Mitsubishi UFJ Asset Management Co. Ltd. Has $9.52 Million Holdings in Walgreens Boots Alliance, Inc. (NASDAQ:WBA)

Mitsubishi UFJ Asset Management Co. Ltd. decreased its holdings in Walgreens Boots Alliance, Inc. (NASDAQ:WBA) by 0.4% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,001,844 shares of the pharmacy operator’s stock after selling 3,772 shares during the quarter. Mitsubishi UFJ Asset Management Co. Ltd. owned 0.12% of Walgreens Boots Alliance worth $9,518,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of WBA. Brooklyn Investment Group increased its position in shares of Walgreens Boots Alliance by 21.1% in the fourth quarter. Brooklyn Investment Group now owns 4,757 shares of the pharmacy operator’s stock worth $44,000 after purchasing an additional 830 shares during the period. First Financial Corp IN grew its stake in Walgreens Boots Alliance by 49.2% during the fourth quarter. First Financial Corp IN now owns 2,685 shares of the pharmacy operator’s stock worth $25,000 after buying an additional 885 shares in the last quarter. CWA Asset Management Group LLC increased its holdings in Walgreens Boots Alliance by 9.2% in the 4th quarter. CWA Asset Management Group LLC now owns 12,893 shares of the pharmacy operator’s stock valued at $120,000 after buying an additional 1,084 shares during the period. Metis Global Partners LLC lifted its holdings in shares of Walgreens Boots Alliance by 4.9% during the 4th quarter. Metis Global Partners LLC now owns 23,815 shares of the pharmacy operator’s stock worth $222,000 after acquiring an additional 1,118 shares during the period. Finally, Harbour Investments Inc. boosted its position in shares of Walgreens Boots Alliance by 4.3% during the 4th quarter. Harbour Investments Inc. now owns 28,389 shares of the pharmacy operator’s stock worth $265,000 after acquiring an additional 1,165 shares in the last quarter. Institutional investors own 58.59% of the company’s stock.

Walgreens Boots Alliance Trading Down 0.2 %

WBA opened at $11.17 on Tuesday. The company has a debt-to-equity ratio of 0.68, a current ratio of 0.64 and a quick ratio of 0.30. Walgreens Boots Alliance, Inc. has a fifty-two week low of $8.08 and a fifty-two week high of $21.74. The company’s 50 day moving average price is $10.80 and its two-hundred day moving average price is $9.93. The firm has a market capitalization of $9.65 billion, a price-to-earnings ratio of -1.09, a PEG ratio of 1.31 and a beta of 0.62.

Walgreens Boots Alliance (NASDAQ:WBA) last issued its quarterly earnings data on Friday, January 10th. The pharmacy operator reported $0.51 earnings per share for the quarter, topping the consensus estimate of $0.38 by $0.13. The company had revenue of $39.50 billion for the quarter, compared to analysts’ expectations of $37.40 billion. Walgreens Boots Alliance had a negative net margin of 5.87% and a positive return on equity of 17.61%. Walgreens Boots Alliance’s revenue for the quarter was up 7.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.66 earnings per share. As a group, research analysts predict that Walgreens Boots Alliance, Inc. will post 1.6 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several brokerages have commented on WBA. Evercore ISI boosted their price objective on shares of Walgreens Boots Alliance from $9.00 to $12.00 and gave the company an “in-line” rating in a research report on Monday, January 13th. Deutsche Bank Aktiengesellschaft downgraded Walgreens Boots Alliance from a “hold” rating to a “sell” rating and dropped their price objective for the stock from $11.00 to $9.00 in a research report on Friday, February 28th. Truist Financial decreased their target price on Walgreens Boots Alliance from $13.00 to $12.00 and set a “hold” rating on the stock in a research report on Friday, January 31st. Royal Bank of Canada increased their target price on shares of Walgreens Boots Alliance from $9.00 to $12.00 and gave the stock a “sector perform” rating in a report on Wednesday, January 15th. Finally, StockNews.com started coverage on shares of Walgreens Boots Alliance in a report on Wednesday, March 26th. They set a “hold” rating on the stock. Four investment analysts have rated the stock with a sell rating, seven have given a hold rating and two have issued a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $10.59.

Walgreens Boots Alliance Profile

Walgreens Boots Alliance, Inc operates as a healthcare, pharmacy, and retail company in the United States, the United Kingdom, Germany, and internationally. It operates through three segments: U.S. Retail Pharmacy, International, and U.S. Healthcare. The U.S. Retail Pharmacy segment engages in operation of the retail drugstores, health and wellness services, specialty, and home delivery pharmacy services, which offers health and wellness, beauty, personal care and consumables, and general merchandise.