Nordea Investment Management AB has an ownership of 9,154,328 stocks of the pharmacy operator's shares valued $760,267,000 after scooping up an extra 1,917,082 shares through out the quarter. Zooming in closer, company stock has been 6.75% for the quarter, 5.09% over the past month, and 1.20% over the past week. Welch & Forbes LLC boosted its position in Walgreens Boots Alliance by 4.8% in the first quarter. The shares price has positioned -0.31% down over the past quarter while it has directed -8.12% toward a falling position throughout past six months.
Investment analysts at Loop Capital initiated coverage on shares of Walgreens Boots Alliance, Inc. 2,660,235 stocks of the company were exchanged. Walgreens Boots Alliance Inc (NASDAQ:WBA) has risen 5.77% since August 25, 2016 and is uptrending. (NASDAQ:WBA). The stock is now valued at $81.13 after moving 0.41% in the most recent session and 1.37% over the past 5 trading days.
Let's take a look at how the stock has been performing recently. The stock's current distance from 20-Day Simple Moving Average (SMA20) is -0.73%, whereas SMA50 and SMA200 are 0.95% and -2.99% respectively. There are advantages to using a moving average in your trading, as well options on what type of moving average to use. This represents an increase of 753% compared to the typical volume of 2,495 call options.
Walgreens Boots Alliance (NASDAQ:WBA) previously released its fiscal periodic earnings information on Early Thur, Jun 29th. The pharmacy operator reported $1.33 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.30 by $0.03. The company had revenue of $30.12 billion during the quarter, compared to analysts' expectations of $29.72 billion. Walgreens Boots Alliance had a return on equity of 17.34% and a net margin of 3.69%. The business's revenue was up 2.1% on a year-over-year basis.
Relative strength index (RSI-14) for Walgreens Boots Alliance, Inc.
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 12th. For the quarter, shares have been noted at -0.15%. Walgreens Boots Alliance's dividend payout ratio is presently 40.30%. The ex-dividend date of this dividend is Wednesday, August 16th.
Since the beginning of the calendar year, the stock is -1.97%.
COPYRIGHT VIOLATION WARNING: "Clear Harbor Asset Management LLC Has $3.87 Million Stake in Walgreens Boots Alliance, Inc". Credit Suisse maintained the shares of WBA in report on Monday, July 18 with "Outperform" rating. If you are reading this piece of content on another publication, it was illegally stolen and reposted in violation of USA and worldwide trademark & copyright legislation.
WBA has been the topic of a number of analyst reports. In the case of Walgreens Boots Alliance Inc, looking at the history chart for WBA below can help in judging whether the most recent dividend is likely to continue, and in turn whether it is a reasonable expectation to expect a 2% annual yield.
Walgreens Boots Alliance declared that its board has authorized a share repurchase plan on Thursday, June 29th that allows the company to repurchase $5.00 billion in outstanding shares.
For the Current Quarter, the growth estimate for Walgreens Boots Alliance, Inc.is 13.1%, while for the Next Quarter the stock growth estimate is 12.7%. Needham & Company LLC raised Walgreens Boots Alliance from a hold rating to a buy rating and set a $94.00 price target for the company in a research note on Friday, June 30th.
In order to reach an opinion and communicate the value and volatility of a covered security, analysts research public financial statements, listen in on conference calls and talk to managers and the customers of a company, typically in an attempt to capture the findings for a research report. On Thursday, November 10 the stock rating was upgraded by Jefferies to "Hold". The stock of Walgreens Boots Alliance Inc (NASDAQ:WBA) earned "Buy" rating by Leerink Swann on Thursday, July 20. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and fourteen have assigned a buy rating to the company's stock.
Share performance for the month is now at 2.98%. The shares were sold at an average price of $79.79, for a total value of $218,305.44.