Prospera Financial Services Inc Invests $210,000 in Walgreens Boots Alliance Inc (WBA) Stock

Prospera Financial Services Inc purchased a new stake in shares of Walgreens Boots Alliance Inc (NASDAQ:WBA) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 3,127 shares of the pharmacy operator’s stock, valued at approximately $210,000.

Other hedge funds also recently made changes to their positions in the company. Summit Trail Advisors LLC increased its position in shares of Walgreens Boots Alliance by 5,702.1% in the first quarter. Summit Trail Advisors LLC now owns 170,291 shares of the pharmacy operator’s stock valued at $170,000 after buying an additional 167,356 shares in the last quarter. Principal Financial Group Inc. increased its position in shares of Walgreens Boots Alliance by 0.3% in the first quarter. Principal Financial Group Inc. now owns 1,337,735 shares of the pharmacy operator’s stock valued at $87,581,000 after buying an additional 3,623 shares in the last quarter. Private Trust Co. NA increased its position in shares of Walgreens Boots Alliance by 11.2% in the second quarter. Private Trust Co. NA now owns 27,348 shares of the pharmacy operator’s stock valued at $1,641,000 after buying an additional 2,755 shares in the last quarter. Cibc Bank USA increased its position in shares of Walgreens Boots Alliance by 30.9% in the second quarter. Cibc Bank USA now owns 7,147 shares of the pharmacy operator’s stock valued at $429,000 after buying an additional 1,688 shares in the last quarter. Finally, Cardinal Capital Management Inc. increased its position in shares of Walgreens Boots Alliance by 23.4% in the second quarter. Cardinal Capital Management Inc. now owns 223,320 shares of the pharmacy operator’s stock valued at $13,403,000 after buying an additional 42,275 shares in the last quarter. Institutional investors own 64.81% of the company’s stock.

WBA has been the subject of a number of recent analyst reports. Zacks Investment Research upgraded Walgreens Boots Alliance from a “hold” rating to a “buy” rating and set a $79.00 price objective for the company in a research report on Saturday, October 13th. Citigroup cut Walgreens Boots Alliance from a “buy” rating to a “neutral” rating and set a $69.00 price objective for the company. in a research report on Monday, July 9th. BidaskClub cut Walgreens Boots Alliance from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, August 28th. Barclays boosted their price objective on Walgreens Boots Alliance from $77.00 to $80.00 and gave the company an “equal weight” rating in a research report on Friday, October 12th. Finally, Robert W. Baird boosted their price objective on Walgreens Boots Alliance from $69.00 to $71.00 and gave the company a “neutral” rating in a research report on Friday, October 12th. One analyst has rated the stock with a sell rating, eleven have assigned a hold rating, seven have given a buy rating and two have assigned a strong buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of $78.22.



Shares of NASDAQ:WBA opened at $76.82 on Tuesday. The company has a current ratio of 0.82, a quick ratio of 0.38 and a debt-to-equity ratio of 0.47. The company has a market capitalization of $72.35 billion, a PE ratio of 12.76, a PEG ratio of 1.19 and a beta of 1.04. Walgreens Boots Alliance Inc has a 1 year low of $59.07 and a 1 year high of $80.68.

Walgreens Boots Alliance (NASDAQ:WBA) last issued its quarterly earnings results on Thursday, October 11th. The pharmacy operator reported $1.48 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.45 by $0.03. The firm had revenue of $33.44 billion for the quarter, compared to analyst estimates of $33.64 billion. Walgreens Boots Alliance had a return on equity of 21.75% and a net margin of 3.82%. Research analysts anticipate that Walgreens Boots Alliance Inc will post 6.53 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 12th. Shareholders of record on Monday, November 12th will be paid a dividend of $0.44 per share. This represents a $1.76 dividend on an annualized basis and a yield of 2.29%. The ex-dividend date is Thursday, November 8th. Walgreens Boots Alliance’s dividend payout ratio (DPR) is currently 29.24%.

In other Walgreens Boots Alliance news, Director William C. Foote sold 2,736 shares of the business’s stock in a transaction on Thursday, August 2nd. The stock was sold at an average price of $65.99, for a total transaction of $180,548.64. Following the transaction, the director now owns 10,943 shares of the company’s stock, valued at $722,128.57. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 14.80% of the company’s stock.

Walgreens Boots Alliance Company 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 general merchandise, including non-prescription drugs, beauty products, photo finishing, seasonal merchandise, greeting cards, and convenience foods through its retail drugstores and convenient care clinics.

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Institutional Ownership by Quarter for Walgreens Boots Alliance (NASDAQ:WBA)

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