Mosaic Family Wealth LLC reduced its stake in Walgreens Boots Alliance Inc (NASDAQ:WBA) by 45.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 6,597 shares of the pharmacy operator’s stock after selling 5,399 shares during the quarter. Mosaic Family Wealth LLC’s holdings in Walgreens Boots Alliance were worth $480,000 at the end of the most recent reporting period.
Other hedge funds also recently made changes to their positions in the company. Pathstone Family Office LLC grew its stake in shares of Walgreens Boots Alliance by 226.6% in the 2nd quarter. Pathstone Family Office LLC now owns 1,179 shares of the pharmacy operator’s stock valued at $1,969,000 after purchasing an additional 818 shares during the last quarter. Westside Investment Management Inc. grew its stake in shares of Walgreens Boots Alliance by 10.4% in the 2nd quarter. Westside Investment Management Inc. now owns 1,325 shares of the pharmacy operator’s stock valued at $102,000 after purchasing an additional 125 shares during the last quarter. Zions Bancorporation grew its stake in shares of Walgreens Boots Alliance by 983.3% in the 3rd quarter. Zions Bancorporation now owns 1,365 shares of the pharmacy operator’s stock valued at $105,000 after purchasing an additional 1,239 shares during the last quarter. Bristlecone Advisors LLC purchased a new position in shares of Walgreens Boots Alliance in the 3rd quarter valued at approximately $135,000. Finally, Trustcore Financial Services LLC purchased a new position in shares of Walgreens Boots Alliance in the 4th quarter valued at approximately $155,000. Institutional investors own 61.00% of the company’s stock.
In other news, insider Stefano Pessina bought 98,858 shares of the firm’s stock in a transaction on Monday, January 15th. The shares were bought at an average cost of $76.07 per share, for a total transaction of $7,520,128.06. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. 14.80% of the stock is currently owned by insiders.
Walgreens Boots Alliance Inc (NASDAQ:WBA) traded down $1.31 on Wednesday, reaching $68.55. The company’s stock had a trading volume of 5,785,342 shares, compared to its average volume of 5,670,000. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.47 and a current ratio of 0.96. The stock has a market capitalization of $67,910.00, a P/E ratio of 18.94, a price-to-earnings-growth ratio of 1.16 and a beta of 1.21. Walgreens Boots Alliance Inc has a one year low of $63.82 and a one year high of $87.79.
Walgreens Boots Alliance (NASDAQ:WBA) last posted its earnings results on Thursday, January 4th. The pharmacy operator reported $1.28 EPS for the quarter, topping the Zacks’ consensus estimate of $1.27 by $0.01. The company had revenue of $30.74 billion for the quarter, compared to the consensus estimate of $30.39 billion. Walgreens Boots Alliance had a return on equity of 19.15% and a net margin of 3.19%. Walgreens Boots Alliance’s quarterly revenue was up 7.9% compared to the same quarter last year. During the same period in the previous year, the business earned $1.10 earnings per share. equities analysts anticipate that Walgreens Boots Alliance Inc will post 5.79 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which was paid on Monday, March 12th. Shareholders of record on Thursday, February 15th were given a dividend of $0.40 per share. The ex-dividend date was Wednesday, February 14th. This represents a $1.60 dividend on an annualized basis and a yield of 2.33%. Walgreens Boots Alliance’s payout ratio is 44.20%.
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Walgreens Boots Alliance Company Profile
Walgreens Boots Alliance, Inc (Walgreens Boots Alliance) is a holding company. The Company is a global pharmacy-led, health and wellbeing enterprise. Walgreens Boots Alliance operates through three divisions, including Retail Pharmacy USA, Retail Pharmacy International and Pharmaceutical Wholesale. The Company’s products are marketed under a number of brands, which include No7, the Botanics range, Almus (generic medicines), Boots Pharmaceuticals and Soap & Glory (bathing and beauty brand).
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