Jump Financial LLC Lowers Position in Walgreens Boots Alliance, Inc. $WBA

Jump Financial LLC lessened its holdings in Walgreens Boots Alliance, Inc. (NASDAQ:WBA) by 94.6% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,328 shares of the pharmacy operator’s stock after selling 179,833 shares during the quarter. Jump Financial LLC’s holdings in Walgreens Boots Alliance were worth $115,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently bought and sold shares of the business. Smartleaf Asset Management LLC grew its stake in Walgreens Boots Alliance by 57.6% in the 1st quarter. Smartleaf Asset Management LLC now owns 14,200 shares of the pharmacy operator’s stock valued at $159,000 after purchasing an additional 5,188 shares during the period. Groupe la Francaise bought a new position in Walgreens Boots Alliance in the 1st quarter valued at $335,000. Allstate Corp grew its stake in Walgreens Boots Alliance by 42.3% in the 1st quarter. Allstate Corp now owns 30,849 shares of the pharmacy operator’s stock valued at $345,000 after purchasing an additional 9,176 shares during the period. Kestra Advisory Services LLC grew its stake in Walgreens Boots Alliance by 4.8% in the 1st quarter. Kestra Advisory Services LLC now owns 338,937 shares of the pharmacy operator’s stock valued at $3,786,000 after purchasing an additional 15,519 shares during the period. Finally, Compound Planning Inc. bought a new position in Walgreens Boots Alliance in the 1st quarter valued at $119,000. Institutional investors own 58.59% of the company’s stock.

Walgreens Boots Alliance Price Performance

WBA stock opened at $11.98 on Friday. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.32 and a current ratio of 0.60. The company has a market capitalization of $10.37 billion, a price-to-earnings ratio of -1.64, a PEG ratio of 1.42 and a beta of 0.80. Walgreens Boots Alliance, Inc. has a fifty-two week low of $8.08 and a fifty-two week high of $13.25. The stock has a fifty day moving average of $11.75 and a 200-day moving average of $11.31.

Walgreens Boots Alliance (NASDAQ:WBA) last issued its earnings results on Thursday, June 26th. The pharmacy operator reported $0.38 EPS for the quarter, topping the consensus estimate of $0.34 by $0.04. Walgreens Boots Alliance had a positive return on equity of 17.66% and a negative net margin of 4.07%.The business had revenue of $38.99 billion during the quarter, compared to the consensus estimate of $36.72 billion. During the same quarter last year, the company earned $0.63 EPS. The firm’s revenue was up 7.2% compared to the same quarter last year. As a group, equities research analysts predict that Walgreens Boots Alliance, Inc. will post 1.6 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on WBA shares. Wall Street Zen started coverage on Walgreens Boots Alliance in a research note on Wednesday, May 21st. They issued a “hold” rating for the company. Morgan Stanley restated an “underweight” rating on shares of Walgreens Boots Alliance in a research note on Thursday, June 26th. Finally, UBS Group reiterated a “neutral” rating on shares of Walgreens Boots Alliance in a research note on Thursday, June 26th. One research analyst has rated the stock with a Buy rating, six have assigned a Hold rating and four have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Reduce” and an average price target of $10.15.

Walgreens Boots Alliance Company 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.