Nisa Investment Advisors LLC Has $742,000 Position in Walgreens Boots Alliance, Inc. (NASDAQ:WBA)

Nisa Investment Advisors LLC boosted its stake in shares of Walgreens Boots Alliance, Inc. (NASDAQ:WBA - Free Report) by 199.0% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 66,463 shares of the pharmacy operator's stock after buying an additional 44,231 shares during the quarter. Nisa Investment Advisors LLC's holdings in Walgreens Boots Alliance were worth $742,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Twelve Points Wealth Management LLC boosted its stake in shares of Walgreens Boots Alliance by 4.5% in the first quarter. Twelve Points Wealth Management LLC now owns 27,837 shares of the pharmacy operator's stock valued at $311,000 after purchasing an additional 1,199 shares during the period. Greenleaf Trust boosted its stake in shares of Walgreens Boots Alliance by 30.4% in the first quarter. Greenleaf Trust now owns 20,526 shares of the pharmacy operator's stock valued at $229,000 after purchasing an additional 4,788 shares during the period. DekaBank Deutsche Girozentrale boosted its stake in shares of Walgreens Boots Alliance by 4.2% in the first quarter. DekaBank Deutsche Girozentrale now owns 141,669 shares of the pharmacy operator's stock valued at $1,561,000 after purchasing an additional 5,656 shares during the period. M&T Bank Corp boosted its stake in shares of Walgreens Boots Alliance by 13.3% in the first quarter. M&T Bank Corp now owns 239,801 shares of the pharmacy operator's stock valued at $2,679,000 after purchasing an additional 28,170 shares during the period. Finally, Bank Hapoalim BM purchased a new position in shares of Walgreens Boots Alliance in the first quarter valued at approximately $570,000. Hedge funds and other institutional investors own 58.59% of the company's stock.

Walgreens Boots Alliance Stock Performance

WBA traded down $0.02 during trading hours on Friday, hitting $11.49. 5,206,067 shares of the stock were exchanged, compared to its average volume of 19,071,961. The stock has a 50-day simple moving average of $11.36 and a 200-day simple moving average of $11.02. Walgreens Boots Alliance, Inc. has a 12 month low of $8.08 and a 12 month high of $13.25. The stock has a market cap of $9.95 billion, a price-to-earnings ratio of -1.58, a price-to-earnings-growth ratio of 1.35 and a beta of 0.78. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.60 and a quick ratio of 0.32.

Walgreens Boots Alliance (NASDAQ:WBA - Get Free Report) last posted its earnings results on Thursday, June 26th. The pharmacy operator reported $0.38 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.34 by $0.04. The company had revenue of $38.99 billion for the quarter, compared to analysts' expectations of $36.72 billion. Walgreens Boots Alliance had a positive return on equity of 17.66% and a negative net margin of 4.07%. The firm's quarterly revenue was up 7.2% compared to the same quarter last year. During the same period last year, the business posted $0.63 earnings per share. Analysts anticipate that Walgreens Boots Alliance, Inc. will post 1.6 earnings per share for the current year.

Analyst Upgrades and Downgrades

WBA has been the topic of a number of research analyst reports. UBS Group reissued a "neutral" rating on shares of Walgreens Boots Alliance in a report on Thursday, June 26th. Morgan Stanley reissued an "underweight" rating on shares of Walgreens Boots Alliance in a report on Thursday, June 26th. Finally, Wall Street Zen initiated coverage on shares of Walgreens Boots Alliance in a report on Wednesday, May 21st. They issued a "hold" rating on the stock. Four equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and two have given a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Hold" and an average target price of $10.59.

Insider Buying and Selling at Walgreens Boots Alliance

In other Walgreens Boots Alliance news, Chairman Stefano Pessina acquired 832,258 shares of the firm's stock in a transaction on Sunday, April 27th. The stock was purchased at an average cost of $11.01 per share, for a total transaction of $9,163,160.58. Following the transaction, the chairman owned 145,621,079 shares of the company's stock, valued at $1,603,288,079.79. The trade was a 0.57% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 17.50% of the stock is owned by company insiders.

Walgreens Boots Alliance 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.