Public Employees Retirement Association of Colorado reduced its position in Express Scripts Holding Co. (NASDAQ:ESRX) by 6.8% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 139,637 shares of the company’s stock after selling 10,183 shares during the period. Public Employees Retirement Association of Colorado’s holdings in Express Scripts Holding were worth $10,584,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the company. Geode Capital Management LLC raised its position in shares of Express Scripts Holding by 4.2% in the first quarter. Geode Capital Management LLC now owns 5,770,036 shares of the company’s stock worth $395,586,000 after buying an additional 232,045 shares during the period. FPR Partners LLC raised its position in shares of Express Scripts Holding by 2.1% in the first quarter. FPR Partners LLC now owns 5,455,837 shares of the company’s stock worth $374,761,000 after buying an additional 110,974 shares during the period. UBS Asset Management Americas Inc. raised its position in shares of Express Scripts Holding by 3.9% in the first quarter. UBS Asset Management Americas Inc. now owns 4,912,950 shares of the company’s stock worth $337,470,000 after buying an additional 186,488 shares during the period. Nordea Investment Management AB raised its position in shares of Express Scripts Holding by 95.8% in the second quarter. Nordea Investment Management AB now owns 4,232,191 shares of the company’s stock worth $320,800,000 after buying an additional 2,070,886 shares during the period. Finally, Legal & General Group Plc raised its position in shares of Express Scripts Holding by 2.7% in the first quarter. Legal & General Group Plc now owns 3,305,634 shares of the company’s stock worth $227,102,000 after buying an additional 88,227 shares during the period. 88.52% of the stock is currently owned by institutional investors.

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

Express Scripts Holding Co. (NASDAQ:ESRX) traded up 1.04% on Friday, reaching $69.76. 2,976,526 shares of the company’s stock were exchanged. Express Scripts Holding Co. has a 1-year low of $65.55 and a 1-year high of $89.20. The company has a market capitalization of $43.96 billion, a P/E ratio of 17.24 and a beta of 1.16. The firm has a 50-day moving average price of $70.93 and a 200-day moving average price of $73.72.

Express Scripts Holding (NASDAQ:ESRX) last issued its earnings results on Monday, July 25th. The company reported $1.57 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.57. Express Scripts Holding had a net margin of 2.64% and a return on equity of 23.98%. The business earned $25.20 billion during the quarter, compared to analysts’ expectations of $25.42 billion. During the same quarter in the prior year, the business posted $1.44 EPS. The company’s revenue for the quarter was down .9% on a year-over-year basis. Equities research analysts expect that Express Scripts Holding Co. will post $6.36 earnings per share for the current year.

ESRX has been the topic of a number of research reports. Zacks Investment Research lowered shares of Express Scripts Holding from a “buy” rating to a “hold” rating in a research report on Thursday, August 4th. Leerink Swann reaffirmed a “market perform” rating and set a $80.00 target price on shares of Express Scripts Holding in a research report on Thursday, September 1st. Barclays PLC increased their price objective on shares of Express Scripts Holding from $85.00 to $87.00 and gave the company an “overweight” rating in a research note on Wednesday, July 27th. Sanford C. Bernstein started coverage on shares of Express Scripts Holding in a research note on Thursday, June 16th. They set an “underperform” rating and a $68.00 price objective on the stock. Finally, Jefferies Group dropped their price objective on shares of Express Scripts Holding from $98.00 to $88.00 and set a “buy” rating on the stock in a research note on Tuesday, July 26th. Three equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and nine have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of $81.53.

In related news, VP Christopher A. Mcginnis sold 1,785 shares of the stock in a transaction on Monday, September 12th. The shares were sold at an average price of $70.77, for a total transaction of $126,324.45. Following the completion of the sale, the vice president now owns 4,955 shares in the company, valued at approximately $350,665.35. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Woodrow A. Myers, Jr. sold 12,036 shares of the stock in a transaction on Wednesday, September 14th. The stock was sold at an average price of $70.40, for a total transaction of $847,334.40. Following the sale, the director now owns 14,918 shares of the company’s stock, valued at approximately $1,050,227.20. The disclosure for this sale can be found here. 0.54% of the stock is currently owned by 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).

5 Day Chart for NASDAQ:ESRX

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