Wells Fargo & Company MN decreased its holdings in shares of Walgreens Boots Alliance, Inc. ( NASDAQ:WBA – Free Report ) by 10.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission.
The fund owned 1,081,282 shares of the pharmacy operator’s stock after selling 128,218 shares during the quarter. Wells Fargo & Company MN’s holdings in Walgreens Boots Alliance were worth $10,088,000 as of its most recent SEC filing. Other hedge funds have also added to or reduced their stakes in the company.
Wellington Management Group LLP raised its stake in shares of Walgreens Boots Alliance by 193.4% during the 3rd quarter. Wellington Management Group LLP now owns 193,526 shares of the pharmacy operator’s stock worth $1,734,000 after purchasing an additional 127,558 shares in the last quarter.
Virtu Financial LLC bought a new stake in Walgreens Boots Alliance during the third quarter worth $208,000. Westside Investment Management Inc. lifted its stake in Walgreens Boots Alliance by 14.
3% in the third quarter. Westside Investment Management Inc. now owns 11,587 shares of the pharmacy operator’s stock valued at $104,000 after acquiring an additional 1,454 shares during the last quarter.
Wealthquest Corp bought a new position in shares of Walgreens Boots Alliance in the 3rd quarter valued at about $130,000. Finally, Sanctuary Advisors LLC increased its stake in shares of Walgreens Boots Alliance by 79.0% during the 3rd quarter.
Sanctuary Advisors LLC now owns 46,333 shares of the pharmacy operator’s stock worth $401,000 after purchasing an additional 20,450 shares during the last quarter. Institutional investors own 58.59% of the company’s stock.
Walgreens Boots Alliance Price Performance NASDAQ:WBA opened at $10.80 on Thursday. Walgreens Boots Alliance, Inc.
has a 52 week low of $8.08 and a 52 week high of $18.83.
The company has a debt-to-equity ratio of 0.68, a quick ratio of 0.30 and a current ratio of 0.
64. The firm’s 50-day simple moving average is $10.80 and its 200 day simple moving average is $10.
10. The firm has a market cap of $9.34 billion, a price-to-earnings ratio of -1.
05, a P/E/G ratio of 1.31 and a beta of 0.67.
Analyst Ratings Changes WBA has been the subject of several recent analyst reports. Deutsche Bank Aktiengesellschaft downgraded shares of Walgreens Boots Alliance from a “hold” rating to a “sell” rating and cut their target price for the company from $11.00 to $9.
00 in a research note on Friday, February 28th. Wolfe Research upgraded Walgreens Boots Alliance to a “hold” rating in a research note on Monday, February 24th. Royal Bank of Canada increased their price target on Walgreens Boots Alliance from $9.
00 to $12.00 and gave the company a “sector perform” rating in a research note on Wednesday, January 15th. Truist Financial reduced their price objective on shares of Walgreens Boots Alliance from $13.
00 to $12.00 and set a “hold” rating for the company in a research report on Friday, January 31st. Finally, StockNews.
com started coverage on shares of Walgreens Boots Alliance in a research report on Friday, April 11th. They issued a “hold” rating on the stock. Four analysts have rated the stock with a sell rating, seven have given a hold rating and two have given a buy rating to the company’s stock.
According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $10.59.
Check Out Our Latest Stock Analysis on Walgreens Boots Alliance About Walgreens Boots Alliance ( 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.
Further Reading Want to see what other hedge funds are holding WBA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Walgreens Boots Alliance, Inc. ( NASDAQ:WBA – Free Report ).
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Wells Fargo & Company MN Has $10.09 Million Holdings in Walgreens Boots Alliance, Inc. (NASDAQ:WBA)

Wells Fargo & Company MN decreased its holdings in shares of Walgreens Boots Alliance, Inc. (NASDAQ:WBA – Free Report) by 10.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,081,282 shares of the pharmacy operator’s stock after selling 128,218 shares during the quarter. Wells [...]