Economy

IL Grows Position in Walgreens Boots Alliance Inc (NASDAQ:WBA)

IL Grows Position in Walgreens Boots Alliance Inc (NASDAQ:WBA)

(NASDAQ:WBA) is gaining traction with investors, as evidenced by its 6.3 million shares volume. Nordea Investment Management AB now owns 7,453,892 shares of the pharmacy operator's stock valued at $600,933,000 after buying an additional 7,291,172 shares during the last quarter. Welch Group LLC's holdings in Walgreens Boots Alliance were worth $427,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Finally, BlackRock Investment Management LLC increased its stake in shares of Walgreens Boots Alliance by 63.2% in the second quarter. Pathstone Family Office LLC now owns 1,179 shares of the pharmacy operator's stock worth $1,969,000 after purchasing an additional 818 shares during the period. Boyd Watterson Asset Management LLC OH now owns 37,579 shares of the pharmacy operator's stock worth $2,729,000 after purchasing an additional 8,437 shares during the last quarter. Westside Investment Management Inc. now owns 1,325 shares of the pharmacy operator's stock worth $102,000 after acquiring an additional 125 shares during the period.

Walgreens Boots Alliance (NASDAQ:WBA) last posted its quarterly earnings results on Thursday, January 5th. Northern Capital Management LLC now owns 6,635 shares of the pharmacy operator's stock valued at $520,000 after purchasing an additional 25 shares during the period.

To find out the technical position of WBA, it holds price to book ratio of 2.93 that unearth high-growth companies selling at low-growth prices, but it requires appropriate measurement approach.

In other news, Director John Anthony Lederer purchased 20,000 shares of the company's stock in a transaction dated Thursday, October 26th. As of today, the company has a SMA200 (200-day simple moving average) of -2.86 Percent. Following the completion of the purchase, the director now owns 50,000 shares of the company's stock, valued at approximately $3,350,000. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The shares were sold at an average price of $67.37, for a total transaction of $184,324.32.

Skyworks Solutions Inc. (SWKS) analysts on average have given a price target of $118.04 on SWKS stock. Shares buyback programs are typically a sign that the company's leadership believes its shares are undervalued. Following the completion of the transaction, the director now owns 16,415 shares of the company's stock, valued at $1,105,878.55.

More news: Pastor who admitted to 'sexual incident' at church placed on leave

(NASDAQ:WBA) shares have recently been behaving interestingly to keep investors awake. Deutsche Bank initiated coverage on Walgreens Boots Alliance in a research note on Monday, December 4th.

In 1978, Len Zacks, founder of the company, discovered that earnings estimate revisions are the most powerful force impacting stock prices. BidaskClub raised shares of Walgreens Boots Alliance from a "sell" rating to a "hold" rating in a report on Wednesday, August 30th. Comparatively, WBA is -12.22% relative to its price target of 85.87. Needham & Company LLC restated a "buy" rating and issued a $94.00 target price on shares of Walgreens Boots Alliance in a report on Saturday, September 16th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and twelve have issued a buy rating to the stock. Walgreens Boots Alliance now has an average rating of "Buy" and a consensus price target of $86.15. Walgreens Boots Alliance, Inc. The company's market cap is $18.28 Billion, and the average volume is $2.25 Million. The company has a debt-to-equity ratio of 0.48, a current ratio of 0.96 and a quick ratio of 0.47.

Walgreens Boots Alliance, Inc. has a 12 month low of $71.50 and a 12 month high of $88.00.

Now focusing our attention on earnings data, we were able to identify that EPS consensus estimate for Convergys Corporation (NYSE:CVG) for the current quarter stands at $0.45. The company had revenue of $30.74 billion during the quarter, compared to analysts' expectations of $30.39 billion. The Gross Margin Score of Walgreens Boots Alliance, Inc. Zions Bancorporation lifted its holdings in Walgreens Boots Alliance by 983.3% during the third quarter. (NASDAQ:WBA) reported its EPS in the last quarter as $1.28/Share beating the analyst estimate of $1.26/Share by a difference of $0.02. The company has a total of 414.97 Million shares outstanding. The firm shows the market capitalization of $73.3 Billion.

