Utah Retirement Systems lowered its holdings in Express Scripts Holding Company (NASDAQ:ESRX) by 1.3% in the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 110,014 shares of the company’s stock after selling 1,400 shares during the quarter. Utah Retirement Systems’ holdings in Express Scripts Holding were worth $7,023,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Vanguard Group Inc. lifted its stake in shares of Express Scripts Holding by 1.6% in the 1st quarter. Vanguard Group Inc. now owns 40,251,311 shares of the company’s stock valued at $2,652,964,000 after purchasing an additional 649,400 shares during the period. State Street Corp lifted its stake in shares of Express Scripts Holding by 1.1% in the 1st quarter. State Street Corp now owns 27,060,709 shares of the company’s stock valued at $1,783,569,000 after purchasing an additional 298,341 shares during the period. Barrow Hanley Mewhinney & Strauss LLC lifted its stake in shares of Express Scripts Holding by 4.2% in the 1st quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 17,612,834 shares of the company’s stock valued at $1,160,862,000 after purchasing an additional 704,218 shares during the period. Bank of New York Mellon Corp lifted its stake in shares of Express Scripts Holding by 0.3% in the 1st quarter. Bank of New York Mellon Corp now owns 10,960,709 shares of the company’s stock valued at $722,420,000 after purchasing an additional 32,854 shares during the period. Finally, Macquarie Group Ltd. lifted its stake in shares of Express Scripts Holding by 2.8% in the 1st quarter. Macquarie Group Ltd. now owns 10,958,513 shares of the company’s stock valued at $722,275,000 after purchasing an additional 296,452 shares during the period. Institutional investors and hedge funds own 88.71% of the company’s stock.

Shares of Express Scripts Holding Company (NASDAQ:ESRX) opened at 62.65 on Friday. Express Scripts Holding Company has a 12-month low of $57.80 and a 12-month high of $77.50. The firm has a 50 day moving average price of $61.89 and a 200-day moving average price of $63.23. The company has a market cap of $36.18 billion, a price-to-earnings ratio of 10.87 and a beta of 0.88.

Express Scripts Holding (NASDAQ:ESRX) last issued its quarterly earnings results on Tuesday, July 25th. The company reported $1.73 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.71 by $0.02. The business had revenue of $25.35 billion for the quarter, compared to the consensus estimate of $25.52 billion. Express Scripts Holding had a return on equity of 25.58% and a net margin of 3.50%. The business’s quarterly revenue was up .5% on a year-over-year basis. During the same period in the prior year, the firm posted $1.57 earnings per share. On average, equities analysts expect that Express Scripts Holding Company will post $6.99 earnings per share for the current fiscal year.

TRADEMARK VIOLATION WARNING: This piece was originally reported by The Cerbat Gem and is owned by of The Cerbat Gem. If you are accessing this piece on another site, it was illegally stolen and republished in violation of international copyright laws. The original version of this piece can be viewed at https://www.thecerbatgem.com/2017/09/17/express-scripts-holding-company-esrx-shares-sold-by-utah-retirement-systems.html.

In other 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 directly owns 18,232 shares of the company’s stock, valued at $1,120,903.36. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director Woodrow A. Myers, Jr. sold 3,900 shares of the company’s stock in a transaction on Monday, September 11th. The stock was sold at an average price of $63.93, for a total value of $249,327.00. Following the transaction, the director now directly owns 11,500 shares in the company, valued at $735,195. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 5,641 shares of company stock worth $357,317. Insiders own 0.68% of the company’s stock.

A number of research analysts have recently commented on the company. Robert W. Baird restated a “hold” rating and issued a $56.00 target price on shares of Express Scripts Holding in a research note on Friday, September 1st. Morgan Stanley raised their target price 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. BidaskClub cut Express Scripts Holding from a “sell” rating to a “strong sell” rating in a research note on Friday, August 4th. ValuEngine cut Express Scripts Holding from a “buy” rating to a “hold” rating in a research note on Friday, September 1st. Finally, Cowen and Company restated an “outperform” rating and issued a $83.00 target price on shares of Express Scripts Holding in a research note on Friday, June 9th. Four research analysts have rated the stock with a sell rating, thirteen have given a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock has an average rating of “Hold” and an average target price of $70.24.

Express Scripts Holding 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)

Receive News & Stock Ratings for Express Scripts Holding Company Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Express Scripts Holding Company and related stocks with our FREE daily email newsletter.