Sciencast Management LP Lowers Stake in Walgreens Boots Alliance Inc (WBA)

Andrew Cummings
December 7, 2017

Wellington Management Group LLP lifted its stake in Walgreens Boots Alliance by 5.9% in the 1st quarter. While talking about Performance of the Stock, Walgreens Boots Alliance, Inc. now has a Weekly performance of -2.85%, monthly performance percentage is 4.95 percent, Quarterly performance is -14.16 percent, 6 months performance shows a percent value of -13.85% and Yearly Performance is -17.44 percent. Franklin Resources Inc. now owns 18,502,701 shares of the pharmacy operator's stock valued at $1,448,939,000 after acquiring an additional 3,662,302 shares during the period. Finally, Intl Fcstone Inc. purchased a new stake in Walgreens Boots Alliance during the 2nd quarter worth about $1,156,000. WBA's financial leverage ratio is 1.36, which indicates that the company's asset base is primarily funded by equity capital. The rating was initiated by Citigroup with "Buy" on Friday, October 2. However, the institutional investors are observed to own 62.20% of the total shares. The shares were sold at an average price of $67.37, for a total value of $184,324.32. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. This means that analysts are more bullish on the outlook for DISCA stocks. If a stock does not have good liquidity then it may take some time before a broker is able to negotiate a deal to buy or sell a stock and the broker may not be able to get the sell or buy price that the trader is looking for. Following the transaction, the director now directly owns 16,415 shares in the company, valued at $1,105,878.55. Genovese Burford & Brothers Wealth & Retirement Plan Management LLC now owns 149,961 shares of the pharmacy operator's stock worth $150,000 after buying an additional 148,149 shares during the period. When analyzing at performance throughout recent 6 months we have seen that Walgreens Boots Alliance, Inc. Walgreens Boots Alliance Inc has a twelve month low of $63.82 and a twelve month high of $88.00. (NASDAQ:WBA) posted quarterly earnings of $1.31 which compared to the sell-side estimates of 1.27. That's a potential 21.06 gain from where (NASDAQ:WBA) has been trading recently.

The company reported its last earnings Actual EPS of $1.31/share. The business had revenue of $30.15 billion for the quarter, compared to analysts' expectations of $29.93 billion.

The average 1-year price target for Opko Health, Inc. After having $1.31 EPS previously, Walgreens Boots Alliance, Inc.'s analysts see -3.82% EPS growth. This repurchase authorization allows the pharmacy operator to buy shares of its stock through open market purchases. Stock buyback programs are generally a sign that the company's management believes its stock is undervalued. It is meant to chart the current and historical strength or weakness of a stock or market based on the closing prices of a recent trading period. Shareholders of record on Monday, November 13th will be given a dividend of $0.40 per share. This represents a $1.50 dividend on an annualized basis and a yield of 1.81%. The company has a payout ratio of 39.50%. This is the consensus earnings per share number according to data from Zack's Research. Loop Capital set a $90.00 price target on Walgreens Boots Alliance and gave the stock a "buy" rating in a report on Thursday, October 26th. The company was maintained on Thursday, June 22 by RBC Capital Markets. Price Target plays a critical role when it comes to the analysis of a Stock. WBA has a net profit margin of 3.40% and is more profitable than the average company in the Drug Stores industry. Deutsche Bank assumed coverage on Walgreens Boots Alliance in a research note on Monday. The stock has "Equal-Weight" rating by Barclays Capital on Thursday, March 10. Finally, BidaskClub cut Walgreens Boots Alliance from a "hold" rating to a "sell" rating in a report on Tuesday, September 12th. Credit Suisse maintained Walgreens Boots Alliance, Inc. If you are viewing this piece of content on another site, it was illegally stolen and reposted in violation of USA and global copyright and trademark law.

Now we will discuss the financial strength of Walgreens Boots Alliance, Inc.

Past 5 years growth of WBA observed at 9.40%, and for the next five years the analysts that follow this company is expecting its growth at 15.40%.

"We have had a presence in China for around 10 years, initially through Alliance Boots, and we are excited about the opportunity to further invest in the country's fast growing retail pharmacy sector", he added. (NasdaqGS:WBA) is 9.937702. This ratio is calculated by dividing the market value of a company by cash from operating activities.

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