Scotia Capital Inc. reduced its position in Express Scripts Holding Company (NASDAQ:ESRX) by 58.8% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 9,079 shares of the company’s stock after selling 12,948 shares during the quarter. Scotia Capital Inc.’s holdings in Express Scripts Holding were worth $580,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of ESRX. Park National Corp OH increased its position in shares of Express Scripts Holding by 0.3% during the second quarter. Park National Corp OH now owns 3,575 shares of the company’s stock worth $228,000 after acquiring an additional 11 shares during the period. Parkside Financial Bank & Trust increased its position in shares of Express Scripts Holding by 0.3% during the second quarter. Parkside Financial Bank & Trust now owns 8,634 shares of the company’s stock worth $551,000 after acquiring an additional 23 shares during the period. Carroll Financial Associates Inc. increased its position in shares of Express Scripts Holding by 1.0% during the second quarter. Carroll Financial Associates Inc. now owns 3,186 shares of the company’s stock worth $203,000 after acquiring an additional 30 shares during the period. CAPROCK Group Inc. increased its position in shares of Express Scripts Holding by 0.9% during the second quarter. CAPROCK Group Inc. now owns 3,675 shares of the company’s stock worth $235,000 after acquiring an additional 33 shares during the period. Finally, Sandy Spring Bank increased its position in shares of Express Scripts Holding by 0.6% during the second quarter. Sandy Spring Bank now owns 6,464 shares of the company’s stock worth $413,000 after acquiring an additional 37 shares during the period. 88.69% of the stock is currently owned by institutional investors.

ESRX has been the topic of a number of research reports. BidaskClub lowered shares of Express Scripts Holding from a “hold” rating to a “sell” rating in a research report on Wednesday, July 12th. Needham & Company LLC initiated coverage on shares of Express Scripts Holding in a research report on Friday, July 21st. They set a “hold” rating on the stock. Morgan Stanley raised their target price on shares of Express Scripts Holding from $52.00 to $57.00 and gave the stock an “underweight” rating in a research report on Thursday, August 10th. Jefferies Group LLC set a $72.00 target price on shares of Express Scripts Holding and gave the stock a “buy” rating in a research report on Tuesday, August 29th. Finally, Robert W. Baird reaffirmed a “hold” rating and set a $56.00 target price on shares of Express Scripts Holding in a research report on Friday, September 1st. Six research analysts have rated the stock with a sell rating, eleven have given a hold rating, seven have given a buy rating and one has given a strong buy rating to the company. Express Scripts Holding currently has a consensus rating of “Hold” and a consensus price target of $69.09.

Shares of Express Scripts Holding Company (ESRX) opened at 57.77 on Thursday. Express Scripts Holding Company has a 52 week low of $55.80 and a 52 week high of $77.50. The firm has a market capitalization of $33.37 billion, a P/E ratio of 10.03 and a beta of 0.88. The firm has a 50-day moving average of $61.54 and a 200 day moving average of $62.24.

Express Scripts Holding (NASDAQ:ESRX) last announced its quarterly earnings data on Tuesday, July 25th. The company reported $1.73 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 company had revenue of $25.35 billion for the quarter, compared to the consensus estimate of $25.52 billion. During the same period in the prior year, the firm posted $1.57 EPS. The company’s quarterly revenue was up .5% compared to the same quarter last year. On average, equities research analysts expect that Express Scripts Holding Company will post $6.99 EPS for the current fiscal year.

In other Express Scripts Holding news, 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 value of $249,327.00. Following the sale, the director now directly owns 11,500 shares of the company’s stock, valued at approximately $735,195. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, VP Phyllis S. Anderson sold 578 shares of the stock in a transaction that occurred on Friday, September 8th. The shares were sold at an average price of $63.13, for a total transaction of $36,489.14. Following the completion of the sale, the vice president now directly owns 10,530 shares in the company, valued at $664,758.90. The disclosure for this sale can be found here. Over the last three months, insiders sold 5,641 shares of company stock worth $357,317. Insiders own 0.68% of the company’s stock.

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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).

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

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