Walgreens Boots Alliance shares rose 2.6% this morning to a price of $42.12. The stock is still trading within range of its average target price of $42.24, and over the last 52 weeks, it has recorded a -16.7% performance. Analysts have given the large-cap Pharmaceutical Retail stock target prices ranging from $36 to $54 dollars per share, with an average rating of hold.
The stock has an average amount of shares sold short at 3.9%, and a short ratio of 4.01. The company's insiders own 17.15% of its outstanding shares, which indicates a strong alignment between management and shareholder interests. Finally, we also note that an average number of institutional investors are invested in the stock, with 59.7% of Walgreens Boots Alliance's shares being owned by this investor type.
Institutions Invested in Walgreens Boots Alliance
| Holder | Shares | Date Reported | Percentage | Value |
|---|---|---|---|---|
| Vanguard Group, Inc. (The) | 62,574,698 | 2022-09-29 | 7.26% | $2,635,652,419.00 |
| Blackrock Inc. | 58,812,727 | 2022-09-29 | 6.82% | $2,477,197,831.00 |
| State Street Corporation | 53,374,188 | 2022-09-29 | 6.19% | $2,248,126,035.00 |
| Capital World Investors | 18,161,151 | 2022-09-29 | 2.11% | $764,949,461.00 |
| FMR, LLC | 13,499,818 | 2022-09-29 | 1.57% | $568,613,658.00 |
| Geode Capital Management, LLC | 13,303,630 | 2022-09-29 | 1.54% | $560,350,200.00 |
| Invesco Ltd. | 12,032,799 | 2022-09-29 | 1.40% | $506,822,674.00 |
| Morgan Stanley | 10,818,889 | 2022-09-29 | 1.25% | $455,692,666.00 |
| Wells Fargo & Company | 8,814,044 | 2022-09-29 | 1.02% | $371,248,398.00 |
| Northern Trust Corporation | 8,024,148 | 2022-09-29 | 0.93% | $337,977,901.00 |
Top Mutual Funds Invested in Walgreens Boots Alliance
| Holder | Shares | Date Reported | Percentage | Value |
|---|---|---|---|---|
| Vanguard Total Stock Market Index Fund | 21,876,944 | 2022-09-29 | 2.54% | $921,459,027.00 |
| Vanguard 500 Index Fund | 16,261,197 | 2022-09-29 | 1.89% | $684,923,213.00 |
| SPDR (R) Ser Tr- SPDR (R) S&P (R) Dividend ETF | 12,721,862 | 2022-11-29 | 1.48% | $535,846,075.00 |
| Invesco ETF Tr-Invesco QQQ Tr, Series 1 ETF | 12,427,904 | 2022-10-30 | 1.44% | $523,464,535.00 |
| Fidelity Low-Priced Stock Fund | 8,962,096 | 2022-09-29 | 1.04% | $377,484,362.00 |
| SPDR S&P 500 ETF Trust | 7,866,881 | 2022-11-29 | 0.91% | $331,353,799.00 |
| Fidelity 500 Index Fund | 7,784,182 | 2022-10-30 | 0.90% | $327,870,509.00 |
| iShares Select Dividend ETF | 6,752,839 | 2022-10-30 | 0.78% | $284,430,241.00 |
| Vanguard Index-Value Index Fund | 6,449,199 | 2022-09-29 | 0.75% | $271,640,894.00 |
| iShares Core S&P 500 ETF | 6,492,661 | 2022-10-30 | 0.75% | $273,471,518.00 |
Besides an analyst consensus of some upside potential, other market factors point to there being mixed market sentiment on Walgreens Boots Alliance.
