Walgreens Boots Alliance Inc (WBA) : Cedar Hill Associates scooped up 5,858 additional shares in Walgreens Boots Alliance Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Jul 15, 2016. The investment management firm now holds a total of 185,473 shares of Walgreens Boots Alliance Inc which is valued at $15,353,455.Walgreens Boots Alliance Inc makes up approximately 2.56% of Cedar Hill Associates’s portfolio.
Other Hedge Funds, Including , Mitchell Mcleod Pugh Williams Inc boosted its stake in WBA in the latest quarter, The investment management firm added 201 additional shares and now holds a total of 11,525 shares of Walgreens Boots Alliance Inc which is valued at $954,040. Walgreens Boots Alliance Inc makes up approx 0.71% of Mitchell Mcleod Pugh Williams Inc’s portfolio.Patton Albertson Miller Group reduced its stake in WBA by selling 864 shares or 2.63% in the most recent quarter. The Hedge Fund company now holds 32,041 shares of WBA which is valued at $2,619,993. Walgreens Boots Alliance Inc makes up approx 1.15% of Patton Albertson Miller Group’s portfolio.Chicago Trust Co Na boosted its stake in WBA in the latest quarter, The investment management firm added 2,468 additional shares and now holds a total of 50,009 shares of Walgreens Boots Alliance Inc which is valued at $4,090,736. Walgreens Boots Alliance Inc makes up approx 1.73% of Chicago Trust Co Na’s portfolio.
Walgreens Boots Alliance Inc opened for trading at $82.59 and hit $83.56 on the upside on Monday, eventually ending the session at $82.78, with a gain of 0.33% or 0.27 points. The heightened volatility saw the trading volume jump to 38,05,123 shares. Company has a market cap of $89,594 M.
On the company’s financial health, Walgreens Boots Alliance Inc reported $1.18 EPS for the quarter, beating the analyst consensus estimate by $ 0.04 according to the earnings call on Jul 6, 2016. Analyst had a consensus of $1.14. The company had revenue of $29498.00 million for the quarter, compared to analysts expectations of $29719.29 million. The company’s revenue was up 2.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.02 EPS.
Many Wall Street Analysts have commented on Walgreens Boots Alliance Inc. Shares were Reiterated by FBR Capital on Jul 7, 2016 to “Mkt Perform” and Lowered the Price Target to $ 85 from a previous price target of $90 .Walgreens Boots Alliance Inc was Resumed by BofA/Merrill to “Buy” on Jun 7, 2016.
Walgreens Boots Alliance Inc. (Walgreens Boots Alliance) is a holding company. The Company is a global pharmacy-led health and wellbeing enterprise. It operates through three segments: Retail Pharmacy USA which consists of the Walgreens business including the operation of retail drugstores and convenient care clinics in addition to providing specialty pharmacy services; Retail Pharmacy International which consists of the Alliance Boots pharmacy-led health and beauty stores optical practices and related contract manufacturing operations and Pharmaceutical Wholesale which consists of the Alliance Boots pharmaceutical wholesaling and distribution businesses. Its portfolio of retail and business brands includes Walgreens Duane Reade Boots and Alliance Healthcare as well as global health and beauty product brands including No7 Botanics and Soap & Glory. Walgreens Boots Alliance through its subsidiary Liz Earle Beauty Co. Ltd offers the Liz Earle skincare brand.