Express Scripts Holding Company (ESRX) Shares Bought by Senzar Asset Management LLC
Senzar Asset Management LLC increased its holdings in Express Scripts Holding Company (NASDAQ:ESRX) by 22.5% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 641,301 shares of the company’s stock after buying an additional 118,000 shares during the quarter. Express Scripts Holding comprises 10.1% of Senzar Asset Management LLC’s portfolio, making the stock its 2nd largest holding. Senzar Asset Management LLC owned about 0.11% of Express Scripts Holding worth $40,941,000 as of its most recent SEC filing.
Other hedge funds have also modified their holdings of the company. Burt Wealth Advisors grew its holdings in Express Scripts Holding by 11.4% in the 2nd quarter. Burt Wealth Advisors now owns 1,696 shares of the company’s stock worth $108,000 after buying an additional 174 shares in the last quarter. CKW Financial Group grew its holdings in Express Scripts Holding by 20.0% in the 2nd quarter. CKW Financial Group now owns 1,800 shares of the company’s stock worth $115,000 after buying an additional 300 shares in the last quarter. TrimTabs Asset Management LLC bought a new position in Express Scripts Holding in the 1st quarter worth approximately $121,000. Capital Analysts LLC grew its holdings in Express Scripts Holding by 5.6% in the 1st 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. Finally, IHT Wealth Management LLC grew its holdings in Express Scripts Holding by 8.1% in the 1st 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. 88.69% of the stock is owned by institutional investors and hedge funds.
A number of brokerages recently issued reports on ESRX. UBS AG lowered Express Scripts Holding from a “market perform” rating to an “underperform” rating in a report on Monday. BidaskClub lowered Express Scripts Holding from a “sell” rating to a “strong sell” rating in a report on Friday, August 4th. ValuEngine raised Express Scripts Holding from a “hold” rating to a “buy” rating in a report on Monday, October 2nd. Royal Bank Of Canada began coverage on Express Scripts Holding in a report on Tuesday, September 19th. They issued a “sector perform” rating and a $68.00 price objective for the company. Finally, Morgan Stanley increased 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. Five analysts have rated the stock with a sell rating, eleven have issued a hold rating, six have given a buy rating and one has issued a strong buy rating to the company. Express Scripts Holding has an average rating of “Hold” and an average target price of $69.45.
Shares of Express Scripts Holding Company (NASDAQ:ESRX) opened at 62.36 on Monday. The stock’s 50 day moving average price is $62.27 and its 200-day moving average price is $62.66. The firm has a market cap of $36.02 billion, a P/E ratio of 10.82 and a beta of 0.88. Express Scripts Holding Company has a 12 month low of $57.80 and a 12 month high of $77.50.
Express Scripts Holding (NASDAQ:ESRX) last announced its quarterly earnings results on Tuesday, July 25th. The company reported $1.73 earnings per share for the quarter, topping analysts’ consensus estimates of $1.71 by $0.02. The company had revenue of $25.35 billion for the quarter, compared to analysts’ expectations of $25.52 billion. Express Scripts Holding had a net margin of 3.50% and a return on equity of 25.58%. The business’s quarterly revenue was up .5% compared to the same quarter last year. During the same period last year, the firm posted $1.57 earnings per share. Equities research analysts anticipate that Express Scripts Holding Company will post $6.99 earnings per share for the current fiscal year.
In related news, VP Everett Neville sold 1,163 shares of the business’s stock in a transaction 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 sale, the vice president now directly owns 18,232 shares of the company’s stock, valued at approximately $1,120,903.36. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Woodrow A. Myers, Jr. sold 3,900 shares of the business’s stock in a transaction 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 in the company, valued at $735,195. The disclosure for this sale can be found here. Over the last three months, insiders have sold 5,641 shares of company stock worth $357,317. Insiders own 0.68% of the company’s stock.
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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