FDO Partners LLC raised its stake in Express Scripts Holding Company (NASDAQ:ESRX) by 9.9% during the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 34,322 shares of the company’s stock after buying an additional 3,081 shares during the period. FDO Partners LLC’s holdings in Express Scripts Holding were worth $2,262,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also modified their holdings of the company. Dubuque Bank & Trust Co. boosted its position in shares of Express Scripts Holding by 53.1% in the first quarter. Dubuque Bank & Trust Co. now owns 1,753 shares of the company’s stock valued at $116,000 after buying an additional 608 shares during the period. TrimTabs Asset Management LLC acquired a new position in shares of Express Scripts Holding during the first quarter valued at about $121,000. Capital Analysts LLC boosted its position in shares of Express Scripts Holding by 5.6% in the first quarter. Capital Analysts LLC now owns 1,877 shares of the company’s stock valued at $124,000 after buying an additional 100 shares during the period. Pinnacle Bank acquired a new position in shares of Express Scripts Holding during the first quarter valued at about $143,000. Finally, Archford Capital Strategies LLC boosted its position in shares of Express Scripts Holding by 129.2% in the fourth quarter. Archford Capital Strategies LLC now owns 2,157 shares of the company’s stock valued at $148,000 after buying an additional 1,216 shares during the period. 90.20% of the stock is owned by hedge funds and other institutional investors.
Shares of Express Scripts Holding Company (NASDAQ ESRX) opened at 62.24 on Wednesday. The firm has a market cap of $35.95 billion, a price-to-earnings ratio of 10.80 and a beta of 0.90. Express Scripts Holding Company has a 12 month low of $57.80 and a 12 month high of $77.61. The stock has a 50 day moving average of $63.10 and a 200 day moving average of $64.87.
Express Scripts Holding (NASDAQ:ESRX) last posted its earnings results on Tuesday, July 25th. The company reported $1.73 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.71 by $0.02. Express Scripts Holding had a net margin of 3.50% and a return on equity of 25.58%. The firm had revenue of $25.35 billion during the quarter, compared to the consensus estimate of $25.52 billion. During the same period last year, the firm posted $1.57 EPS. The firm’s revenue for the quarter was up .5% on a year-over-year basis. On average, equities research analysts expect that Express Scripts Holding Company will post $6.99 EPS for the current fiscal year.
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Several research analysts recently issued reports on ESRX shares. SunTrust Banks, Inc. reissued a “buy” rating on shares of Express Scripts Holding in a report on Tuesday, April 25th. Jefferies Group LLC set a $88.00 target price on shares of Express Scripts Holding and gave the stock a “buy” rating in a report on Thursday, April 20th. UBS AG set a $71.00 target price on shares of Express Scripts Holding and gave the stock a “hold” rating in a report on Tuesday, April 25th. Edward Jones cut shares of Express Scripts Holding from a “buy” rating to a “hold” rating in a report on Wednesday, April 26th. Finally, BidaskClub raised shares of Express Scripts Holding from a “sell” rating to a “hold” rating in a report on Saturday, June 17th. Four investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company. Express Scripts Holding presently has a consensus rating of “Hold” and a consensus target price of $70.81.
In other Express Scripts Holding news, VP Phyllis S. Anderson sold 1,100 shares of the firm’s stock in a transaction dated Friday, May 19th. The shares were sold at an average price of $60.08, for a total transaction of $66,088.00. Following the completion of the transaction, the vice president now directly owns 11,108 shares in the company, valued at approximately $667,368.64. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.68% of the company’s stock.
About Express Scripts Holding
Express Scripts, Inc is a pharmacy benefit management (PBM) company in North America, offering a range of services to its clients, which include health insurers, third-party administrators, employers, union-sponsored benefit plans, workers’ compensation plans and government health programs. It operates in two segments: PBM and Emerging Markets (EM).
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