CHICAGO TRUST Co NA trimmed its holdings in Walgreens Boots Alliance, Inc. (NASDAQ:WBA – Free Report) by 22.3% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 22,278 shares of the pharmacy operator’s stock after selling 6,400 shares during the period. CHICAGO TRUST Co NA’s holdings in Walgreens Boots Alliance were worth $208,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Strategic Investment Solutions Inc. IL purchased a new position in shares of Walgreens Boots Alliance during the 2nd quarter worth $34,000. TD Private Client Wealth LLC lifted its position in Walgreens Boots Alliance by 8,670.3% in the third quarter. TD Private Client Wealth LLC now owns 3,245 shares of the pharmacy operator’s stock valued at $29,000 after buying an additional 3,208 shares during the last quarter. Sentry Investment Management LLC purchased a new position in Walgreens Boots Alliance during the third quarter worth about $30,000. Elkhorn Partners Limited Partnership increased its position in shares of Walgreens Boots Alliance by 250.0% during the second quarter. Elkhorn Partners Limited Partnership now owns 3,500 shares of the pharmacy operator’s stock valued at $42,000 after acquiring an additional 2,500 shares during the last quarter. Finally, Eastern Bank purchased a new stake in shares of Walgreens Boots Alliance in the 3rd quarter valued at approximately $33,000. Institutional investors and hedge funds own 58.59% of the company’s stock.
Walgreens Boots Alliance Price Performance
Shares of WBA opened at $11.90 on Tuesday. The firm has a market capitalization of $10.28 billion, a price-to-earnings ratio of -1.19, a PEG ratio of 1.36 and a beta of 0.64. The firm’s fifty day simple moving average is $9.31 and its 200-day simple moving average is $9.81. Walgreens Boots Alliance, Inc. has a twelve month low of $8.08 and a twelve month high of $23.76. The company has a current ratio of 0.68, a quick ratio of 0.37 and a debt-to-equity ratio of 0.67.
Walgreens Boots Alliance Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Thursday, December 12th. Investors of record on Monday, November 18th were issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 8.40%. The ex-dividend date was Monday, November 18th. Walgreens Boots Alliance’s dividend payout ratio (DPR) is -9.77%.
Analyst Ratings Changes
WBA has been the subject of several research reports. Jefferies Financial Group dropped their target price on shares of Walgreens Boots Alliance from $19.00 to $9.00 and set a “hold” rating for the company in a report on Wednesday, October 23rd. Bank of America lifted their price objective on Walgreens Boots Alliance from $7.50 to $8.50 and gave the company an “underperform” rating in a research note on Monday. TD Cowen lowered their target price on Walgreens Boots Alliance from $16.00 to $14.00 and set a “buy” rating for the company in a report on Tuesday, October 22nd. UBS Group lifted their target price on Walgreens Boots Alliance from $9.00 to $10.00 and gave the company a “neutral” rating in a research report on Thursday, October 17th. Finally, Royal Bank of Canada reduced their price target on shares of Walgreens Boots Alliance from $13.00 to $9.00 and set a “sector perform” rating on the stock in a research report on Wednesday, December 4th. Four investment analysts have rated the stock with a sell rating, nine have issued a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $12.81.
View Our Latest Research Report on WBA
Walgreens Boots Alliance Company Profile
Walgreens Boots Alliance, Inc operates as a healthcare, pharmacy, and retail company in the United States, the United Kingdom, Germany, and internationally. It operates through three segments: U.S. Retail Pharmacy, International, and U.S. Healthcare. The U.S. Retail Pharmacy segment engages in operation of the retail drugstores, health and wellness services, specialty, and home delivery pharmacy services, which offers health and wellness, beauty, personal care and consumables, and general merchandise.
Read More
- Five stocks we like better than Walgreens Boots Alliance
- Do Real Estate Investment Trusts Deserve a Place in Your Portfolio?
- 2 Stocks to Gain From Trump Universal Tariffs on Critical Imports
- What is the S&P/TSX Index?
- Rigetti Computing, Inc.: Buy, Sell, or Hold for 2025
- Why Understanding Call Option Volume is Essential to Successful Options Trading
- Delta Can Fly to New Highs in 2025; Here’s Why
Want to see what other hedge funds are holding WBA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Walgreens Boots Alliance, Inc. (NASDAQ:WBA – Free Report).
Receive News & Ratings for Walgreens Boots Alliance Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Walgreens Boots Alliance and related companies with MarketBeat.com's FREE daily email newsletter.