Fifth Third Bancorp Buys 25620 Shares of Walgreens Boots Alliance, Inc. (WBA)

Shares of Walgreens Boots Alliance, Inc.

Investors wait Walgreens Boots Alliance Inc (NASDAQ:WBA) to report on October, 19. its quarterly earnings Wall Street analysts expect $1.23 earnings per share, up $0.16 or 14.95 % from last year's $1.07 same quarter earnings. Corporate insiders own 13.50% of the company's stock. Also, Walgreens Boots Alliance, Inc. The firm owned 33,069 shares of the pharmacy operator's stock after selling 2,219 shares during the quarter. Russell Investments Group raised its position in Walgreens Boots Alliance by 72.9% in the 1st period. Essex Financial Services Inc. now owns 13,063 shares of the pharmacy operator's stock worth $1,081,000 after buying an additional 990 shares during the period. Finally, Founders Capital Management bought a new position in shares of Walgreens Boots Alliance in the 1st quarter valued at about $161,000. However, the institutional investors are observed to own 62.00% of the total shares. Welch & Forbes has an ownership of 96,882 stocks of the pharmacy operator's shares valued $8,046,000 after scooping up an extra 4,453 stocks in the previous period. Finally, Credit Agricole S A increased its position in shares of Walgreens Boots Alliance by 28.7% during the first quarter. The stock exchanged hands with 3,848,614 numbers of shares compared to its average daily volume of 5.45M shares. Following the completion of the transaction, the chief operating officer now directly owns 1,690,336 shares in the company, valued at $136,798,892.48. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

A number of analysts recently issued reports on WBA shares. At present, 7 analysts recommended Holding these shares while 0 recommended sell, according to FactSet data. Goldman Sachs Group, Inc. Jefferies Group LLC decreased their price objective on Walgreens Boots Alliance from $95.00 to $80.00 and set a "buy" rating on the stock in a research note on Wednesday, May 31st. This target by Needham suggests the possibile upside of 13.40 % from the last stock close. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and fourteen have issued a buy rating to the company.

COPYRIGHT VIOLATION NOTICE: This article was first reported by StockNewsTimes and is owned by of StockNewsTimes. If you are viewing this article on another website, it was illegally stolen and republished in violation of United States and worldwide copyright & trademark law.

Presently Walgreens Boots Alliance, Inc.

The top 5 institutional holders, in ascending order, are as follows: VANGUARD GROUP INC with 69.99 million shares, BLACKROCK INC. with 54.95 million shares, STATE STREET CORP with 37.69 million shares, WELLINGTON MANAGEMENT GROUP LLP with 35.67 million shares, and PRICE T ROWE ASSOCIATES INC /MD/ with 22.74 million shares. The company has a market capitalization of $88.54 billion, a price-to-earnings ratio of 20.89 and a beta of 1.26. Company shares have been seen trading -11.31% off of the 52 week high and 9.53% away from the 52 week low. The stock's 50-day moving average price is $80.89 and its 200-day moving average price is $82.05. (NASDAQ:WBA), maintained return on investment for the last twelve months at -, higher than what Reuters data shows regarding industry's average. Over the last three months, the shares of the company have changed 1.15% and performed -3.11% over the last six months. The company had revenue of $30.12 billion for the quarter, compared to analysts' expectations of $29.72 billion. The business's revenue was up 2.1% compared to the same quarter a year ago. Revenue, on the other hand, scored 1.06% growth from the previous quarter, coming up with $29.76 billion.

Returns and Valuations for Walgreens Boots Alliance, Inc. 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). This buyback authorization permits the pharmacy operator to buy up to 5.9% of its stock through open market purchases. A lower P/B ratio could mean that the stock is undervalued.

The company also recently declared a quarterly dividend, which will be paid on Friday, March 10th. Stockholders of record on Wednesday, February 15th will be issued a dividend of $0.375 per share.

Walgreens Boots Alliance (NASDAQ:WBA) last announced its quarterly earnings results on Thursday, June 29th.

Like this


14 September 2017
Factors to Note Before Buying Globalstar Inc. (GSAT)
It dived, as 58 investors sold XOM shares while 851 reduced holdings. 53 funds opened positions while 33 raised stakes. The insider now directly owns 67,000 shares worth $109,210. 725,332 were reported by Cullen Frost Bankers.

14 September 2017
The Flash season 4 : Barry is reborn
The Flash and DC's Legends of Tomorrow will both return on Tuesday, October 10 at 8 PM ET and 9 PM ET, respectively. The 30-second clip opens with a super-fast Barry ( Grant Gustin ) colliding with a pickup truck.

14 September 2017
Pitney Bowes Inc. Announces Quarterly Dividend of $0.19 (PBI)
Piper Jaffray has "Neutral" rating and $23 target. (NYSE: PBI ) has declined 15.45% since September 13, 2016 and is downtrending. ValuEngine cut shares of Pitney Bowes from a "buy" rating to a "hold" rating in a research report on Friday, September 1st.

13 September 2017
U.S. suspends visas for Cambodian foreign ministry officials
He is the only serious election rival to Hun Sen, who is one of China's closest allies in Southeast Asia. About 1,000 others have not yet been sent back because Cambodia recently stopped accepting them.

13 September 2017
Beshear claims governor's planned spending cuts illegal
Stamper added that "AG Beshear's grandstanding is not only fiscally irresponsible and nonsensical, but it is also contrary to the law".

13 September 2017
Liberum Capital Reiterates Buy Rating for GlaxoSmithKline plc (GSK)
Shore Capital reiterated a hold rating on shares of GlaxoSmithKline plc in a research report on Wednesday, December 21st. Out of 4 Wall Street analysts rating Main Street Capital, 1 give it "Buy", 1 "Sell" rating, while 2 recommend "Hold".

13 September 2017
Alec Baldwin says he'll appear on SNL season premiere
Baldwin said he would do Trump at least a couple of times o SNL , telling Ellen DeGeneres: "We're going to do it". Baldwin pronouncements on his Trump impression have now become news - ephemeral news, but news nonetheless.

13 September 2017
Watching Shares of BlackRock Floating Rate Income Trust (BGT) — Technical Focus
Williams %R is a popular technical indicator created by Larry Williams to help identify overbought and oversold situations. The simple moving average is a mathematical calculation that takes the average price (mean) for a given amount of time.

13 September 2017
Ghost Recon Wildlands' competitive multiplayer mode is getting an open beta soon
Players will pick between 12 classes across Assault, Marksman, and Support categories and do battle across large-scale maps. Though far from ideal , Ghost Recon Wildlands is one of the most effective franchise reboots in recent memory.

13 September 2017
Active Volume Stock: Rite Aid Corporation (RAD)
Royal Natl Bank Of Canada invested in 0.01% or 2.24 million shares. 360,161 were accumulated by Hsbc Holdg Public Limited Company. The market capitalization (Stock Price Multiply by Total Number of Outstanding Shares) for the company is reported at $2.54B.