Meag Munich Ergo Kapitalanlagegesellschaft MBH Has $12.01 Million Stake in Express Scripts Holding Company (ESRX)

Meag Munich Ergo Kapitalanlagegesellschaft MBH boosted its position in Express Scripts Holding Company (NASDAQ:ESRX) by 53.4% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 188,354 shares of the company’s stock after buying an additional 65,586 shares during the period. Meag Munich Ergo Kapitalanlagegesellschaft MBH’s holdings in Express Scripts Holding were worth $12,011,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Dubuque Bank & Trust Co. increased its position in Express Scripts Holding by 53.1% in the first quarter. Dubuque Bank & Trust Co. now owns 1,753 shares of the company’s stock worth $116,000 after buying an additional 608 shares in the last quarter. TrimTabs Asset Management LLC purchased a new stake in Express Scripts Holding during the first quarter valued at about $121,000. Capital Analysts LLC increased its stake in 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. IHT Wealth Management LLC increased its stake in Express Scripts Holding by 8.1% in the first quarter. IHT Wealth Management LLC now owns 1,944 shares of the company’s stock valued at $128,000 after buying an additional 145 shares during the period. Finally, FNY Partners Fund LP purchased a new stake in Express Scripts Holding during the first quarter valued at about $138,000. Hedge funds and other institutional investors own 90.20% of the company’s stock.

Shares of Express Scripts Holding Company (NASDAQ:ESRX) traded up 0.51% during midday trading on Tuesday, reaching $62.64. 952,914 shares of the company’s stock traded hands. The stock has a market cap of $36.18 billion, a price-to-earnings ratio of 10.87 and a beta of 0.90. Express Scripts Holding Company has a 52-week low of $57.80 and a 52-week high of $77.61. The stock has a 50 day moving average of $63.15 and a 200-day moving average of $64.92.

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, topping the Zacks’ consensus estimate of $1.71 by $0.02. Express Scripts Holding had a return on equity of 25.58% and a net margin of 3.50%. The company had revenue of $25.35 billion during the quarter, compared to the consensus estimate of $25.52 billion. During the same quarter last year, the firm earned $1.57 earnings per share. The company’s revenue 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 year.

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Several analysts have commented on ESRX shares. Bank of America Corporation reissued a “neutral” rating and issued a $77.00 target price on shares of Express Scripts Holding in a research report on Tuesday, April 25th. Cowen and Company reduced their price objective on shares of Express Scripts Holding from $90.00 to $83.00 and set an “outperform” rating for the company in a research note on Tuesday, April 25th. SunTrust Banks, Inc. restated a “buy” rating on shares of Express Scripts Holding in a research note on Tuesday, April 25th. Mizuho reduced their price objective on shares of Express Scripts Holding from $76.00 to $61.00 and set a “neutral” rating for the company in a research note on Tuesday, April 25th. Finally, UBS AG set a $71.00 price objective on shares of Express Scripts Holding and gave the stock a “hold” rating in a research note on Tuesday, April 25th. Four analysts have rated the stock with a sell rating, thirteen have issued a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company. Express Scripts Holding currently has an average rating of “Hold” and an average price target of $70.81.

In other news, VP Phyllis S. Anderson sold 1,100 shares of Express Scripts Holding stock in a transaction on Friday, May 19th. The stock was sold at an average price of $60.08, for a total transaction of $66,088.00. Following the completion of the sale, the vice president now owns 11,108 shares of the company’s stock, valued at $667,368.64. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 0.68% of the stock is currently owned by company insiders.

Express Scripts Holding Company Profile

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).

Institutional Ownership by Quarter for Express Scripts Holding (NASDAQ:ESRX)

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