Walgreens Boots Alliance, Inc. (NASDAQ:WBA) Stock Holdings Boosted by Sawtooth Solutions LLC

Sawtooth Solutions LLC lifted its position in shares of Walgreens Boots Alliance, Inc. (NASDAQ:WBA) by 13.2% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 8,108 shares of the pharmacy operator’s stock after acquiring an additional 943 shares during the period. Sawtooth Solutions LLC’s holdings in Walgreens Boots Alliance were worth $381,000 as of its most recent filing with the SEC.

Other institutional investors have also recently added to or reduced their stakes in the company. Strategic Blueprint LLC bought a new position in shares of Walgreens Boots Alliance during the second quarter worth about $38,000. Newbridge Financial Services Group Inc. bought a new position in Walgreens Boots Alliance in the 2nd quarter valued at about $40,000. Centerpoint Advisors LLC grew its position in Walgreens Boots Alliance by 38.7% in the 3rd quarter. Centerpoint Advisors LLC now owns 986 shares of the pharmacy operator’s stock valued at $46,000 after buying an additional 275 shares in the last quarter. Strategic Asset Management LLC bought a new position in Walgreens Boots Alliance in the 3rd quarter valued at about $66,000. Finally, Arlington Partners LLC bought a new position in Walgreens Boots Alliance in the 3rd quarter valued at about $74,000. Institutional investors and hedge funds own 55.33% of the company’s stock.

A number of brokerages recently issued reports on WBA. Credit Suisse Group reiterated a “hold” rating and issued a $48.00 target price on shares of Walgreens Boots Alliance in a research report on Friday, September 24th. Mizuho increased their target price on shares of Walgreens Boots Alliance from $51.00 to $56.00 in a research report on Monday, January 10th. Truist Securities increased their target price on shares of Walgreens Boots Alliance from $52.00 to $56.00 and gave the company a “hold” rating in a research report on Friday, October 15th. Zacks Investment Research raised shares of Walgreens Boots Alliance from a “sell” rating to a “hold” rating and set a $56.00 price target for the company in a report on Tuesday, January 4th. Finally, TheStreet raised shares of Walgreens Boots Alliance from a “c+” rating to a “b-” rating in a report on Monday, January 3rd. One analyst has rated the stock with a sell rating, eleven have assigned a hold rating and one has assigned a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $54.53.

In other news, Director Nancy M. Schlichting sold 2,725 shares of the company’s stock in a transaction dated Friday, November 19th. The stock was sold at an average price of $47.16, for a total value of $128,511.00. The sale was disclosed in a filing with the SEC, which is accessible through this link. 17.40% of the stock is owned by corporate insiders.

WBA stock opened at $54.30 on Friday. The company has a current ratio of 0.83, a quick ratio of 0.44 and a debt-to-equity ratio of 0.37. Walgreens Boots Alliance, Inc. has a one year low of $43.62 and a one year high of $57.05. The firm has a market capitalization of $46.88 billion, a PE ratio of 7.32, a P/E/G ratio of 2.38 and a beta of 0.56. The firm has a 50-day moving average of $49.67 and a two-hundred day moving average of $48.78.

Walgreens Boots Alliance (NASDAQ:WBA) last posted its quarterly earnings data on Thursday, January 6th. The pharmacy operator reported $1.68 EPS for the quarter, beating analysts’ consensus estimates of $1.35 by $0.33. Walgreens Boots Alliance had a net margin of 4.76% and a return on equity of 20.28%. The company had revenue of $33.90 billion during the quarter, compared to analyst estimates of $32.87 billion. During the same period in the prior year, the firm earned $1.22 earnings per share. The business’s quarterly revenue was down 6.6% on a year-over-year basis. On average, equities research analysts anticipate that Walgreens Boots Alliance, Inc. will post 5.05 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which was paid on Friday, December 10th. Stockholders of record on Monday, November 15th were issued a $0.477 dividend. The ex-dividend date was Friday, November 12th. This represents a $1.91 dividend on an annualized basis and a dividend yield of 3.51%. Walgreens Boots Alliance’s dividend payout ratio is 25.74%.

Walgreens Boots Alliance Profile

Walgreens Boots Alliance, Inc engages in the provision of drug store services. It operates through the following segments: Retail Pharmacy USA and Retail Pharmacy International. The Retail Pharmacy USA segment consists of the Walgreens business, which includes the operation of retail drugstores, health and wellness services, and mail and central specialty pharmacy services.

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

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