Walgreens Boots Alliance, Inc. (NASDAQ:WBA) Position Trimmed by Quilter Plc

Quilter Plc lowered its stake in Walgreens Boots Alliance, Inc. (NASDAQ:WBA - Free Report) by 55.7% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 21,118 shares of the pharmacy operator's stock after selling 26,599 shares during the period. Quilter Plc's holdings in Walgreens Boots Alliance were worth $236,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of the stock. Riverview Trust Co lifted its stake in Walgreens Boots Alliance by 123.8% in the 4th quarter. Riverview Trust Co now owns 2,874 shares of the pharmacy operator's stock worth $27,000 after acquiring an additional 1,590 shares in the last quarter. Colonial Trust Co SC boosted its holdings in shares of Walgreens Boots Alliance by 79.5% during the fourth quarter. Colonial Trust Co SC now owns 2,928 shares of the pharmacy operator's stock worth $27,000 after purchasing an additional 1,297 shares during the period. Sentry Investment Management LLC purchased a new position in Walgreens Boots Alliance during the first quarter valued at approximately $27,000. Curat Global LLC acquired a new position in Walgreens Boots Alliance in the 1st quarter valued at approximately $27,000. Finally, Venturi Wealth Management LLC purchased a new stake in Walgreens Boots Alliance in the 4th quarter worth approximately $28,000. 58.59% of the stock is owned by institutional investors.

Walgreens Boots Alliance Price Performance

NASDAQ:WBA opened at $11.38 on Friday. The company has a debt-to-equity ratio of 0.92, a current ratio of 0.61 and a quick ratio of 0.32. Walgreens Boots Alliance, Inc. has a one year low of $8.08 and a one year high of $13.25. The company has a fifty day moving average price of $11.20 and a 200 day moving average price of $10.82. The stock has a market cap of $9.85 billion, a P/E ratio of -1.70, a PEG ratio of 1.34 and a beta of 0.78.

Walgreens Boots Alliance (NASDAQ:WBA - Get Free Report) last announced its quarterly earnings data on Thursday, June 26th. The pharmacy operator reported $0.38 EPS for the quarter, beating analysts' consensus estimates of $0.34 by $0.04. Walgreens Boots Alliance had a negative net margin of 3.80% and a positive return on equity of 16.39%. During the same quarter last year, the company earned $0.63 earnings per share. Walgreens Boots Alliance's revenue for the quarter was up 7.2% compared to the same quarter last year. Analysts anticipate that Walgreens Boots Alliance, Inc. will post 1.6 earnings per share for the current year.

Analyst Ratings Changes

WBA has been the topic of a number of research reports. Deutsche Bank Aktiengesellschaft downgraded shares of Walgreens Boots Alliance from a "hold" rating to a "sell" rating and dropped their price target for the stock from $11.00 to $9.00 in a research note on Friday, February 28th. Wall Street Zen initiated coverage on shares of Walgreens Boots Alliance in a research note on Wednesday, May 21st. They issued a "hold" rating for the company. Morgan Stanley restated an "underweight" rating on shares of Walgreens Boots Alliance in a research note on Thursday. Finally, UBS Group reaffirmed a "neutral" rating on shares of Walgreens Boots Alliance in a research note on Thursday. Four research analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average target price of $10.59.

Insider Transactions at Walgreens Boots Alliance

In other Walgreens Boots Alliance news, Chairman Stefano Pessina purchased 832,258 shares of the business's stock in a transaction on Sunday, April 27th. The stock was purchased at an average price of $11.01 per share, for a total transaction of $9,163,160.58. Following the completion of the purchase, the chairman now directly owns 145,621,079 shares in the company, valued at approximately $1,603,288,079.79. This trade represents a 0.57% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 17.50% of the stock is owned by 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.

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