Bank of Montreal Can raised its stake in Express Scripts Holding (NASDAQ:ESRX) by 20.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 794,395 shares of the company’s stock after acquiring an additional 132,758 shares during the period. Bank of Montreal Can’s holdings in Express Scripts were worth $59,293,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the company. Sandy Spring Bank raised its holdings in shares of Express Scripts by 0.6% during the 2nd quarter. Sandy Spring Bank now owns 6,464 shares of the company’s stock worth $413,000 after buying an additional 37 shares in the last quarter. Stonebridge Capital Advisors LLC raised its holdings in shares of Express Scripts by 0.4% during the 2nd quarter. Stonebridge Capital Advisors LLC now owns 24,059 shares of the company’s stock worth $1,536,000 after buying an additional 100 shares in the last quarter. National Asset Management Inc. raised its holdings in shares of Express Scripts by 1.5% during the 2nd quarter. National Asset Management Inc. now owns 7,939 shares of the company’s stock worth $510,000 after buying an additional 115 shares in the last quarter. San Francisco Sentry Investment Group CA grew its position in Express Scripts by 3.2% during the 2nd quarter. San Francisco Sentry Investment Group CA now owns 4,487 shares of the company’s stock worth $286,000 after acquiring an additional 138 shares during the last quarter. Finally, Ironwood Investment Counsel LLC grew its position in Express Scripts by 2.7% during the 2nd quarter. Ironwood Investment Counsel LLC now owns 5,327 shares of the company’s stock worth $340,000 after acquiring an additional 140 shares during the last quarter. 88.21% of the stock is owned by institutional investors.

In related news, CEO Timothy C. Wentworth purchased 8,000 shares of Express Scripts stock in a transaction on Tuesday, October 31st. The shares were purchased at an average price of $61.13 per share, for a total transaction of $489,040.00. Following the transaction, the chief executive officer now owns 98,628 shares of the company’s stock, valued at approximately $6,029,129.64. The purchase was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, VP Glen D. Stettin sold 3,449 shares of the company’s stock in a transaction dated Thursday, January 11th. The shares were sold at an average price of $81.00, for a total value of $279,369.00. Following the completion of the sale, the vice president now owns 33,715 shares in the company, valued at approximately $2,730,915. The disclosure for this sale can be found here. Insiders sold a total of 17,644 shares of company stock worth $1,289,609 in the last quarter. Corporate insiders own 0.68% of the company’s stock.

A number of equities research analysts recently weighed in on the company. SunTrust Banks restated a “buy” rating and set a $95.00 price objective on shares of Express Scripts in a research report on Friday, January 12th. Robert W. Baird restated a “buy” rating and set a $92.00 price objective (up previously from $81.00) on shares of Express Scripts in a research report on Tuesday, January 9th. Evercore ISI assumed coverage on Express Scripts in a research report on Thursday, January 4th. They set an “in-line” rating and a $78.00 price objective on the stock. BidaskClub upgraded Express Scripts from a “buy” rating to a “strong-buy” rating in a research report on Friday, December 22nd. Finally, Needham & Company LLC restated a “hold” rating on shares of Express Scripts in a research report on Thursday, December 21st. Five equities research analysts have rated the stock with a sell rating, ten have issued a hold rating, eight have given a buy rating and two have given a strong buy rating to the company. Express Scripts has an average rating of “Hold” and an average target price of $77.09.

Shares of Express Scripts Holding (NASDAQ:ESRX) opened at $80.22 on Friday. Express Scripts Holding has a 52-week low of $55.80 and a 52-week high of $81.75. The company has a market capitalization of $45,310.00, a PE ratio of 13.33, a price-to-earnings-growth ratio of 0.89 and a beta of 0.87. The company has a debt-to-equity ratio of 0.86, a current ratio of 0.73 and a quick ratio of 0.61.

Express Scripts (NASDAQ:ESRX) last released its quarterly earnings results on Tuesday, October 24th. The company reported $1.90 EPS for the quarter, meeting analysts’ consensus estimates of $1.90. Express Scripts had a return on equity of 25.46% and a net margin of 3.64%. The firm had revenue of $24.68 billion for the quarter, compared to analyst estimates of $25.68 billion. During the same quarter in the previous year, the company posted $1.74 EPS. The business’s revenue was down 2.9% on a year-over-year basis. equities research analysts expect that Express Scripts Holding will post 7.04 earnings per share for the current fiscal year.

Express Scripts announced that its board has approved a share repurchase plan on Monday, December 18th that authorizes the company to repurchase 45,000,000 outstanding shares. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Stock repurchase plans are often a sign that the company’s management believes its stock is undervalued.

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About Express Scripts

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 (NASDAQ:ESRX)

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