Walgreens Bts Aln Cm (NASDAQ:WBA).
Baird Financial Group, Inc. lowered its stake in Walgreens Bts Aln Cm stock by 88,788 shares in the last quarter. Its position was worth $17,617,000 a decrease of 29.0% according to the filing.
Here are some institutional investors who have increased or decreased their stake in (WBA). Van Strum & Towne Inc. cut its position by shedding 140 shares a decrease of 0.3%. Van Strum & Towne Inc. now holds 47,820 shares with a value of $3,693,000. The value of the position overall is down by 1.7%. Commonwealth Of Pennsylvania Public School Empls Retrmt SYS grew its investment by buying 11,401 shares an increase of 18.0% as of 09/30/2017. Commonwealth Of Pennsylvania Public School Empls Retrmt SYS claims 74,844 shares worth $5,779,000. The total value of its holdings increased 16.3%.
Baird Financial Group, Inc. downsized its ownership by shedding 88,788 shares a decrease of 28.0% in the quarter. Baird Financial Group, Inc. now controls 228,141 shares valued at $17,617,000. The total value of its holdings decreased 29.0%. As of quarter end Baird Financial Group, Inc. had disposed of a total of 88,788 shares trimming its position 28.0%. The value of the total investment in Walgreens Bts Aln Cm went from $24,819,000 to $17,617,000 decreasing 29.0% quarter over quarter.
As of the end of the quarter Tredje Ap-fonden had bought 50,080 shares growing its holdings by 50.8%. The value in dollars increased from $7,714,000 to $11,473,000 a change of 48.7% quarter to quarter.
Citigroup lowered the price target on November 2 changing the forecast from $95.00 to $81.00 with a rating of “Buy”.
On October 29, 2017 Jefferies Group LLC released research on WBA with a rating of “Buy” and setting a price target of $93.00. Loop Capital updated coverage of WBA stating a rating of “Buy” and projecting a price target of $90.00.
On October 25 Royal Bank Of Canada kept the company rating at “Buy” projecting a price of $88.00. Equity analyst Mizuho updated guidance on WBA and giving a rating of “Buy” and a price target of $94.00.
The company is so far trading up from yesterday’s close of 70.59. The company currently has a P/E ratio of 18.70 and the market cap is 71.28B. In the last earnings report the EPS was $3.78 with 1.01B shares presently outstanding.
Investors are feeling more bullish on shares of the company recently if you consider the downtick in short interest. The stock experienced a fall in short interest between September 29, 2017 and October 13, 2017 of -2.63%. Short shares decreased 568,415 over that timeframe. Days to cover decreased from 3.0 to 3.0 and the short interest percentage is 0.02% as of October 13.