Walgreens Boots Alliance Inc (WBA) : Egerton Capital (uk) Llp has sold out all of its stake in Walgreens Boots Alliance Inc during the Q4 period, according to the information disclosed to the SEC. The investment management company has sold out 4,460,346 shares of Walgreens Boots Alliance Inc which is valued at $374,401,443.
Other Hedge Funds, Including , Advantus Capital Management Inc boosted its stake in WBA during the Q4 period, The investment management firm added 2,113 additional shares and now holds a total of 84,049 shares of Walgreens Boots Alliance Inc which is valued at $7,055,073. Walgreens Boots Alliance Inc makes up approx 0.21% of Advantus Capital Management Inc’s portfolio.Sivik Global Healthcare reduced its stake in WBA by selling 13,512 shares or 33.78% during the fourth quarter. The Hedge Fund company now holds 26,488 shares of WBA which is valued at $2,223,403. Walgreens Boots Alliance Inc makes up approx 1.16% of Sivik Global Healthcare’s portfolio.
On the company’s financial health, Walgreens Boots Alliance Inc reported $1.03 EPS for the quarter, beating the analyst consensus estimate by $ 0.06 according to the earnings call on Jan 7, 2016. Analyst had a consensus of $0.97. The company had revenue of $29033.00 million for the quarter, compared to analysts expectations of $29243.67 million. The company’s revenue was up 48.5% compared to the same quarter last year.
Many Wall Street Analysts have commented on Walgreens Boots Alliance Inc. Shares were Reiterated by Barclays on Mar 10, 2016 to “Equal Weight” and Lowered the Price Target to $ 76 from a previous price target of $81 .Mizuho Upgraded Walgreens Boots Alliance Inc on Mar 1, 2016 to ” Buy”, Price Target of the shares are set at $90.Walgreens Boots Alliance Inc was Initiated by Atlantic Equities to “Neutral” on Feb 3, 2016.
Walgreens Boots Alliance Inc opened for trading at $83.76 and hit $84.58 on the upside on Friday, eventually ending the session at $83.94, with a gain of 0.77% or 0.64 points. The heightened volatility saw the trading volume jump to 94,60,311 shares. Company has a market cap of $90,550 M.
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.