CHICAGO TRUST Co NA cut its position in shares of Walgreens Boots Alliance Inc. (NASDAQ:WBA) by 34.0% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 33,019 shares of the pharmacy operator’s stock after selling 16,990 shares during the period. Walgreens Boots Alliance makes up 1.2% of CHICAGO TRUST Co NA’s holdings, making the stock its 27th largest position. CHICAGO TRUST Co NA’s holdings in Walgreens Boots Alliance were worth $2,662,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Thomaspartners Inc. raised its position in shares of Walgreens Boots Alliance by 0.4% in the second quarter. Thomaspartners Inc. now owns 4,337 shares of the pharmacy operator’s stock valued at $361,000 after buying an additional 18 shares during the period. First Citizens Bank & Trust Co. increased its stake in shares of Walgreens Boots Alliance by 0.9% in the second quarter. First Citizens Bank & Trust Co. now owns 2,470 shares of the pharmacy operator’s stock worth $206,000 after buying an additional 21 shares during the last quarter. Blue Chip Partners Inc. increased its stake in shares of Walgreens Boots Alliance by 0.4% in the second quarter. Blue Chip Partners Inc. now owns 6,633 shares of the pharmacy operator’s stock worth $552,000 after buying an additional 24 shares during the last quarter. Cobiz Investment Management LLC increased its stake in shares of Walgreens Boots Alliance by 0.3% in the third quarter. Cobiz Investment Management LLC now owns 7,423 shares of the pharmacy operator’s stock worth $598,000 after buying an additional 25 shares during the last quarter. Finally, Atlanta Capital Group increased its stake in shares of Walgreens Boots Alliance by 1.1% in the second quarter. Atlanta Capital Group now owns 4,088 shares of the pharmacy operator’s stock worth $340,000 after buying an additional 45 shares during the last quarter. 58.93% of the stock is owned by institutional investors.

Institutional Ownership by Quarter for Walgreens Boots Alliance (NASDAQ:WBA)

Shares of Walgreens Boots Alliance Inc. (NASDAQ:WBA) traded up 0.21% during mid-day trading on Tuesday, hitting $85.53. The company’s stock had a trading volume of 3,686,831 shares. The stock has a 50-day moving average of $81.44 and a 200-day moving average of $81.10. Walgreens Boots Alliance Inc. has a 12-month low of $71.50 and a 12-month high of $87.05. The company has a market cap of $92.65 billion, a PE ratio of 22.39 and a beta of 1.19.

Walgreens Boots Alliance (NASDAQ:WBA) last posted its quarterly earnings results on Thursday, October 20th. The pharmacy operator reported $1.07 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.99 by $0.08. Walgreens Boots Alliance had a return on equity of 16.33% and a net margin of 3.56%. The firm had revenue of $28.60 billion for the quarter, compared to the consensus estimate of $29.06 billion. During the same period in the previous year, the business earned $0.88 earnings per share. The company’s revenue for the quarter was up .4% compared to the same quarter last year. On average, equities research analysts forecast that Walgreens Boots Alliance Inc. will post $5.01 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 12th. Stockholders of record on Thursday, November 17th will be given a $0.375 dividend. The ex-dividend date of this dividend is Tuesday, November 15th. This represents a $1.50 annualized dividend and a dividend yield of 1.75%. Walgreens Boots Alliance’s dividend payout ratio is currently 39.27%.

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A number of equities analysts recently issued reports on the stock. Jefferies Group set a $95.00 price objective on shares of Walgreens Boots Alliance and gave the stock a “buy” rating in a report on Sunday, October 23rd. Bank of America Corp. reiterated a “buy” rating and set a $94.00 price objective on shares of Walgreens Boots Alliance in a research report on Tuesday, August 30th. Barclays PLC set a $79.00 price objective on shares of Walgreens Boots Alliance and gave the company a “hold” rating in a research report on Friday, October 21st. Leerink Swann set a $90.00 price objective on shares of Walgreens Boots Alliance and gave the company a “buy” rating in a research report on Tuesday, November 8th. Finally, Deutsche Bank AG restated a “buy” rating and issued a $88.00 price target on shares of Walgreens Boots Alliance in a research report on Thursday, November 10th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and thirteen have issued a buy rating to the company. The company has a consensus rating of “Buy” and a consensus target price of $90.30.

In related news, EVP Kathleen Wilson-Thompson sold 23,996 shares of the company’s stock in a transaction on Thursday, September 8th. The stock was sold at an average price of $85.00, for a total value of $2,039,660.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director William C. Foote sold 2,067 shares of the company’s stock in a transaction on Wednesday, November 2nd. The shares were sold at an average price of $81.30, for a total value of $168,047.10. Following the completion of the transaction, the director now owns 24,623 shares of the company’s stock, valued at $2,001,849.90. The disclosure for this sale can be found here. 21.10% of the stock is owned by insiders.

Walgreens Boots Alliance Company Profile

Walgreens Boots Alliance, Inc (Walgreens Boots Alliance) is a holding company. The Company is a global pharmacy-led, health and wellbeing enterprise. Walgreens Boots Alliance operates through three divisions, including Retail Pharmacy USA, Retail Pharmacy International and Pharmaceutical Wholesale. The Company’s products are marketed under a number of brands, which include No7, the Botanics range, Almus (generic medicines), Boots Pharmaceuticals and Soap & Glory (bathing and beauty brand).

5 Day Chart for NASDAQ:WBA

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