Walgreens Boots Alliance Inc (WBA) : American National Bank reduced its stake in Walgreens Boots Alliance Inc by 7.37% during the most recent quarter end. The investment management company now holds a total of 42,329 shares of Walgreens Boots Alliance Inc which is valued at $3,314,784 after selling 3,366 shares in Walgreens Boots Alliance Inc , the firm said in a disclosure report filed with the SEC on Oct 17, 2016.Walgreens Boots Alliance Inc makes up approximately 1.12% of American National Bank’s portfolio.
Other Hedge Funds, Including , Cim boosted its stake in WBA in the latest quarter, The investment management firm added 1,702 additional shares and now holds a total of 104,355 shares of Walgreens Boots Alliance Inc which is valued at $8,172,040. Walgreens Boots Alliance Inc makes up approx 3.90% of Cim’s portfolio.First National Bank Of Omaha reduced its stake in WBA by selling 1,450 shares or 15.8% in the most recent quarter. The Hedge Fund company now holds 7,725 shares of WBA which is valued at $603,168. Walgreens Boots Alliance Inc makes up approx 0.05% of First National Bank Of Omaha’s portfolio.Washington Trust Bank reduced its stake in WBA by selling 75 shares or 0.92% in the most recent quarter. The Hedge Fund company now holds 8,048 shares of WBA which is valued at $647,944. Walgreens Boots Alliance Inc makes up approx 0.16% of Washington Trust Bank’s portfolio.
Walgreens Boots Alliance Inc opened for trading at $78.43 and hit $78.69 on the upside on Friday, eventually ending the session at $78.31, with a gain of 0.14% or 0.11 points. The heightened volatility saw the trading volume jump to 26,57,834 shares. Company has a market cap of $84,756 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.
Investors should note that on Oct 12, 2016, Walgreens Boots Alliance Inc announced a cash dividend of $0.3750. The company’s management has announced Nov 15, 2016 as the ex-dividend date and fixed the record date on Nov 17, 2016. The payable date has been fixed on Dec 12, 2016.
Many Wall Street Analysts have commented on Walgreens Boots Alliance Inc. Walgreens Boots Alliance Inc was Upgraded by Jefferies to ” Buy” on Oct 17, 2016. Company shares were Reiterated by Deutsche Bank on Aug 30, 2016 to “Buy”, Firm has raised the Price Target to $ 94 from a previous price target of $93 .
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.