WARNING: This piece was posted by The Lincolnian Online and is the property of of The Lincolnian Online. If you are reading this news story on another site, it was copied illegally and reposted in violation of USA & worldwide copyright and trademark laws. The correct version of this report can be viewed at https://weekherald.com/2018/01/13/macquarie-group-ltd-sells-91554-shares-of-walgreens-boots-alliance-inc-wba.html.

Walgreens Boots Alliance, Inc (Walgreens Boots Alliance) is a holding company. Its pharmacy, health and wellness services include retail, specialty, infusion and respiratory services, mail service and convenient care clinics.


  • President Trump's comments on Haiti, El Salvador and African nations

    Never said anything derogatory about Haitians other than Haiti is, obviously, a very poor and troubled country. On Friday, Trump denied using the language , about Haiti , and tried to turn the conversation to Democrats .
    Grassley defends handling of Russian Federation  investigation

    Grassley defends handling of Russian Federation investigation

    The president said at the White House that "love was central" to the slain civil rights leader. She wasn't given the oath. "Never said 'take them out'".
    ValuEngine Upgrades Silicon Motion Technology (NASDAQ:SIMO) to Buy

    ValuEngine Upgrades Silicon Motion Technology (NASDAQ:SIMO) to Buy

    It has outperformed by 4.76% the S&P500.The move comes after 7 months negative chart setup for the $1.84 billion company. It worsened, as 4 investors sold SKY shares while 9 reduced holdings. 7 funds opened positions while 8 raised stakes.
  • Justice BH Loya's death is a serious matter, observes Supreme Court

    Justice BH Loya's death is a serious matter, observes Supreme Court

    The Supreme Court on Thursday (January 11) has chose to hear the case pertaining to the death of CBI judge Brijgopal Loya . Chandrachud on Thursday posted for January 12, two pleas - filed by Maharashtra based journalist B.R.
    India capable of handling China's assertiveness along border: Army chief

    India capable of handling China's assertiveness along border: Army chief

    Altaf Bukhari slams army chief for his comments on schools of Kashmir. "Should they come again, we will see what to do", he said. We are looking at the whole of government approach which is - diplomatic and military - and partnering with other countries ...
    Senate passes marijuana legalization bill

    Senate passes marijuana legalization bill

    Matt Simon, New England political director for the pro-legalization Marijuana Policy Project , disagreed. Phil Scott , who vetoed similar legislation previous year .
  • Unlocked HTC U10 finally receiving Android 8.0 Oreo update

    Unlocked HTC U10 finally receiving Android 8.0 Oreo update

    Taking user feedback seriously, Xiaomi acknowledged the issue, and has temporarily halted the rollout, AndroidHeadlines reports. A simple way to avoid the unusual delay in making the call is by uninstalling MyJio app from your smartphone .

    Earnings Yield in Focus For Autobacs Seven Co., Ltd. (TSE:9832)

    Adding a sixth ratio, shareholder yield, we can view the Value Composite 2 score which is now sitting at 54. (NYSE:PIR) is 2. Looking further, the MF Rank (aka the Magic Formula) is a formula that pinpoints a valuable company trading at a good price.
    Hot Stock for Investors: AK Steel Holding Corporation (NYSE:AKS)

    Hot Stock for Investors: AK Steel Holding Corporation (NYSE:AKS)

    Finally, Riverhead Capital Management LLC lifted its holdings in shares of United States Steel by 2.1% in the 2nd quarter. Analysts await Cryoport, Inc. 197.43 million shares or 12.04% less from 224.47 million shares in 2017Q2 were reported.
  • North Korea offers talk on art troupe's visit to Olympics

    North Korea offers talk on art troupe's visit to Olympics

    With the 2018 Olympics in Pyeongchang less than a month away, South Korea continues to offer olive branches to their northern neighbors.
    Cavs seek first win of season over Pacers

    Cavs seek first win of season over Pacers

    But James knocked down a 3-pointer on the ensuing Cavs possesion and Cleveland slowly built its lead back up to 12 points. Ibaka served a one-game suspension for throwing a punch at Miami's James Johnson in Tuesday's home loss to the Heat.

    Trump's first medical check-up as president set for Friday

    Mia Love (R-UT), who's of Haitian descent, have called out the president for the comments and have requested an apology. Of that population, 21,000 people are from African nations and most of which are from western Africa .