Capital Investment Services of America Inc. cut its position in shares of Walgreens Boots Alliance Inc (NASDAQ:WBA) by 1.7% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 11,326 shares of the pharmacy operator’s stock after selling 200 shares during the period. Capital Investment Services of America Inc.’s holdings in Walgreens Boots Alliance were worth $941,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in WBA. Price T Rowe Associates Inc. MD increased its stake in shares of Walgreens Boots Alliance by 35.1% in the third quarter. Price T Rowe Associates Inc. MD now owns 39,319,406 shares of the pharmacy operator’s stock worth $3,169,931,000 after buying an additional 10,206,621 shares during the last quarter. State Street Corp increased its stake in shares of Walgreens Boots Alliance by 1.5% in the fourth quarter. State Street Corp now owns 36,935,100 shares of the pharmacy operator’s stock worth $3,056,752,000 after buying an additional 553,472 shares during the last quarter. Capital World Investors increased its stake in shares of Walgreens Boots Alliance by 1.3% in the third quarter. Capital World Investors now owns 19,887,303 shares of the pharmacy operator’s stock worth $1,603,314,000 after buying an additional 262,188 shares during the last quarter. BlackRock Fund Advisors increased its stake in shares of Walgreens Boots Alliance by 3.3% in the third quarter. BlackRock Fund Advisors now owns 10,356,853 shares of the pharmacy operator’s stock worth $834,969,000 after buying an additional 331,571 shares during the last quarter. Finally, Viking Global Investors LP increased its stake in shares of Walgreens Boots Alliance by 562.8% in the fourth quarter. Viking Global Investors LP now owns 7,899,951 shares of the pharmacy operator’s stock worth $653,800,000 after buying an additional 6,708,040 shares during the last quarter. 59.98% of the stock is currently owned by institutional investors and hedge funds.

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

Shares of Walgreens Boots Alliance Inc (NASDAQ:WBA) traded up 0.018% during midday trading on Friday, reaching $84.155. The company’s stock had a trading volume of 1,352,071 shares. The company has a market capitalization of $90.97 billion, a P/E ratio of 21.634 and a beta of 1.20. The stock has a 50 day moving average of $83.93 and a 200-day moving average of $83.21. Walgreens Boots Alliance Inc has a 1-year low of $75.74 and a 1-year high of $88.00.



Walgreens Boots Alliance (NASDAQ:WBA) last released its quarterly earnings results on Wednesday, April 5th. The pharmacy operator reported $1.36 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $1.36. The company earned $29.45 billion during the quarter, compared to analysts’ expectations of $30.17 billion. Walgreens Boots Alliance had a net margin of 3.52% and a return on equity of 16.76%. The business’s quarterly revenue was down 2.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.31 earnings per share. On average, equities research analysts anticipate that Walgreens Boots Alliance Inc will post $4.98 earnings per share for the current year.

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A number of equities analysts have issued reports on WBA shares. Deutsche Bank AG reiterated a “buy” rating and set a $88.00 price target on shares of Walgreens Boots Alliance in a research report on Friday, January 6th. Wells Fargo & Co reiterated an “outperform” rating on shares of Walgreens Boots Alliance in a research report on Tuesday, January 31st. Zacks Investment Research downgraded Walgreens Boots Alliance from a “buy” rating to a “hold” rating in a research report on Tuesday, January 31st. Jefferies Group LLC reiterated a “buy” rating and set a $95.00 price target on shares of Walgreens Boots Alliance in a research report on Friday, January 6th. Finally, Evercore ISI reissued a “buy” rating and set a $93.00 target price on shares of Walgreens Boots Alliance in a report on Tuesday, January 31st. One analyst has rated the stock with a sell rating, four have issued a hold rating and eleven have assigned a buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of $91.77.

In other Walgreens Boots Alliance news, COO Ornella Barra bought 124,000 shares of Walgreens Boots Alliance stock in a transaction that occurred on Tuesday, February 7th. The stock was acquired at an average price of $80.93 per share, for a total transaction of $10,035,320.00. Following the completion of the acquisition, the chief operating officer now owns 1,690,336 shares of the company’s stock, valued at approximately $136,798,892.48. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Janice M. Babiak bought 600 shares of Walgreens Boots Alliance stock in a transaction that occurred on Thursday, February 2nd. The shares were acquired at an average price of $80.68 per share, with a total value of $48,408.00. Following the acquisition, the director now directly owns 600 shares of the company’s stock, valued at approximately $48,408. The disclosure for this purchase can be found here. 13.50% of the stock is owned by corporate insiders.

About Walgreens Boots Alliance

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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