Hennessy Advisors Inc. decreased its stake in Express Inc. (NYSE:EXPR) by 12.5% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,662,900 shares of the company’s stock after selling 236,700 shares during the period. Hennessy Advisors Inc. owned about 2.11% of Express worth $19,606,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the company. Emerald Acquisition Ltd. acquired a new position in Express during the second quarter valued at $114,000. US Bancorp DE boosted its stake in shares of Express by 23.2% in the second quarter. US Bancorp DE now owns 10,052 shares of the company’s stock valued at $146,000 after buying an additional 1,896 shares during the last quarter. Teacher Retirement System of Texas boosted its stake in shares of Express by 11.1% in the second quarter. Teacher Retirement System of Texas now owns 10,396 shares of the company’s stock valued at $151,000 after buying an additional 1,036 shares during the last quarter. Mason Street Advisors LLC purchased a new stake in shares of Express during the second quarter valued at approximately $194,000. Finally, Suntrust Banks Inc. boosted its stake in shares of Express by 7.0% in the second quarter. Suntrust Banks Inc. now owns 14,277 shares of the company’s stock valued at $206,000 after buying an additional 935 shares during the last quarter. Hedge funds and other institutional investors own 99.75% of the company’s stock.

Institutional Ownership by Quarter for Express (NYSE:EXPR)

Shares of Express Inc. (NYSE:EXPR) traded down 1.046% on Tuesday, hitting $13.715. The company had a trading volume of 718,775 shares. The company has a market capitalization of $1.08 billion, a P/E ratio of 10.607 and a beta of 1.59. The firm has a 50-day moving average price of $12.71 and a 200 day moving average price of $13.62. Express Inc. has a 12-month low of $11.28 and a 12-month high of $21.57.

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EXPR has been the subject of several recent research reports. Stifel Nicolaus lowered their price target on Express from $18.00 to $15.00 and set a “buy” rating for the company in a research note on Wednesday, August 24th. Mizuho lowered their price target on Express from $17.00 to $14.00 and set a “buy” rating for the company in a research note on Wednesday, August 24th. Nomura lowered their price target on Express from $17.00 to $14.00 and set a “buy” rating for the company in a research note on Thursday, August 25th. Argus reissued a “hold” rating on shares of Express in a research note on Thursday, August 25th. Finally, Deutsche Bank AG cut Express from a “buy” rating to a “hold” rating and lowered their price target for the company from $19.00 to $12.00 in a research note on Wednesday, August 24th. One investment analyst has rated the stock with a sell rating, thirteen have given a hold rating and four have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of $16.53.

Express Company Profile

Express, Inc is a specialty apparel and accessories retailer offering both women’s and men’s merchandise, targeting the 20 to 30 year old customer. The Company offers an assortment of fashionable apparel and accessories to address fashion needs across multiple aspects of lifestyles, including work, casual, jeans wear and going-out occasions.

5 Day Chart for NYSE:EXPR

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