California Public Employees Retirement System increased its position in shares of Express Scripts Holding Company (NASDAQ:ESRX) by 3.3% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,520,200 shares of the company’s stock after acquiring an additional 49,000 shares during the period. California Public Employees Retirement System owned about 0.26% of Express Scripts Holding worth $97,050,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Pzena Investment Management LLC acquired a new stake in Express Scripts Holding in the 2nd quarter valued at about $181,234,000. Renaissance Technologies LLC raised its position in Express Scripts Holding by 9,353.3% in the 1st quarter. Renaissance Technologies LLC now owns 1,308,239 shares of the company’s stock valued at $86,226,000 after purchasing an additional 1,294,400 shares in the last quarter. Baupost Group LLC MA acquired a new stake in Express Scripts Holding in the 1st quarter valued at about $80,978,000. Northern Trust Corp raised its position in Express Scripts Holding by 12.2% in the 2nd quarter. Northern Trust Corp now owns 11,068,777 shares of the company’s stock valued at $706,629,000 after purchasing an additional 1,206,980 shares in the last quarter. Finally, Veritas Asset Management LLP raised its position in Express Scripts Holding by 13.2% in the 2nd quarter. Veritas Asset Management LLP now owns 8,192,572 shares of the company’s stock valued at $523,014,000 after purchasing an additional 952,249 shares in the last quarter. 88.69% of the stock is currently owned by hedge funds and other institutional investors.

A number of equities research analysts have issued reports on ESRX shares. ValuEngine lowered Express Scripts Holding from a “buy” rating to a “hold” rating in a research report on Friday, September 1st. Robert W. Baird reaffirmed a “hold” rating and issued a $56.00 price target on shares of Express Scripts Holding in a research report on Friday, September 1st. Jefferies Group LLC set a $72.00 price target on Express Scripts Holding and gave the company a “buy” rating in a research report on Tuesday, August 29th. BidaskClub raised Express Scripts Holding from a “sell” rating to a “hold” rating in a research report on Saturday, June 17th. Finally, Needham & Company LLC started coverage on Express Scripts Holding in a research report on Friday, July 21st. They issued a “hold” rating on the stock. Four equities research analysts have rated the stock with a sell rating, twelve have given a hold rating, six have issued a buy rating and one has given a strong buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of $69.45.

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Express Scripts Holding Company (ESRX) opened at 62.36 on Friday. Express Scripts Holding Company has a 1-year low of $57.80 and a 1-year high of $77.50. The company’s 50-day moving average price is $62.27 and its 200-day moving average price is $62.66. The stock has a market cap of $36.02 billion, a P/E ratio of 10.82 and a beta of 0.88.

Express Scripts Holding (NASDAQ:ESRX) last issued its quarterly earnings data 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. Express Scripts Holding had a return on equity of 25.58% and a net margin of 3.50%. The business had revenue of $25.35 billion during the quarter, compared to analyst estimates of $25.52 billion. During the same period in the prior year, the company posted $1.57 EPS. The business’s revenue for the quarter was up .5% compared to the same quarter last year. Analysts predict that Express Scripts Holding Company will post $6.99 EPS for the current year.

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

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

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