Walgreens Boots Alliance, Inc. (WBA), Johnson & Johnson (JNJ)

Marco Green
August 30, 2017

(NASDAQ:WBA) by 43.2% during the second quarter, according to its most recent disclosure with the SEC. Reilly Financial Advisors LLC now owns 1,367 shares of the pharmacy operator's stock valued at $107,000 after buying an additional 100 shares during the last quarter. Investors who are keeping close eye on the stock of Toll Brothers, Inc. Nordea Investment Management AB boosted its position in Walgreens Boots Alliance by 26.5% in the first quarter. Hudock Capital Group LLC now owns 1,300 shares of the pharmacy operator's stock valued at $108,000 after buying an additional 5 shares in the last quarter. (WBA) has surged 0.78% and closed its last trading session at $81.13. Webster Bank N.A. now owns 1,509 shares of the pharmacy operator's stock valued at $125,000 after buying an additional 235 shares during the period. Swiss National Bank boosted its position in Walgreens Boots Alliance by 27.3% in the first quarter. Clear Harbor Asset Management LLC now owns 49,965 shares of the pharmacy operator's stock worth $3,873,000 after buying an additional 29,250 shares during the period.

Now we will discuss the financial strength of Walgreens Boots Alliance, Inc. The Weekly and Monthly Volatility of the stock are 1.35% percent and 1.61% percent, respectively.

In the transaction dated February 02, 2017, the great number of shares acquired came courtesy the Director; Babiak Janice M. added a total of 600 shares at an average price of $80.68, amounting to approximately $48,408. The Retail Pharmacy International segment consists primarily of the Alliance Boots pharmacy-led health and beauty stores, optical practices and related contract manufacturing operations. (WBA) traded up 0.58% during midday trading on Tuesday, reaching $81.63. 631,251 shares of the company were exchanged. These analysts have also projected a Low Estimate of $1.15/share and a High Estimate of $1.25/share. (NYSE:TOL) established that the company was able to keep return on investment at - in the trailing twelve month while Reuters data showed that industry's average stands at 2.85 and sector's optimum level is 15.48.

At the end of June reporting period, 582 institutional holders increased their position in Walgreens Boots Alliance, Inc. The pharmacy operator reported $1.33 EPS for the quarter, beating the Zacks' consensus estimate of $1.30 by $0.03. Relative Strength Index (RSI-14) for Walgreens Boots Alliance, Inc.

Walgreen Boots Alliance (NDAQ:WBA) had its target price reduced to $77.00 by Goldman Sachs Group Inc. Tarbox Group Inc. now owns 1,355 shares of the pharmacy operator's stock valued at $113,000 after buying an additional 1,006 shares during the last quarter. WBA generated revenue of $0 in the same quarter, one year ago. On average, analysts forecast that Walgreens Boots Alliance, Inc. will post $5.00 earnings per share for the current fiscal year. The company's market cap is $86.14 Billion, and the average volume is 5.36 Million. This repurchase authorization authorizes the pharmacy operator to reacquire up to 5.9% of its stock through open market purchases.

What do the trading volumes reveal?

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 12th.

On Friday, Shares of Western Digital Corp (NASDAQ: WDC), gained 0.89% to $90.25. The ex-dividend date is Wednesday, August 16th. This is a positive change from Walgreens Boots Alliance's previous quarterly dividend of $0.38. This represents a $1.60 annualized dividend and a yield of 1.97%. Walgreens Boots Alliance's dividend payout ratio is 40.30%. Walgreens Boots Alliance, Inc. "(WBA) Shares Bought by Principal Financial Group Inc." was first reported by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are viewing this piece of content on another publication, it was copied illegally and republished in violation of United States & worldwide copyright & trademark legislation.

WBA has been the topic of several recent research reports. They set a "buy" rating and a $95.00 price target on the stock. Citigroup Inc. reissued a "buy" rating on shares of Walgreens Boots Alliance in a report on Monday, July 3rd. Current price places the company's stock -1.83% away from its 200-day simple moving average, 2.25%, away from the 50-day average and also 0.26% away from 20-day average. Finally, Credit Suisse Group reiterated a "buy" rating and set a $97.00 price target on shares of Walgreens Boots Alliance in a research report on Thursday, July 13th. Two research analysts have rated the stock with a sell rating, three have given a hold rating and fifteen have given a buy rating to the company's stock. Six analysts rating the company a strong buy, ten analysts rating the company a buy, ten analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a one year target of $93.59.

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