This is a positive change from Walgreens Boots Alliance’s previous quarterly dividend of $0.36.
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Walgreens, the largest US drugstore operator, had earlier estimated it would have to sell not more than 500 stores to win the approvals. The Hedge Fund company now holds 25,172 shares of WBA which is valued at $2,097,331. At present, 0 analysts recommended Selling these shares while 9 recommended Hold, according to FactSet data.
Walgreens Boots Alliance, Inc (Walgreens Boots Alliance) is a holding company. The heightened volatility saw the trading volume jump to 32,96,108 shares. The company has a market capitalization of $89.63 billion and a PE ratio of 28.61. In the prior quarter, Walgreens Boots Alliance, Inc. 0 analysts call it Underweight, while 1 think it is Overweight.
During the last trading session, the stock’s price changed +2.21% above its 200 day moving average of $81.09 and moving +1.93% upbeat it’s SMA 50 of $81.31.
EPS growth for this year is 100.00% and EPS growth for next year is expected to reach at 11.07%.
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Many Wall Street Analysts have commented on Walgreens Boots Alliance Inc. The forecast of 12 polled investment analysts covering the stock advises investors to Buy stake in the company. Walgreens Boots Alliance Inc makes up approx 0.94% of Gratus Capital’s portfolio. Finally, Jefferies Group restated a “neutral” rating on shares of Walgreens Boots Alliance in a report on Thursday, July 7th. The Company is a global pharmacy-led, health and wellbeing enterprise. Even with the closure of 1,000 stores, the combined company would still dwarf the nation’s second-largest drugstore chain, CVS Health, which has 9,600 outlets.
