Analysts Showing Optimistic Trends For Walgreens Boots Alliance, Inc. (WBA)

Hanson McClain Inc. now owns 1,987 shares of the pharmacy operator's stock valued at $156,000 after acquiring an additional 87 shares during the period.

More notable recent Walgreens Boots Alliance, Inc.

A number of other institutional investors have also recently modified their holdings of the stock.

Walgreens Boots Alliance, Inc (Walgreens Boots Alliance) is a holding company. The latest exchange of 0.72 Million shares is below its average trading activity of 472.75 Million shares. Benchmark Capital Advisors boosted its holdings in shares of Walgreens Boots Alliance by 560.0% in the 1st quarter. The third largest holder is State Street Corp, which now holds $2.74 billion worth of this stock and that ownership represents almost 3.83% of its market capitalization. Hudock Capital Group LLC increased its holdings in shares of Walgreens Boots Alliance by 0.5% in the 2nd quarter. Baird Financial Group Inc. now owns 308,923 shares of the pharmacy operator's stock worth $25,656,000 after buying an additional 20,896 shares during the last quarter. Franklin Resources Inc. grew its holdings in Walgreens Boots Alliance by 24.7% in the 2nd quarter. Nordea Investment Management AB now owns 10,085,836 shares of the pharmacy operator's stock valued at $789,822,000 after buying an additional 931,508 shares during the period. (WBA) average trading volume of 7,330,590 during the past month is 29.89% above its average volume over the past year, indicating that investors have been more active than usual in the stock in recent times. The company has a current ratio of 1.07, a quick ratio of 0.59 and a debt-to-equity ratio of 0.45. The company's P/E (price to earnings) ratio is 18.92 and Forward P/E ratio of 11.77.

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Walgreens Boots Alliance, Inc. has a beta of 1.75, offering the possibility of a higher rate of return, but also posing more risk.

Walgreens Boots Alliance, Inc. most recently reported earnings per share (EPS) of $1.31 for the August 2017 versus $1.07 in the same quarter previous year, representing 22% growth. The company reported the earnings of $1.31/Share in the last quarter where the estimated EPS by analysts was $1.21/share. The company had revenue of $30.15 billion during the quarter, compared to analysts' expectations of $29.93 billion. Shares are now up over the past year, outperforming the broad market by -100% and underperformed a peer group of similar companies by -1736%. The difference between the expected and actual EPS was $0.1/share, which represents an Earnings surprise of 8.3%. Walgreens Boots Alliance's payout ratio is now 42.33%.

In other news, Director John Anthony Lederer acquired 20,000 shares of Walgreens Boots Alliance stock in a transaction that occurred on Thursday, October 26th. This repurchase authorization permits the pharmacy operator to buy shares of its stock through open market purchases. Stock repurchase plans are often an indication that the company's management believes its stock is undervalued. Given the stock's recent action, it seemed like a good time to take a closer look at the company's recent data. Needham & Company LLC reissued a "buy" rating and set a $94.00 price target on shares of Walgreens Boots Alliance in a research report on Saturday, September 16th. Finally, UBS restated a "buy" rating and set a $96.00 target price (down from $97.00) on shares of Walgreens Boots Alliance in a research report on Wednesday, August 23rd. The stock tapped a 52-week high of US$60.25 while the mean 12-month price target for the shares is US$57. The firm earned "Buy" rating on Tuesday, October 24 by Mizuho. AMI Investment Management Inc. now owns 7,323 shares of the pharmacy operator's stock worth $433,000 after buying an additional 4,513 shares during the last quarter. One analyst has rated the stock with a sell rating, nine have issued a hold rating and fourteen have assigned a buy rating to the stock. Analysts, on average, seem bullish as they suggest WBA is worth $14.68 more, giving a target price of $86.25 a share. The portion of a company's profit allocated to each outstanding share of common stock was $1.1 a share in the trailing twelve months. The stock's last price was higher from the average trading price of 50 days recorded at $16.2 while enlarging the period to 200 trading days, the average price was $13.65. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. The disclosure for this purchase can be found here. Company insiders own 14.80% of the company's stock.

COPYRIGHT VIOLATION NOTICE: This news story was first published by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. BidaskClub cut shares of Walgreens Boots Alliance from a "hold" rating to a "sell" rating in a report on Tuesday, September 12th. The company is a global leader in pharmacy-led, health and wellbeing retail and, together with the companies in which it has equity method investments, has more than 13,200* stores in 11* countries as well as one of the largest global pharmaceutical wholesale and distribution networks, with more than 390* distribution centers delivering to more than 230,000** pharmacies, doctors, health centers and hospitals each year in more than 20* countries. 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).

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