Economy

Trading Monitor: PPOH Line Above Zero for Walgreens Boots Alliance (WBA)

The stock's current distance from 20-Day Simple Moving Average (SMA20) is -5.28%, whereas SMA50 and SMA200 are -13.26% and -18.02% respectively.

Loop Capital set a $90.00 target price on Walgreens Boots Alliance, Inc. An institutional investor (hedge funds and mutual funds, for instance) are nonbank groups that buy shares of a company's stock in bulk - allowing these organizations to qualify for lower fees and preferential treatment. Alpha Windward LLC boosted its stake in shares of Walgreens Boots Alliance by 0.6% in the third quarter. Orrstown Financial Services Inc. now owns 1,728 shares of the pharmacy operator's stock valued at $135,000 after buying an additional 213 shares during the last quarter.

Why Walgreens Boots Alliance, Inc. During the last trade, stock's minimum price has been reached out at $43.24 while the maximum trading price moved at $43.95. Citigroup Inc. reaffirmed a "buy" rating on shares of Walgreens Boots Alliance in a report on Monday, July 3rd. Montecito Bank & Trust now owns 6,661 shares of the pharmacy operator's stock valued at $522,000 after acquiring an additional 230 shares during the last quarter. Next quarter's EPS is forecasted to be $1.51 and the next full year EPS is anticipated to be $6.08. Finally, Putnam FL Investment Management Co. grew its stake in Walgreens Boots Alliance by 1,037.3% in the 1st quarter. (NASDAQ:WBA) ownership status of both institutional or insider important for investing research process; unknown to this can sometimes give false signals and lead an investor astray.

WARNING: This piece of content was reported by TrueBlueTribune and is owned by of TrueBlueTribune. If you are viewing this news story on another domain, it was stolen and republished in violation of U.S. and worldwide copyright laws. The legal version of this news story can be viewed at https://weekherald.com/2017/10/31/walgreens-boots-alliance-inc-wba-holdings-cut-by-bush-odonnell-investment-advisors-inc.html. The Retail Pharmacy USA segment consists of the Walgreen Co.

SPN's shares were trading -55.91% below from the 52-week high price mark of $19.28 and 11.04% above from the 52-week price bottom of $7.66.

We can find out a lot about how a publicly-traded company is performing by checking out the buying and selling activity of that company's insiders, which is a term that refers to senior officers and directors of a company - or any person or entity owning over a ten percent portion of the total voting shares. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. (NASDAQ:WBA) opened at 66.26 on Tuesday.

It is now trading at $66.56 which is quite a bit below the 50 day moving average of $74.10 and significantly lower than the 200 day moving average of $79.40. Wellington Management Group LLP increased its holdings in Walgreens Boots Alliance by 5.9% in the first quarter. The firm has a market capitalization of $71.00 billion, a PE ratio of 16.754 and a beta of 1.25. The analysts estimated EPS for the higher end at 1.25 and lower end at 1.15 while the year ago reported earnings per share was 0. The firm had revenue of $30.15 billion during the quarter, compared to analyst estimates of $29.93 billion. Return on Equity (ROE) stands at 13.9% and Return on Investment (ROI) of 11.9 percent. (WBA)'s average Piotroski F-Score: 5 during the last 7 years.

On September 27 the company was downgraded to "Market Perform" from "Outperform" in a report issued by Raymond James.

Analysts are also projecting an Average Revenue Estimate for Walgreens Boots Alliance, Inc.as $30.04 Million in the Current Quarter.

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 12th. The dividend will be $0.400 per share for the quarter which comes to $1.60 on an annualized basis. The ex-dividend date of this dividend is Friday, November 10th. Walgreens Boots Alliance's dividend payout ratio (DPR) is 42.33%.

Walgreens Boots Alliance announced that its Board of Directors has authorized a stock repurchase program on Wednesday, October 25th that authorizes the company to buyback $1.00 billion in outstanding shares. The total value of its holdings decreased 1.5%. On September 19, 2017 RBC Capital started covering the stock with an initial rating of "Outperform".



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