Natixis Sells 184,739 Shares of Walgreens Boots Alliance Inc (NASDAQ:WBA)
Natixis cut its holdings in shares of Walgreens Boots Alliance Inc (NASDAQ:WBA) by 45.0% during the second quarter, HoldingsChannel.com reports. The firm owned 225,757 shares of the pharmacy operator’s stock after selling 184,739 shares during the quarter. Natixis’ holdings in Walgreens Boots Alliance were worth $12,342,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also modified their holdings of WBA. Caisse DE Depot ET Placement DU Quebec boosted its position in shares of Walgreens Boots Alliance by 11.0% during the second quarter. Caisse DE Depot ET Placement DU Quebec now owns 11,837,465 shares of the pharmacy operator’s stock worth $647,154,000 after purchasing an additional 1,169,600 shares in the last quarter. LSV Asset Management grew its stake in Walgreens Boots Alliance by 0.9% in the first quarter. LSV Asset Management now owns 11,672,531 shares of the pharmacy operator’s stock valued at $738,521,000 after acquiring an additional 107,600 shares during the period. Northern Trust Corp grew its stake in Walgreens Boots Alliance by 0.7% in the second quarter. Northern Trust Corp now owns 11,647,146 shares of the pharmacy operator’s stock valued at $636,750,000 after acquiring an additional 76,864 shares during the period. Geode Capital Management LLC increased its holdings in shares of Walgreens Boots Alliance by 7.8% in the fourth quarter. Geode Capital Management LLC now owns 11,529,136 shares of the pharmacy operator’s stock worth $786,522,000 after acquiring an additional 834,241 shares in the last quarter. Finally, Nordea Investment Management AB increased its holdings in shares of Walgreens Boots Alliance by 2.0% in the first quarter. Nordea Investment Management AB now owns 7,679,640 shares of the pharmacy operator’s stock worth $485,896,000 after acquiring an additional 148,814 shares in the last quarter. 59.80% of the stock is currently owned by institutional investors.
In other Walgreens Boots Alliance news, CAO Marco Patrick Anthony Pagni sold 215,323 shares of Walgreens Boots Alliance stock in a transaction on Wednesday, August 14th. The shares were sold at an average price of $50.48, for a total value of $10,869,505.04. Following the sale, the chief accounting officer now directly owns 357,851 shares in the company, valued at approximately $18,064,318.48. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 15.73% of the stock is owned by company insiders.
Shares of NASDAQ:WBA traded up $0.60 during mid-day trading on Wednesday, reaching $57.48. 2,038,903 shares of the stock were exchanged, compared to its average volume of 4,385,283. The company has a quick ratio of 0.37, a current ratio of 0.76 and a debt-to-equity ratio of 0.49. The company has a market cap of $50.21 billion, a P/E ratio of 9.55, a P/E/G ratio of 1.39 and a beta of 0.88. Walgreens Boots Alliance Inc has a one year low of $49.03 and a one year high of $86.31. The stock’s 50 day simple moving average is $52.26 and its 200-day simple moving average is $55.21.
Walgreens Boots Alliance (NASDAQ:WBA) last released its earnings results on Thursday, June 27th. The pharmacy operator reported $1.47 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.42 by $0.05. Walgreens Boots Alliance had a return on equity of 22.08% and a net margin of 3.53%. The firm had revenue of $34.59 billion for the quarter, compared to analysts’ expectations of $34.52 billion. During the same quarter in the previous year, the business posted $1.53 EPS. The business’s quarterly revenue was up .7% compared to the same quarter last year. Analysts anticipate that Walgreens Boots Alliance Inc will post 5.98 EPS for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 12th. Stockholders of record on Tuesday, August 20th will be issued a $0.458 dividend. The ex-dividend date is Monday, August 19th. This is an increase from Walgreens Boots Alliance’s previous quarterly dividend of $0.44. This represents a $1.83 dividend on an annualized basis and a dividend yield of 3.19%. Walgreens Boots Alliance’s dividend payout ratio (DPR) is 30.40%.
Walgreens Boots Alliance Profile
Walgreens Boots Alliance, Inc operates as a pharmacy-led health and wellbeing company. It operates through three segments: Retail Pharmacy USA, Retail Pharmacy International, and Pharmaceutical Wholesale. The Retail Pharmacy USA segment sells prescription drugs and an assortment of retail products, including health, beauty, personal care, consumable, and general merchandise products through its retail drugstores and convenient care clinics.
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