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Vontobel Holding Ltd. Boosts Stock Position in Walgreens Boots Alliance, Inc. (NASDAQ:WBA)

Walgreens Boots Alliance logo with Retail/Wholesale background

Vontobel Holding Ltd. increased its stake in shares of Walgreens Boots Alliance, Inc. (NASDAQ:WBA - Free Report) by 131.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 321,880 shares of the pharmacy operator's stock after purchasing an additional 182,644 shares during the quarter. Vontobel Holding Ltd.'s holdings in Walgreens Boots Alliance were worth $3,003,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Ingalls & Snyder LLC increased its position in Walgreens Boots Alliance by 13.6% during the 4th quarter. Ingalls & Snyder LLC now owns 338,779 shares of the pharmacy operator's stock worth $3,161,000 after purchasing an additional 40,570 shares in the last quarter. Mill Creek Capital Advisors LLC acquired a new stake in Walgreens Boots Alliance in the 4th quarter worth about $184,000. International Private Wealth Advisors LLC boosted its stake in Walgreens Boots Alliance by 14.5% in the 4th quarter. International Private Wealth Advisors LLC now owns 14,730 shares of the pharmacy operator's stock worth $137,000 after buying an additional 1,870 shares during the last quarter. Newbridge Financial Services Group Inc. acquired a new stake in Walgreens Boots Alliance in the 4th quarter worth about $184,000. Finally, Empowered Funds LLC boosted its stake in Walgreens Boots Alliance by 16.5% in the 4th quarter. Empowered Funds LLC now owns 26,084 shares of the pharmacy operator's stock worth $243,000 after buying an additional 3,685 shares during the last quarter. Hedge funds and other institutional investors own 58.59% of the company's stock.

Walgreens Boots Alliance Stock Down 2.6 %

Shares of NASDAQ:WBA traded down $0.28 during mid-day trading on Thursday, hitting $10.51. 21,110,157 shares of the company traded hands, compared to its average volume of 27,102,805. The firm has a market cap of $9.08 billion, a P/E ratio of -1.03, a PEG ratio of 1.38 and a beta of 0.65. The company has a debt-to-equity ratio of 0.68, a quick ratio of 0.30 and a current ratio of 0.64. Walgreens Boots Alliance, Inc. has a 52-week low of $8.08 and a 52-week high of $22.05. The firm's 50 day simple moving average is $10.36 and its 200 day simple moving average is $9.71.

Walgreens Boots Alliance (NASDAQ:WBA - Get Free Report) last announced its earnings results on Friday, January 10th. The pharmacy operator reported $0.51 EPS for the quarter, beating the consensus estimate of $0.38 by $0.13. The business had revenue of $39.50 billion for the quarter, compared to the consensus estimate of $37.40 billion. Walgreens Boots Alliance had a positive return on equity of 17.61% and a negative net margin of 5.87%. The company's revenue was up 7.6% on a year-over-year basis. During the same period last year, the business posted $0.66 EPS. On average, equities analysts anticipate that Walgreens Boots Alliance, Inc. will post 1.6 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on the company. Jefferies Financial Group decreased their price target on Walgreens Boots Alliance from $19.00 to $9.00 and set a "hold" rating on the stock in a research note on Wednesday, October 23rd. Evercore ISI raised their price target on Walgreens Boots Alliance from $9.00 to $12.00 and gave the stock an "in-line" rating in a research note on Monday, January 13th. Royal Bank of Canada raised their price target on Walgreens Boots Alliance from $9.00 to $12.00 and gave the stock a "sector perform" rating in a research note on Wednesday, January 15th. Truist Financial reduced their price objective on Walgreens Boots Alliance from $13.00 to $12.00 and set a "hold" rating on the stock in a research note on Friday, January 31st. Finally, Bank of America lifted their price objective on Walgreens Boots Alliance from $7.50 to $8.50 and gave the company an "underperform" rating in a research note on Monday, January 13th. Four equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $13.19.

View Our Latest Stock Analysis on WBA

Walgreens Boots Alliance Profile

(Free Report)

Walgreens Boots Alliance, Inc operates as a healthcare, pharmacy, and retail company in the United States, the United Kingdom, Germany, and internationally. It operates through three segments: U.S. Retail Pharmacy, International, and U.S. Healthcare. The U.S. Retail Pharmacy segment engages in operation of the retail drugstores, health and wellness services, specialty, and home delivery pharmacy services, which offers health and wellness, beauty, personal care and consumables, and general merchandise.

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

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