Daiwa Securities Group Inc. decreased its position in Express Scripts Holding Co. (NASDAQ:ESRX) by 5.5% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 50,145 shares of the company’s stock after selling 2,900 shares during the period. Daiwa Securities Group Inc.’s holdings in Express Scripts Holding were worth $3,537,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. AGF Investments Inc. raised its stake in shares of Express Scripts Holding by 18.8% in the second quarter. AGF Investments Inc. now owns 235,038 shares of the company’s stock worth $17,810,000 after buying an additional 37,179 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in shares of Express Scripts Holding by 7.0% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 185,443 shares of the company’s stock worth $14,057,000 after buying an additional 12,057 shares during the last quarter. BloombergSen Inc. raised its stake in shares of Express Scripts Holding by 5.4% in the second quarter. BloombergSen Inc. now owns 1,396,497 shares of the company’s stock worth $105,854,000 after buying an additional 71,949 shares during the last quarter. Sumitomo Mitsui Trust Holdings Inc. raised its stake in shares of Express Scripts Holding by 0.4% in the second quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 2,177,155 shares of the company’s stock worth $165,028,000 after buying an additional 8,030 shares during the last quarter. Finally, PGGM Investments acquired a new stake in shares of Express Scripts Holding during the second quarter worth about $35,563,000. 84.94% of the stock is currently owned by institutional investors and hedge funds.

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

Express Scripts Holding Co. (NASDAQ:ESRX) traded down 1.28% on Wednesday, hitting $75.88. The company’s stock had a trading volume of 5,569,834 shares. Express Scripts Holding Co. has a 1-year low of $64.46 and a 1-year high of $89.00. The company has a market capitalization of $46.79 billion, a P/E ratio of 17.93 and a beta of 0.96. The company has a 50 day moving average price of $71.76 and a 200-day moving average price of $73.84.

Express Scripts Holding (NASDAQ:ESRX) last issued its quarterly earnings data on Tuesday, October 25th. The company reported $1.74 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $1.74. The firm had revenue of $25.41 billion for the quarter, compared to analysts’ expectations of $25.48 billion. Express Scripts Holding had a net margin of 2.70% and a return on equity of 24.99%. The company’s quarterly revenue was up .7% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.45 earnings per share. On average, equities analysts forecast that Express Scripts Holding Co. will post $6.39 earnings per share for the current fiscal year.

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A number of equities analysts recently commented on the company. Zacks Investment Research upgraded Express Scripts Holding from a “hold” rating to a “buy” rating and set a $79.00 price target for the company in a research note on Thursday, October 27th. Deutsche Bank AG upgraded Express Scripts Holding from a “sell” rating to a “hold” rating and lifted their price target for the stock from $69.00 to $70.00 in a research note on Thursday, November 3rd. They noted that the move was a valuation call. Credit Suisse Group AG reiterated an “outperform” rating and issued a $85.00 price target on shares of Express Scripts Holding in a research note on Monday, October 3rd. Jefferies Group reiterated a “buy” rating and issued a $88.00 price target on shares of Express Scripts Holding in a research note on Friday, October 28th. Finally, Sanford C. Bernstein reiterated an “underperform” rating and issued a $68.00 price target on shares of Express Scripts Holding in a research note on Tuesday, September 6th. Two investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and eight have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $80.78.

In other news, Director Woodrow A. Myers, Jr. sold 12,036 shares of the stock in a transaction that occurred on Wednesday, September 14th. The shares were sold at an average price of $70.40, for a total transaction of $847,334.40. Following the sale, the director now directly owns 14,918 shares of the company’s stock, valued at $1,050,227.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Christopher A. Mcginnis sold 1,785 shares of the stock in a transaction that occurred 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 sale, the vice president now directly owns 4,955 shares in the company, valued at $350,665.35. The disclosure for this sale can be found here. Company insiders own 0.54% of the company’s stock.

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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