Frontier Capital Management Co. LLC increased its position in shares of Express, Inc. (NYSE:EXPR) by 15.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 755,477 shares of the company’s stock after acquiring an additional 102,545 shares during the quarter. Frontier Capital Management Co. LLC’s holdings in Express were worth $7,668,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in EXPR. Piedmont Investment Advisors LLC acquired a new stake in Express during the 2nd quarter worth approximately $114,000. Public Employees Retirement System of Ohio raised its holdings in Express by 29.5% during the 2nd quarter. Public Employees Retirement System of Ohio now owns 20,739 shares of the company’s stock worth $140,000 after buying an additional 4,722 shares during the period. Gotham Asset Management LLC acquired a new stake in Express during the 2nd quarter worth approximately $148,000. Virtu KCG Holdings LLC acquired a new stake in Express during the 2nd quarter worth approximately $177,000. Finally, Municipal Employees Retirement System of Michigan raised its holdings in Express by 59.1% during the 3rd quarter. Municipal Employees Retirement System of Michigan now owns 29,420 shares of the company’s stock worth $199,000 after buying an additional 10,930 shares during the period. 98.96% of the stock is currently owned by institutional investors and hedge funds.

Shares of Express, Inc. (NYSE EXPR) opened at $7.53 on Tuesday. Express, Inc. has a fifty-two week low of $5.28 and a fifty-two week high of $11.69. The stock has a market cap of $587.12, a P/E ratio of 47.07 and a beta of 1.55.

Express (NYSE:EXPR) last posted its quarterly earnings data on Thursday, November 30th. The company reported $0.08 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.08. Express had a net margin of 0.60% and a return on equity of 3.85%. The company had revenue of $498.70 million for the quarter, compared to the consensus estimate of $487.38 million. During the same period last year, the company earned $0.15 earnings per share. The firm’s revenue was down 1.5% compared to the same quarter last year. equities research analysts expect that Express, Inc. will post 0.34 EPS for the current fiscal year.

Express announced that its board has initiated a share buyback plan on Thursday, November 30th that allows the company to repurchase $150.00 million in outstanding shares. This repurchase authorization allows the company to purchase shares of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s leadership believes its shares are undervalued.

Several analysts have commented on EXPR shares. SunTrust Banks restated a “hold” rating and set a $6.00 target price on shares of Express in a report on Monday, October 2nd. Zacks Investment Research upgraded shares of Express from a “hold” rating to a “buy” rating and set a $7.75 target price on the stock in a report on Tuesday, October 24th. BidaskClub upgraded shares of Express from a “strong sell” rating to a “sell” rating in a report on Wednesday, October 18th. FBR & Co restated a “hold” rating and set a $7.00 target price on shares of Express in a report on Friday, September 29th. Finally, B. Riley raised their target price on shares of Express from $7.00 to $9.00 and gave the stock a “neutral” rating in a report on Thursday, November 30th. One analyst has rated the stock with a sell rating and eleven have given a hold rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of $8.88.

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Express Company Profile

Express, Inc is a specialty apparel and accessories retailer offering both women’s and men’s merchandise. The Company targets women and men between 20 and 30 years old. It offers an assortment of fashionable apparel and accessories to address fashion needs across multiple aspects of lifestyles, including work, casual, jeanswear and going-out occasions.

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Institutional Ownership by Quarter for Express (NYSE:EXPR)

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