Walgreens Boots Alliance Inc (WBA) : Keystone Financial Planning has sold out all of its stake in Walgreens Boots Alliance Inc during the most recent quarter, according to the disclosure filed by the company on Oct 12, 2016 with the SEC. The investment management company has sold out 9,554 shares of Walgreens Boots Alliance Inc which is valued at $745,976.
Other Hedge Funds, Including , Raymond James Trust N.a. reduced its stake in WBA by selling 1,667 shares or 7.68% in the most recent quarter. The Hedge Fund company now holds 20,035 shares of WBA which is valued at $1,595,788. Walgreens Boots Alliance Inc makes up approx 0.14% of Raymond James Trust N.a.’s portfolio.Founders Capital Management boosted its stake in WBA in the latest quarter, The investment management firm added 6,330 additional shares and now holds a total of 70,811 shares of Walgreens Boots Alliance Inc which is valued at $5,640,096. Walgreens Boots Alliance Inc makes up approx 3.18% of Founders Capital Management’s portfolio.Exxonmobil Investment Management Inc Tx reduced its stake in WBA by selling 5,378 shares or 2.4% in the most recent quarter. The Hedge Fund company now holds 218,320 shares of WBA which is valued at $17,439,402. Walgreens Boots Alliance Inc makes up approx 0.37% of Exxonmobil Investment Management Inc Tx’s portfolio.
Walgreens Boots Alliance Inc closed down -1.57 points or -1.97% at $78.08 with 55,24,004 shares getting traded on Tuesday. Post opening the session at $79.45, the shares hit an intraday low of $77.7975 and an intraday high of $79.51 and the price fluctuated in this range throughout the day.Shares ended Tuesday session in Red.
On the company’s financial health, Walgreens Boots Alliance Inc reported $1.18 EPS for the quarter, beating the analyst consensus estimate by $ 0.04 according to the earnings call on Jul 6, 2016. Analyst had a consensus of $1.14. The company had revenue of $29498.00 million for the quarter, compared to analysts expectations of $29719.29 million. The company’s revenue was up 2.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.02 EPS.
Many Wall Street Analysts have commented on Walgreens Boots Alliance Inc. Company shares were Reiterated by Deutsche Bank on Aug 30, 2016 to “Buy”, Firm has raised the Price Target to $ 94 from a previous price target of $93 .
Walgreens Boots Alliance Inc. (Walgreens Boots Alliance) is a holding company. The Company is a global pharmacy-led health and wellbeing enterprise. It operates through three segments: Retail Pharmacy USA which consists of the Walgreens business including the operation of retail drugstores and convenient care clinics in addition to providing specialty pharmacy services; Retail Pharmacy International which consists of the Alliance Boots pharmacy-led health and beauty stores optical practices and related contract manufacturing operations and Pharmaceutical Wholesale which consists of the Alliance Boots pharmaceutical wholesaling and distribution businesses. Its portfolio of retail and business brands includes Walgreens Duane Reade Boots and Alliance Healthcare as well as global health and beauty product brands including No7 Botanics and Soap & Glory. Walgreens Boots Alliance through its subsidiary Liz Earle Beauty Co. Ltd offers the Liz Earle skincare brand.