Express Scripts Holding Company (ESRX) Shares Sold by Profund Advisors LLC
Profund Advisors LLC cut its holdings in Express Scripts Holding Company (NASDAQ:ESRX) by 0.3% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 55,802 shares of the company’s stock after selling 193 shares during the period. Profund Advisors LLC’s holdings in Express Scripts Holding were worth $3,562,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also bought and sold shares of the company. Burt Wealth Advisors grew its position in shares of Express Scripts Holding by 11.4% during the second quarter. Burt Wealth Advisors now owns 1,696 shares of the company’s stock valued at $108,000 after purchasing an additional 174 shares in the last quarter. CKW Financial Group increased its holdings in shares of Express Scripts Holding by 20.0% in the second quarter. CKW Financial Group now owns 1,800 shares of the company’s stock worth $115,000 after purchasing an additional 300 shares during the last quarter. TrimTabs Asset Management LLC bought a new stake in shares of Express Scripts Holding in the first quarter worth about $121,000. Capital Analysts LLC increased its holdings 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 purchasing an additional 100 shares during the last quarter. Finally, IHT Wealth Management LLC increased its holdings 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 purchasing an additional 145 shares during the last quarter. 88.69% of the stock is currently owned by institutional investors.
ESRX has been the subject of several research analyst reports. ValuEngine upgraded Express Scripts Holding from a “hold” rating to a “buy” rating in a report on Monday. BidaskClub downgraded Express Scripts Holding from a “sell” rating to a “strong sell” rating in a research note on Friday, August 4th. Cowen and Company reaffirmed an “outperform” rating and set a $83.00 price objective on shares of Express Scripts Holding in a report on Friday, June 9th. Royal Bank Of Canada began coverage on Express Scripts Holding in a report on Tuesday, September 19th. They set a “sector perform” rating and a $68.00 price objective on the stock. Finally, Morgan Stanley upped their price objective on Express Scripts Holding from $52.00 to $57.00 and gave the stock an “underweight” rating in a report on Thursday, August 10th. Four investment analysts have rated the stock with a sell rating, thirteen have given a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of $70.09.
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Shares of Express Scripts Holding Company (ESRX) opened at 63.65 on Wednesday. The company has a market capitalization of $36.76 billion, a price-to-earnings ratio of 11.05 and a beta of 0.88. Express Scripts Holding Company has a 52 week low of $57.80 and a 52 week high of $77.50. The company’s 50 day moving average price is $62.11 and its 200-day moving average price is $62.66.
Express Scripts Holding (NASDAQ:ESRX) last announced its quarterly earnings data 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. Express Scripts Holding had a net margin of 3.50% and a return on equity of 25.58%. The firm had revenue of $25.35 billion during the quarter, compared to analyst estimates of $25.52 billion. During the same quarter in the prior year, the firm posted $1.57 earnings per share. Express Scripts Holding’s quarterly revenue was up .5% on a year-over-year basis. Analysts anticipate that Express Scripts Holding Company will post $6.99 earnings per share for the current fiscal year.
In other news, VP Everett Neville sold 1,163 shares of the stock in a transaction that occurred on Wednesday, August 23rd. The shares were sold at an average price of $61.48, for a total value of $71,501.24. Following the completion of the sale, 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 filing with the SEC, which is accessible through this link. Also, Director Woodrow A. Myers, Jr. sold 3,900 shares of the stock in a transaction that occurred on Monday, September 11th. The shares were sold at an average price of $63.93, for a total transaction of $249,327.00. Following the completion of the sale, the director now directly owns 11,500 shares of the company’s stock, valued at approximately $735,195. The disclosure for this sale can be found here. Insiders have sold 5,641 shares of company stock worth $357,317 over the last ninety days. 0.68% of the stock is owned by insiders.
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).
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