Dorsey & Whitney Trust CO LLC raised its stake in shares of Walgreens Boots Alliance, Inc. (NASDAQ:WBA) by 2.3% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 8,073 shares of the pharmacy operator’s stock after buying an additional 181 shares during the period. Dorsey & Whitney Trust CO LLC’s holdings in Walgreens Boots Alliance were worth $650,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. MSI Financial Services Inc increased its position in shares of Walgreens Boots Alliance by 9.3% in the second quarter. MSI Financial Services Inc now owns 21,280 shares of the pharmacy operator’s stock worth $1,772,000 after buying an additional 1,810 shares in the last quarter. Shell Asset Management Co. increased its position in shares of Walgreens Boots Alliance by 25.4% in the second quarter. Shell Asset Management Co. now owns 130,694 shares of the pharmacy operator’s stock worth $10,883,000 after buying an additional 26,513 shares in the last quarter. A. D. Beadell Investment Counsel Inc. increased its position in shares of Walgreens Boots Alliance by 9.7% in the second quarter. A. D. Beadell Investment Counsel Inc. now owns 21,480 shares of the pharmacy operator’s stock worth $1,788,000 after buying an additional 1,895 shares in the last quarter. Security National Trust Co. increased its position in shares of Walgreens Boots Alliance by 4.5% in the second quarter. Security National Trust Co. now owns 17,794 shares of the pharmacy operator’s stock worth $1,481,000 after buying an additional 760 shares in the last quarter. Finally, Robeco Institutional Asset Management B.V. increased its position in shares of Walgreens Boots Alliance by 165.8% in the second quarter. Robeco Institutional Asset Management B.V. now owns 105,504 shares of the pharmacy operator’s stock worth $8,825,000 after buying an additional 65,809 shares in the last quarter. 59.07% of the stock is owned by hedge funds and other institutional investors.

Institutional Ownership by Quarter for Walgreens Boots Alliance (NASDAQ:WBA)

Shares of Walgreens Boots Alliance, Inc. (NASDAQ:WBA) traded down 0.12% during mid-day trading on Friday, reaching $83.82. 2,934,594 shares of the company’s stock traded hands. The firm’s 50 day moving average price is $84.71 and its 200-day moving average price is $82.16. Walgreens Boots Alliance, Inc. has a 12-month low of $71.50 and a 12-month high of $88.00. The stock has a market cap of $90.48 billion, a price-to-earnings ratio of 22.18 and a beta of 1.18.

Walgreens Boots Alliance (NASDAQ:WBA) last announced its earnings results on Thursday, January 5th. The pharmacy operator reported $1.10 earnings per share for the quarter, beating the consensus estimate of $1.09 by $0.01. Walgreens Boots Alliance had a return on equity of 16.76% and a net margin of 3.52%. The company had revenue of $28.50 billion for the quarter. During the same quarter last year, the business posted $1.03 earnings per share. The company’s revenue for the quarter was down 1.8% compared to the same quarter last year. Equities research analysts forecast that Walgreens Boots Alliance, Inc. will post $5.00 earnings per share for the current year.

ILLEGAL ACTIVITY NOTICE: “Dorsey & Whitney Trust CO LLC Has $650,000 Position in Walgreens Boots Alliance, Inc. (WBA)” was first published by Watch List News and is owned by of Watch List News. If you are viewing this story on another website, it was copied illegally and reposted in violation of United States and international copyright & trademark laws. The original version of this story can be viewed at http://www.watchlistnews.com/dorsey-whitney-trust-co-llc-has-650000-position-in-walgreens-boots-alliance-inc-wba/1060864.html.

A number of research firms have commented on WBA. Jefferies Group set a $95.00 price target on shares of Walgreens Boots Alliance and gave the stock a “buy” rating in a report on Tuesday, November 8th. Credit Suisse Group restated a “buy” rating and issued a $95.00 price target on shares of Walgreens Boots Alliance in a report on Monday, October 3rd. Deutsche Bank AG restated a “buy” rating and issued a $88.00 price target on shares of Walgreens Boots Alliance in a report on Thursday, November 10th. Leerink Swann set a $90.00 price target on shares of Walgreens Boots Alliance and gave the stock a “buy” rating in a report on Tuesday, November 8th. Finally, Zacks Investment Research cut shares of Walgreens Boots Alliance from a “buy” rating to a “hold” rating in a report on Thursday, October 6th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and twelve have given a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus target price of $90.30.

In related news, Director William C. Foote sold 2,067 shares of Walgreens Boots Alliance stock in a transaction that occurred on Wednesday, November 2nd. The stock was sold at an average price of $81.30, for a total value of $168,047.10. Following the sale, the director now directly owns 24,623 shares in the company, valued at $2,001,849.90. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, EVP Kathleen Wilson-Thompson sold 5,700 shares of Walgreens Boots Alliance stock in a transaction that occurred on Monday, November 28th. The shares were sold at an average price of $85.05, for a total value of $484,785.00. The disclosure for this sale can be found here. 13.50% of the stock is owned by company insiders.

About Walgreens Boots Alliance

Walgreens Boots Alliance, Inc (Walgreens Boots Alliance) is a holding company. The Company is a global pharmacy-led, health and wellbeing enterprise. Walgreens Boots Alliance operates through three divisions, including Retail Pharmacy USA, Retail Pharmacy International and Pharmaceutical Wholesale. The Company’s products are marketed under a number of brands, which include No7, the Botanics range, Almus (generic medicines), Boots Pharmaceuticals and Soap & Glory (bathing and beauty brand).

5 Day Chart for NASDAQ:WBA

Want to see what other hedge funds are holding WBA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Walgreens Boots Alliance, Inc. (NASDAQ:WBA).

Receive News & Ratings for Walgreens Boots Alliance Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Walgreens Boots Alliance Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.