Walgreens Boots Alliance, Inc. (NASDAQ:WBA) Shares Sold by Baron Silver Stevens Financial Advisors LLC

Baron Silver Stevens Financial Advisors LLC decreased its position in Walgreens Boots Alliance, Inc. (NASDAQ:WBA) by 9.0% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 12,723 shares of the pharmacy operator’s stock after selling 1,262 shares during the quarter. Baron Silver Stevens Financial Advisors LLC’s holdings in Walgreens Boots Alliance were worth $119,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. First Financial Corp IN lifted its stake in shares of Walgreens Boots Alliance by 49.2% during the 4th quarter. First Financial Corp IN now owns 2,685 shares of the pharmacy operator’s stock worth $25,000 after purchasing an additional 885 shares during the period. Strategic Investment Solutions Inc. IL purchased a new position in Walgreens Boots Alliance during the second quarter worth about $34,000. TD Private Client Wealth LLC boosted its stake in Walgreens Boots Alliance by 8,670.3% in the 3rd quarter. TD Private Client Wealth LLC now owns 3,245 shares of the pharmacy operator’s stock worth $29,000 after buying an additional 3,208 shares during the last quarter. Sentry Investment Management LLC purchased a new stake in Walgreens Boots Alliance in the 3rd quarter valued at about $30,000. Finally, Eastern Bank acquired a new position in shares of Walgreens Boots Alliance during the 3rd quarter valued at about $33,000. 58.59% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the stock. Bank of America boosted their target price on shares of Walgreens Boots Alliance from $7.50 to $8.50 and gave the company an “underperform” rating in a report on Monday, January 13th. Morgan Stanley dropped their price objective on Walgreens Boots Alliance from $9.00 to $7.00 and set an “underweight” rating for the company in a report on Friday, October 11th. Evercore ISI lifted their target price on Walgreens Boots Alliance from $9.00 to $12.00 and gave the company an “in-line” rating in a report on Monday, January 13th. Jefferies Financial Group dropped their price target on Walgreens Boots Alliance from $19.00 to $9.00 and set a “hold” rating for the company in a research note on Wednesday, October 23rd. Finally, UBS Group lifted their price objective on Walgreens Boots Alliance from $9.00 to $10.00 and gave the company a “neutral” rating in a research note on Thursday, October 17th. Four equities research analysts have rated the stock with a sell rating, nine have given a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $13.27.

Walgreens Boots Alliance Price Performance

Shares of WBA stock opened at $11.62 on Thursday. The firm has a fifty day simple moving average of $9.73 and a 200-day simple moving average of $9.86. The company has a market capitalization of $10.04 billion, a PE ratio of -1.13, a price-to-earnings-growth ratio of 1.43 and a beta of 0.64. Walgreens Boots Alliance, Inc. has a twelve month low of $8.08 and a twelve month high of $23.76. The company has a current ratio of 0.64, a quick ratio of 0.30 and a debt-to-equity ratio of 0.68.

Walgreens Boots Alliance (NASDAQ:WBA) last announced its earnings results on Friday, January 10th. The pharmacy operator reported $0.51 earnings per share for the quarter, beating the consensus estimate of $0.38 by $0.13. The company had revenue of $39.50 billion during the quarter, compared to the consensus estimate of $37.40 billion. Walgreens Boots Alliance had a positive return on equity of 17.61% and a negative net margin of 5.87%. The company’s revenue was up 7.6% on a year-over-year basis. During the same period last year, the firm earned $0.66 earnings per share. Equities research analysts anticipate that Walgreens Boots Alliance, Inc. will post 1.59 earnings per share for the current fiscal year.

About Walgreens Boots Alliance

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.