and possibly ready for a correction. (NASDAQ:WBA) and Rite Aid Corporation (NASDAQ:RAD) are both Services companies that recently hit new low. Walgreens Boots Alliance now has a consensus rating of "Buy" and a consensus target price of $90.62. Barclays PLC set a $79.00 price objective on shares of Walgreens Boots Alliance and gave the company a "hold" rating in a research report on Saturday, April 1st. Walgreens Boots Alliance, Inc.

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COPYRIGHT VIOLATION NOTICE: This news story was published by Week Herald and is the sole property of of Week Herald. Jefferies maintained Walgreens Boots Alliance, Inc. The SI to Walgreen Boots Alliance Incorporated's float is 2.27%.

Novo Nordisk A/S, a healthcare company, engages in the discovery, development, manufacture, and marketing of pharmaceutical products worldwide.

Walgreens Chief Executive Officer Stefano Pessina said he is "excited about the opportunity to further invest in the country's fastest growing retail pharmacy sector", adding that his company has had a presence in China for about a decade.

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