The dividend payment was $0.400 per share for the quarter which comes to $1.60 on an annualized basis. This works out to a net decrease in ownership of 10.09 million shares, and suggests that institutions are feeling bearish about the stock. Walgreens Boots Alliance accounts for approximately 1.9% of Macguire Cheswick & Tuttle Investment Counsel LLC's investment portfolio, making the stock its 21st biggest position. Teacher Retirement System of Texas grew its holdings in Walgreens Boots Alliance by 2.7% in the second quarter. When companies gear up to release the next round of quarterly earnings results, investors will be closely watching to see how profitable the overall quarter was. Nwam LLC raised its position in shares of Walgreens Boots Alliance by 8.5% during the 1st quarter. (WBA) stock price tumbled -0.20% to finalize at $69.71 throughout previous buying and selling session. Deutsche Bank has "Buy" rating and $94 target.
Institutions own 60.94% of Walgreens Boots Alliance, Inc. An RSI above 70 is considered overbought with RSI's under 30 indicating oversold. (WBA) are trading -20.76% downward from the 52-week high mark and 0.65% above from the fifty two-week low mark. Finally, Credit Agricole S A grew its stake in shares of Walgreens Boots Alliance by 28.7% in the 1st quarter. Following the transaction, the director now directly owns 19,151 shares of the company's stock, valued at approximately $1,528,058.29.
Shares of Walgreens Boots Alliance, Inc.
06/27/2017 - Walgreens Boots Alliance, Inc. had its "neutral" rating reiterated by analysts at Goldman Sachs. The firm has a market capitalization of $75.84 billion, a price-to-earnings ratio of 17.90 and a beta of 1.25. The 50 day moving average was down by -12.21% and the 200 day average moved down $-11.21.
Walgreens Boots Alliance declared that its board has approved a share repurchase program on Thursday, June 29th that permits the company to buyback $5.00 billion in outstanding shares. This repurchase authorization allows the pharmacy operator to repurchase up to 5.9% of its shares through open market purchases. However, if the RES shares go below $22.22 then it would indicate a much weaker market for the company.
Amid volatile financial markets and the presidential election, various investment brokerages have made amendments to their price targets and ratings on shares of Walgreens Boots Alliance, Inc. There has been an observed change of 0.00% in the ownership of the shares in the past six months. A total volume of 1.22 million shares were traded versus to average volume of 17.64 million shares. Walgreens Boots Alliance's dividend payout ratio is now 40.30%. The Volatility 12m of Walgreens Boots Alliance, Inc.
Several analysts have recently weighed in on the stock. Loop Capital started coverage on shares of Walgreens Boots Alliance in a report on Thursday, August 24th. They issued a "hold" rating for the company.
Abbrea Capital LLC cut its position in shares of Walgreens Boots Alliance, Inc. BidaskClub downgraded shares of Walgreens Boots Alliance from a "hold" rating to a "sell" rating in a report on Tuesday, September 12th. Needham maintained Walgreens Boots Alliance Inc (NASDAQ:WBA) on Friday, September 8 with "Buy" rating. The CCI may be used to spot if a stock is entering overbought (+100) and oversold (-100) territory. Sell-side firms now have a consensus recommendation of 2.40 on the shares. The shares were sold at an average price of $79.79, for a total transaction of $218,305.44. Investors look at the Volatility 12m to determine if a company has a low volatility percentage or not over the course of a year. After a recent check, it is observed that the insiders for the firm now own 13.60% shares. Walgreens Boots Alliance, Inc. "(WBA)" was originally posted by Week Herald and is owned by of Week Herald. If you are reading this story on another site, it was stolen and republished in violation of United States and worldwide copyright and trademark legislation.
These firms have modified their investment in WBA. The value of the investment in Walgreens Boots Alliance, Inc. decreased from $646,000 to $582,000 decreasing 9.9% quarter to quarter. The Company is a global pharmacy-led, health and wellbeing enterprise. The Firm operates through three divisions: Retail Pharmacy USA, Retail Pharmacy International and Pharmaceutical Wholesale.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company.