Comerica Securities Inc. increased its position in shares of Walgreens Boots Alliance Inc (NASDAQ:WBA) by 23.7% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 16,457 shares of the pharmacy operator’s stock after buying an additional 3,154 shares during the period. Comerica Securities Inc.’s holdings in Walgreens Boots Alliance were worth $1,124,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Focused Wealth Management Inc grew its holdings in Walgreens Boots Alliance by 10.1% in the fourth quarter. Focused Wealth Management Inc now owns 1,651 shares of the pharmacy operator’s stock worth $113,000 after purchasing an additional 151 shares during the period. Northside Capital Management LLC grew its holdings in Walgreens Boots Alliance by 2.3% in the fourth quarter. Northside Capital Management LLC now owns 8,335 shares of the pharmacy operator’s stock worth $570,000 after purchasing an additional 184 shares during the period. Taylor Cottrill Erickson & Associates Inc. grew its holdings in Walgreens Boots Alliance by 4.0% in the fourth quarter. Taylor Cottrill Erickson & Associates Inc. now owns 4,807 shares of the pharmacy operator’s stock worth $328,000 after purchasing an additional 184 shares during the period. First Bank & Trust grew its holdings in Walgreens Boots Alliance by 5.9% in the fourth quarter. First Bank & Trust now owns 3,410 shares of the pharmacy operator’s stock worth $233,000 after purchasing an additional 189 shares during the period. Finally, Brand Asset Management Group Inc. grew its holdings in Walgreens Boots Alliance by 40.7% in the fourth quarter. Brand Asset Management Group Inc. now owns 692 shares of the pharmacy operator’s stock worth $47,000 after purchasing an additional 200 shares during the period. 66.57% of the stock is owned by institutional investors and hedge funds.
In related news, Director Nancy M. Schlichting sold 7,050 shares of the business’s stock in a transaction dated Tuesday, November 20th. The shares were sold at an average price of $78.81, for a total transaction of $555,610.50. Following the transaction, the director now directly owns 5,709 shares in the company, valued at $449,926.29. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 15.73% of the stock is owned by company insiders.
Shares of NASDAQ WBA opened at $72.43 on Thursday. The stock has a market cap of $68.04 billion, a PE ratio of 12.03, a price-to-earnings-growth ratio of 1.10 and a beta of 0.98. Walgreens Boots Alliance Inc has a 1 year low of $59.07 and a 1 year high of $86.31. The company has a quick ratio of 0.36, a current ratio of 0.80 and a debt-to-equity ratio of 0.44.
Walgreens Boots Alliance (NASDAQ:WBA) last issued its quarterly earnings data on Thursday, December 20th. The pharmacy operator reported $1.46 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.43 by $0.03. The firm had revenue of $33.79 billion during the quarter, compared to analysts’ expectations of $33.90 billion. Walgreens Boots Alliance had a net margin of 3.96% and a return on equity of 22.17%. The business’s revenue was up 9.9% on a year-over-year basis. During the same period last year, the company earned $1.28 earnings per share. As a group, research analysts anticipate that Walgreens Boots Alliance Inc will post 6.52 EPS for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 12th. Stockholders of record on Friday, February 15th will be issued a dividend of $0.44 per share. This represents a $1.76 dividend on an annualized basis and a dividend yield of 2.43%. The ex-dividend date is Thursday, February 14th. Walgreens Boots Alliance’s dividend payout ratio is currently 29.24%.
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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 retail products, including health, beauty, personal care, consumable, and general merchandise products through its retail drugstores and convenient care clinics.
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