TIAA CREF Investment Management LLC decreased its holdings in Express Scripts Holding Company (NASDAQ:ESRX) by 25.1% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,143,352 shares of the company’s stock after selling 1,054,060 shares during the quarter. TIAA CREF Investment Management LLC owned approximately 0.54% of Express Scripts Holding worth $200,672,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. First Trust Advisors LP grew its holdings in Express Scripts Holding by 25.3% in the 2nd quarter. First Trust Advisors LP now owns 708,955 shares of the company’s stock valued at $45,260,000 after buying an additional 143,163 shares during the period. Hancock Holding Co. grew its holdings in shares of Express Scripts Holding by 9.9% during the 1st quarter. Hancock Holding Co. now owns 183,489 shares of the company’s stock worth $12,094,000 after purchasing an additional 16,536 shares during the period. Twin Capital Management Inc. grew its holdings in shares of Express Scripts Holding by 0.8% during the 1st quarter. Twin Capital Management Inc. now owns 46,560 shares of the company’s stock worth $3,069,000 after purchasing an additional 360 shares during the period. Van ECK Associates Corp grew its holdings in shares of Express Scripts Holding by 28.8% during the 1st quarter. Van ECK Associates Corp now owns 373,636 shares of the company’s stock worth $24,626,000 after purchasing an additional 83,568 shares during the period. Finally, Wilkins Investment Counsel Inc. grew its holdings in shares of Express Scripts Holding by 6.9% during the 1st quarter. Wilkins Investment Counsel Inc. now owns 118,336 shares of the company’s stock worth $7,800,000 after purchasing an additional 7,630 shares during the period. Institutional investors own 88.69% of the company’s stock.

A number of analysts have recently issued reports on ESRX shares. Jefferies Group LLC set a $72.00 target price on Express Scripts Holding and gave the stock a “buy” rating in a report on Tuesday, August 29th. ValuEngine cut Express Scripts Holding from a “buy” rating to a “hold” rating in a report on Friday, September 1st. Robert W. Baird reiterated a “hold” rating and set a $56.00 target price on shares of Express Scripts Holding in a report on Friday, September 1st. Needham & Company LLC started coverage on Express Scripts Holding in a report on Friday, July 21st. They set a “hold” rating for the company. Finally, BidaskClub upgraded Express Scripts Holding from a “sell” rating to a “hold” rating in a report on Saturday, June 17th. Four investment analysts have rated the stock with a sell rating, fourteen have issued a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of $70.09.

WARNING: This article was originally posted by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are accessing this article on another publication, it was copied illegally and reposted in violation of US and international copyright & trademark laws. The correct version of this article can be viewed at https://www.thecerbatgem.com/2017/10/01/express-scripts-holding-company-esrx-holdings-reduced-by-tiaa-cref-investment-management-llc.html.

Express Scripts Holding Company (NASDAQ ESRX) opened at 63.32 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 market capitalization of $36.57 billion, a price-to-earnings ratio of 10.99 and a beta of 0.88. The firm has a 50 day moving average price of $61.81 and a 200-day moving average price of $62.96.

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

In other Express Scripts Holding news, Director Woodrow A. Myers, Jr. sold 3,900 shares of the firm’s stock in a transaction that occurred 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 sale, the director now owns 11,500 shares of the company’s stock, valued at approximately $735,195. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, VP Phyllis S. Anderson sold 578 shares of the firm’s stock in a transaction that occurred on Friday, September 8th. The shares were sold at an average price of $63.13, for a total value of $36,489.14. Following the completion of the sale, the vice president now directly owns 10,530 shares in the company, valued at approximately $664,758.90. The disclosure for this sale can be found here. Insiders sold a total of 5,641 shares of company stock worth $357,317 in the last ninety days. Insiders own 0.68% of the company’s stock.

About Express Scripts Holding

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).

Want to see what other hedge funds are holding ESRX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Express Scripts Holding Company (NASDAQ:ESRX).

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.