Express Scripts Holding Company (ESRX) Position Boosted by FDx Advisors Inc.
FDx Advisors Inc. lifted its holdings in shares of Express Scripts Holding Company (NASDAQ:ESRX) by 12.5% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 29,264 shares of the company’s stock after acquiring an additional 3,255 shares during the quarter. FDx Advisors Inc.’s holdings in Express Scripts Holding were worth $1,853,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors have also made changes to their positions in ESRX. LMR Partners LLP bought a new position in shares of Express Scripts Holding during the first quarter valued at approximately $559,000. ZWJ Investment Counsel Inc. bought a new position in Express Scripts Holding in the first quarter worth $328,000. Rafferty Asset Management LLC raised its holdings in Express Scripts Holding by 22.7% in the first quarter. Rafferty Asset Management LLC now owns 17,665 shares of the company’s stock worth $1,164,000 after purchasing an additional 3,265 shares in the last quarter. Van ECK Associates Corp raised its holdings in Express Scripts Holding by 28.8% in the first 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 in the last quarter. Finally, United Services Automobile Association raised its holdings in Express Scripts Holding by 11.6% in the first quarter. United Services Automobile Association now owns 1,051,072 shares of the company’s stock worth $69,276,000 after purchasing an additional 109,429 shares in the last quarter. Institutional investors own 89.44% of the company’s stock.
In related news, VP Phyllis S. Anderson sold 578 shares of Express Scripts Holding stock in a transaction that occurred on Friday, September 8th. The stock was sold at an average price of $63.13, for a total transaction of $36,489.14. Following the sale, the vice president now owns 10,530 shares of the company’s stock, valued at approximately $664,758.90. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Everett Neville sold 1,163 shares of Express Scripts Holding 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 sale, the vice president now directly owns 18,232 shares in the company, valued at approximately $1,120,903.36. The disclosure for this sale can be found here. Insiders have sold a total of 6,284 shares of company stock worth $397,421 in the last three months. 0.68% of the stock is owned by corporate insiders.
A number of equities analysts have issued reports on the company. BidaskClub downgraded Express Scripts Holding from a “sell” rating to a “strong sell” rating in a report on Friday, August 4th. Robert W. Baird raised their price target on Express Scripts Holding from $57.00 to $59.00 and gave the company a “neutral” rating in a report on Wednesday, October 25th. ValuEngine upgraded Express Scripts Holding from a “hold” rating to a “buy” rating in a report on Monday, October 2nd. Royal Bank Of Canada assumed coverage on Express Scripts Holding in a report on Tuesday, September 19th. They set a “sector perform” rating and a $68.00 price target for the company. Finally, Morgan Stanley raised their price target on Express Scripts Holding from $52.00 to $57.00 and gave the company an “underweight” rating in a report on Thursday, August 10th. Seven investment analysts have rated the stock with a sell rating, ten have assigned a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $69.53.
Express Scripts Holding Company (ESRX) traded down $0.70 during mid-day trading on Monday, hitting $60.05. The stock had a trading volume of 3,608,400 shares, compared to its average volume of 4,115,587. Express Scripts Holding Company has a 12-month low of $55.80 and a 12-month high of $77.50. The company has a current ratio of 0.73, a quick ratio of 0.61 and a debt-to-equity ratio of 0.86. The stock has a market cap of $34,010.00, a PE ratio of 8.78, a P/E/G ratio of 0.89 and a beta of 0.88.
Express Scripts Holding (NASDAQ:ESRX) last issued its earnings results on Tuesday, October 24th. The company reported $1.90 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.90. The company had revenue of $24.68 billion for the quarter, compared to the consensus estimate of $25.68 billion. Express Scripts Holding had a return on equity of 25.46% and a net margin of 3.64%. The firm’s quarterly revenue was down 2.9% on a year-over-year basis. During the same quarter last year, the company earned $1.74 EPS. equities analysts forecast that Express Scripts Holding Company will post 7.01 earnings per share for the current year.
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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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