Sei Investments Co. Increases Position in Express Scripts Holding Company (ESRX)
Sei Investments Co. boosted its position in shares of Express Scripts Holding Company (NASDAQ:ESRX) by 22.8% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 439,605 shares of the company’s stock after buying an additional 81,587 shares during the period. Sei Investments Co. owned about 0.08% of Express Scripts Holding worth $28,065,000 at the end of the most recent reporting period.
A number of other large investors have also recently modified their holdings of ESRX. Dubuque Bank & Trust Co. boosted its stake 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 worth $116,000 after buying an additional 608 shares in the last quarter. TrimTabs Asset Management LLC purchased a new stake in shares of Express Scripts Holding during the first quarter worth $121,000. Capital Analysts LLC boosted its stake 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 worth $124,000 after buying an additional 100 shares in the last quarter. IHT Wealth Management LLC boosted its stake in shares of Express Scripts Holding by 8.1% in the first quarter. IHT Wealth Management LLC now owns 1,944 shares of the company’s stock worth $128,000 after buying an additional 145 shares in the last quarter. Finally, FNY Partners Fund LP purchased a new stake in shares of Express Scripts Holding during the first quarter worth $138,000. Institutional investors own 88.70% of the company’s stock.
Express Scripts Holding Company (NASDAQ:ESRX) opened at 61.38 on Wednesday. Express Scripts Holding Company has a one year low of $57.80 and a one year high of $77.50. The firm has a market cap of $35.45 billion, a price-to-earnings ratio of 10.65 and a beta of 0.90. The company’s 50-day moving average price is $61.89 and its 200-day moving average price is $63.95.
Express Scripts Holding (NASDAQ:ESRX) last posted its quarterly earnings data on Tuesday, July 25th. The company reported $1.73 earnings per share (EPS) for the quarter, topping the 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 firm had revenue of $25.35 billion for the quarter, compared to the consensus estimate of $25.52 billion. During the same quarter in the prior year, the business earned $1.57 EPS. The business’s revenue for the quarter was up .5% compared to the same quarter last year. On average, analysts anticipate that Express Scripts Holding Company will post $6.99 EPS for the current year.
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A number of equities research analysts have weighed in on the company. Morgan Stanley boosted their price objective on Express Scripts Holding from $52.00 to $57.00 and gave the company an “underweight” rating in a research note on Thursday, August 10th. Needham & Company LLC assumed coverage on Express Scripts Holding in a research note on Friday, July 21st. They set a “hold” rating for the company. ValuEngine cut Express Scripts Holding from a “buy” rating to a “hold” rating in a research note on Friday, June 2nd. BidaskClub cut Express Scripts Holding from a “sell” rating to a “strong sell” rating in a research note on Friday, August 4th. Finally, Jefferies Group LLC set a $72.00 price target on Express Scripts Holding and gave the stock a “buy” rating in a research note on Tuesday. Four analysts have rated the stock with a sell rating, thirteen have given a hold rating, five have assigned a buy rating and one has given a strong buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of $70.03.
In other Express Scripts Holding news, VP Everett Neville sold 1,163 shares of the company’s stock in a transaction on Wednesday, August 23rd. The stock was sold at an average price of $61.48, for a total transaction of $71,501.24. Following the transaction, the vice president now owns 18,232 shares of the company’s stock, valued at approximately $1,120,903.36. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. 0.68% of the stock is currently owned by corporate 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).
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