Walgreens Boots Alliance, Inc. (NASDAQ:WBA) Shares Acquired by Oak Thistle LLC

Oak Thistle LLC raised its holdings in Walgreens Boots Alliance, Inc. (NASDAQ:WBA - Free Report) by 399.4% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 59,625 shares of the pharmacy operator's stock after purchasing an additional 47,686 shares during the period. Oak Thistle LLC's holdings in Walgreens Boots Alliance were worth $666,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of the business. KLP Kapitalforvaltning AS lifted its holdings in shares of Walgreens Boots Alliance by 13.4% in the first quarter. KLP Kapitalforvaltning AS now owns 708,789 shares of the pharmacy operator's stock valued at $7,917,000 after purchasing an additional 83,600 shares in the last quarter. Y Intercept Hong Kong Ltd boosted its stake in shares of Walgreens Boots Alliance by 95.4% during the 1st quarter. Y Intercept Hong Kong Ltd now owns 29,904 shares of the pharmacy operator's stock worth $334,000 after purchasing an additional 14,602 shares during the last quarter. Choreo LLC boosted its stake in shares of Walgreens Boots Alliance by 2.0% during the 1st quarter. Choreo LLC now owns 113,167 shares of the pharmacy operator's stock worth $1,264,000 after purchasing an additional 2,235 shares during the last quarter. Tabor Asset Management LP acquired a new stake in shares of Walgreens Boots Alliance during the 1st quarter worth about $1,881,000. Finally, HighPoint Advisor Group LLC boosted its stake in shares of Walgreens Boots Alliance by 26.9% during the 1st quarter. HighPoint Advisor Group LLC now owns 92,262 shares of the pharmacy operator's stock worth $1,008,000 after purchasing an additional 19,551 shares during the last quarter. Hedge funds and other institutional investors own 58.59% of the company's stock.

Analyst Ratings Changes

Several equities research analysts have issued reports on the stock. Wall Street Zen assumed coverage on shares of Walgreens Boots Alliance in a research note on Wednesday, May 21st. They set a "hold" rating on the stock. Morgan Stanley reaffirmed an "underweight" rating on shares of Walgreens Boots Alliance in a research note on Thursday, June 26th. Finally, UBS Group reaffirmed a "neutral" rating on shares of Walgreens Boots Alliance in a research note on Thursday, June 26th. Four research analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have given a buy rating to the company. According to data from MarketBeat, the company has an average rating of "Hold" and an average target price of $10.59.

Walgreens Boots Alliance Trading Up 0.1%

NASDAQ WBA traded up $0.02 during mid-day trading on Monday, hitting $11.63. The company's stock had a trading volume of 2,811,564 shares, compared to its average volume of 16,417,072. Walgreens Boots Alliance, Inc. has a 52-week low of $8.08 and a 52-week high of $13.25. The stock's fifty day simple moving average is $11.39 and its two-hundred day simple moving average is $11.12. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.60 and a quick ratio of 0.32. The firm has a market capitalization of $10.06 billion, a P/E ratio of -1.59, a price-to-earnings-growth ratio of 1.36 and a beta of 0.78.

Walgreens Boots Alliance (NASDAQ:WBA - Get Free Report) last posted its quarterly earnings data 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 analyst estimates of $36.72 billion. Walgreens Boots Alliance had a negative net margin of 4.07% and a positive return on equity of 17.66%. The business's quarterly revenue was up 7.2% on a year-over-year basis. During the same quarter last year, the firm posted $0.63 earnings per share. Research analysts expect that Walgreens Boots Alliance, Inc. will post 1.6 EPS for the current year.

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.