Mark Sheptoff Financial Planning LLC raised its stake in shares of Walgreens Boots Alliance Inc. (NASDAQ:WBA) by 3.2% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,727 shares of the pharmacy operator’s stock after buying an additional 551 shares during the period. Walgreens Boots Alliance comprises about 1.1% of Mark Sheptoff Financial Planning LLC’s investment portfolio, making the stock its 27th largest position. Mark Sheptoff Financial Planning LLC’s holdings in Walgreens Boots Alliance were worth $1,476,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of WBA. MCF Advisors LLC raised its position in Walgreens Boots Alliance by 0.4% in the first quarter. MCF Advisors LLC now owns 1,371 shares of the pharmacy operator’s stock valued at $116,000 after buying an additional 6 shares in the last quarter. First Citizens Bank & Trust Co. raised its position in Walgreens Boots Alliance by 0.9% in the second quarter. First Citizens Bank & Trust Co. now owns 2,470 shares of the pharmacy operator’s stock valued at $206,000 after buying an additional 21 shares in the last quarter. Signaturefd LLC raised its position in Walgreens Boots Alliance by 2.7% in the second quarter. Signaturefd LLC now owns 1,802 shares of the pharmacy operator’s stock valued at $150,000 after buying an additional 48 shares in the last quarter. Rathbone Brothers plc raised its position in Walgreens Boots Alliance by 0.4% in the second quarter. Rathbone Brothers plc now owns 11,345 shares of the pharmacy operator’s stock valued at $945,000 after buying an additional 50 shares in the last quarter. Finally, Brookstone Capital Management raised its position in Walgreens Boots Alliance by 0.3% in the second quarter. Brookstone Capital Management now owns 17,077 shares of the pharmacy operator’s stock valued at $1,422,000 after buying an additional 52 shares in the last quarter. Hedge funds and other institutional investors own 59.75% of the company’s stock.

Walgreens Boots Alliance Inc. (NASDAQ:WBA) opened at 81.49 on Friday. The firm has a market capitalization of $88.20 billion, a PE ratio of 28.16 and a beta of 1.01. Walgreens Boots Alliance Inc. has a 52-week low of $71.50 and a 52-week high of $95.74. The company’s 50-day moving average is $81.49 and its 200-day moving average is $81.22.

Walgreens Boots Alliance (NASDAQ:WBA) last posted its earnings results on Wednesday, July 6th. The pharmacy operator reported $1.18 earnings per share for the quarter, topping the consensus estimate of $1.14 by $0.04. The firm earned $29.50 billion during the quarter. Walgreens Boots Alliance had a net margin of 2.70% and a return on equity of 15.56%. Walgreens Boots Alliance’s revenue for the quarter was up 2.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.02 EPS. Analysts forecast that Walgreens Boots Alliance Inc. will post $4.51 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Monday, September 12th. Stockholders of record on Friday, August 19th were paid a $0.375 dividend. This is an increase from Walgreens Boots Alliance’s previous quarterly dividend of $0.36. The ex-dividend date of this dividend was Wednesday, August 17th. This represents a $1.50 annualized dividend and a dividend yield of 1.84%. Walgreens Boots Alliance’s dividend payout ratio (DPR) is presently 51.90%.

Several research firms have recently weighed in on WBA. Bank of America Corp. restated a “buy” rating on shares of Walgreens Boots Alliance in a research note on Monday, June 13th. Barclays PLC boosted their price objective on shares of Walgreens Boots Alliance from $76.00 to $79.00 and gave the stock an “equal weight” rating in a research note on Thursday, July 7th. Evercore ISI restated a “buy” rating and set a $93.00 price objective on shares of Walgreens Boots Alliance in a research note on Thursday, July 7th. Jefferies Group restated a “neutral” rating on shares of Walgreens Boots Alliance in a research note on Thursday, July 7th. Finally, Deutsche Bank AG restated a “buy” rating on shares of Walgreens Boots Alliance in a research note on Monday, July 18th. One analyst has rated the stock with a sell rating, five have given a hold rating and fifteen have issued a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus target price of $93.13.

In other news, Director William C. Foote sold 2,067 shares of Walgreens Boots Alliance stock in a transaction dated Tuesday, July 26th. The shares were sold at an average price of $81.35, for a total value of $168,150.45. Following the completion of the transaction, the director now owns 26,690 shares in the company, valued at $2,171,231.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Kathleen Wilson-Thompson sold 23,996 shares of Walgreens Boots Alliance stock in a transaction dated Thursday, September 8th. The stock was sold at an average price of $85.00, for a total transaction of $2,039,660.00. The disclosure for this sale can be found here. 21.10% of the stock is currently owned by insiders.

Walgreens Boots Alliance Company Profile

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).

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