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

Thursday, 07 Dec, 2017

The fund owned 2,884 shares of the pharmacy operator's stock after selling 43 shares during the period. Cornerstone Wealth Management LLC purchased a new stake in Walgreens Boots Alliance during the third quarter valued at $628,000. Commonwealth Bank of Australia raised its stake in Walgreens Boots Alliance by 139.5% during the second quarter. The stock increased 0.17% or $0.12 during the last trading session, reaching $70.3.

In related news, Director William C. Foote sold 2,736 shares of the business's stock in a transaction that occurred on Wednesday, May 3rd. Andra AP fonden raised its stake in Walgreens Boots Alliance by 35.3% during the second quarter.

The focus shifting on performance of the Walgreens Boots Alliance, Inc. Simmons Bank now owns 7,461 shares of the pharmacy operator's stock worth $601,000 after buying an additional 893 shares during the last quarter.

Currently, the 14-day ADX for Walgreens Boots Alliance (WBA) is sitting at 25.33. Institutions now own 62.20% of the company. The average 1-year price target for (WBA) reveals an average price target of $84.96 per share. The ex-dividend date is Friday, November 10th. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The indicator, created by Marc Chaikin, is based on the theory that the strength of the market can be determined by looking at where the price closes compared to its daily range and volume. The disclosure for this purchase can be found here. The pharmacy operator reported $1.31 earnings per share for the quarter, topping the consensus estimate of $1.21 by $0.10. UBS reissued a "buy" rating and set a $96.00 target price (down previously from $97.00) on shares of Walgreens Boots Alliance in a report on Wednesday, August 23rd. (NYSE:ANTM) has "Outperform" rating given on Thursday, January 28 by RBC Capital Markets. As per Monday, August 24, the company rating was downgraded by Zacks.

WBA from Services exhibited a market capitalization of 70031.92. One research analyst has rated the stock with a sell rating, four have issued a hold rating and eleven have given a buy rating to the company's stock. Jefferies maintained it with "Buy" rating and $9500 target in Wednesday, June 21 report.

Shares of Walgreens Boots Alliance Inc (WBA) traded up $0.87 on Wednesday, reaching $71.05.

In order to gauge which way a stock is trending, you must compare a stock's share price to its moving average. The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.59 and a current ratio of 1.07. Walgreens Boots Alliance, Inc.

At the time of writing, the 14-day ADX for Walgreens Boots Alliance (WBA) is 25.33. Walgreens Boots Alliance had a return on equity of 18.36% and a net margin of 3.45%. The company has market cap of $70.38 billion. The FCF Score of Walgreens Boots Alliance, Inc. The Price Range of Walgreens Boots Alliance, Inc. This buyback authorization authorizes the pharmacy operator to repurchase shares of its stock through open market purchases.

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 12th. (NASDAQ:WBA) rating on Monday, November 16. Increasing profits are the best indication that a company can pay dividends and that the share price will trend upward. Walgreens Boots Alliance's payout ratio is now 39.68%. If you are accessing this news story on another site, it was illegally copied and reposted in violation of United States & worldwide copyright and trademark law. The correct version of this news story can be viewed at https://www.thelincolnianonline.com/2017/12/06/paragon-capital-management-llc-sells-4238-shares-of-walgreens-boots-alliance-inc-wba-updated-updated.html. Finally, American Century Companies Inc. lifted its stake in Walgreens Boots Alliance by 1,145.3% in the 2nd quarter. The Company is a global pharmacy-led, health and wellbeing enterprise.

"We have had a presence in China for around 10 years, initially through Alliance Boots, and we are excited about the opportunity to further invest in the country's fast-growing retail pharmacy sector", Walgreens Chief Executive Stefano Pessina said in prepared remarks.