Economy

Walgreens Boots Alliance Inc (NASDAQ:WBA) Holdings Lowered by CQS Cayman LP

Walgreens Boots Alliance Inc (NASDAQ:WBA) Holdings Lowered by CQS Cayman LP

COPYRIGHT VIOLATION NOTICE: "Walgreens Boots Alliance Inc (WBA) Holdings Trimmed by Sprucegrove Investment Management Ltd." was published by TrueBlueTribune and is the sole property of of TrueBlueTribune.

Deerfield, Illinois-based Walgreens, said in a Wednesday statement that it would invest $418 million in Sinopharm Holding Guoda Drugstores Co., a subsidiary of China National Accord Medicines Corp. that has operated retail pharmacies across China since 2004. In this case performance of tends to percentage rate of return for a stock for a given time frame. Commonwealth Bank of Australia raised its stake in Walgreens Boots Alliance by 139.5% during the second quarter. The firm's quarterly revenue was up 5.3% compared to the same quarter last year. equities analysts predict that Walgreens Boots Alliance will post 5.55 earnings per share for the current fiscal year. Simmons Bank now owns 7,461 shares of the pharmacy operator's stock worth $601,000 after buying an additional 893 shares during the last quarter. Profitability ratios compare different accounts to see how efficiently a business is generating profits. The stock increased 1.25% or $0.88 during the last trading session, reaching $71.06. Institutional investors own 59.98% of the company's stock.

Shares of Walgreens Boots Alliance Inc (NASDAQ:WBA) have received an average rating of "Buy" from the twenty-four ratings firms that are now covering the stock, MarketBeat Ratings reports. The average investment recommendation for WBA, taken from a group of Wall Street Analysts, is 2.20, or a buy. Franklin Resources Inc. grew its position in shares of Walgreens Boots Alliance by 24.7% during the 2nd quarter. It is also calculated by a change in gearing or leverage, liquidity, and change in shares in issue. Shares of OPK have downtrended -20.13% in the past three months, while the S&P 500 has moved -25% in that time. WBA's profit would be $1.25 billion giving it 13.92 P/E if the $1.26 EPS is correct. Walgreens Boots Alliance, Inc.'s P/E ratio is 18.58.

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Walgreens Boots Alliance, Inc (Walgreens Boots Alliance) is a holding company. This is an increase of approximately 496% compared to the average daily volume of 167 call options.

(NASDAQ:WBA) is -0.45% away from the 20-Day Simple Moving Average. The pharmacy operator reported $1.36 EPS for the quarter, meeting the Thomson Reuters' consensus estimate of $1.36.

The Q.i. Value of Walgreens Boots Alliance, Inc. The firm had revenue of $30.15 billion for the quarter, compared to analysts' expectations of $29.93 billion. They expect $1.25 EPS, down 28.98% or $0.51 from last year's $1.76 per share. The business's revenue for the quarter was down 2.4% compared to the same quarter previous year. Calculated by dividing Walgreens Boots Alliance, Inc.'s annual earnings by its total assets, investors will note a return on assets of 5.70%. Shareholders of record on Monday, November 13th will be paid a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 2.25%. The ex-dividend date of this dividend is Friday, November 10th. Walgreens Boots Alliance's payout ratio is now 42.33%. A number of research analysts have recently commented on the stock. Finally, Loop Capital set a $90.00 price objective on shares of Walgreens Boots Alliance and gave the company a "buy" rating in a research note on Thursday, October 26th. UBS reissued a "buy" rating and set a $96.00 target price (down previously from $97.00) on shares of Walgreens Boots Alliance in a report on Wednesday, August 23rd. Walgreens Boots Alliance, Inc. Pivotal Research began coverage on shares of Walgreens Boots Alliance in a report on Tuesday, April 4th. Finally, Atlantic Securities raised shares of Walgreens Boots Alliance from a "neutral" rating to an "overweight" rating and set a $95.00 price objective for the company in a report on Monday, February 6th. A 4 analysts rate it as either a buy or a strong buy, while0 believe that investors should either steer clear of OPK or, if they already own its stock, sell it. BidaskClub raised Walgreens Boots Alliance from a "sell" rating to a "hold" rating in a report on Wednesday, August 30th. WBA's SI was 21.22M shares in December as released by FINRA. The shares were sold at an average price of $67.37, for a total value of $184,324.32. A ratio under 1 points out that the company's liabilities are higher than its assets and indicates that the company may be unable to pay off its obligations when they fall short. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Following the sale, the director now directly owns 16,415 shares in the company, valued at $1,105,878.55. Vanguard Group Inc. grew its position in shares of Walgreens Boots Alliance by 2.8% during the 2nd quarter. S&P Research maintained Walgreens Boots Alliance, Inc.