Advanced Asset Management Advisors Inc acquired a new stake in Express Scripts Holding Co (NASDAQ:ESRX) in the 2nd quarter, Holdings Channel reports. The institutional investor acquired 19,100 shares of the company’s stock, valued at approximately $1,475,000.

A number of other hedge funds also recently made changes to their positions in ESRX. Hennessy Advisors Inc. purchased a new position in shares of Express Scripts during the first quarter valued at approximately $2,874,000. Daiwa Securities Group Inc. increased its stake in shares of Express Scripts by 41.5% during the first quarter. Daiwa Securities Group Inc. now owns 31,150 shares of the company’s stock valued at $2,152,000 after buying an additional 9,129 shares during the period. Dupont Capital Management Corp increased its stake in shares of Express Scripts by 24.4% during the first quarter. Dupont Capital Management Corp now owns 57,379 shares of the company’s stock valued at $3,964,000 after buying an additional 11,250 shares during the period. Check Capital Management Inc. CA increased its stake in shares of Express Scripts by 3.8% during the first quarter. Check Capital Management Inc. CA now owns 794,013 shares of the company’s stock valued at $54,850,000 after buying an additional 29,125 shares during the period. Finally, Cobblestone Capital Advisors LLC NY increased its stake in shares of Express Scripts by 0.9% during the first quarter. Cobblestone Capital Advisors LLC NY now owns 108,106 shares of the company’s stock valued at $7,468,000 after buying an additional 1,002 shares during the period. Hedge funds and other institutional investors own 85.22% of the company’s stock.

Express Scripts opened at $76.83 on Tuesday, MarketBeat reports. The company has a debt-to-equity ratio of 0.69, a quick ratio of 0.56 and a current ratio of 0.71. Express Scripts Holding Co has a 12 month low of $55.80 and a 12 month high of $85.07. The firm has a market capitalization of $43.58 billion, a price-to-earnings ratio of 10.82, a P/E/G ratio of 0.98 and a beta of 0.95.

Express Scripts (NASDAQ:ESRX) last released its earnings results on Wednesday, August 1st. The company reported $2.22 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $2.20 by $0.02. Express Scripts had a return on equity of 25.49% and a net margin of 4.65%. The business had revenue of $25.64 billion for the quarter, compared to the consensus estimate of $25.43 billion. During the same period in the previous year, the company posted $1.73 earnings per share. The company’s revenue for the quarter was up 1.2% compared to the same quarter last year. research analysts predict that Express Scripts Holding Co will post 9.07 EPS for the current year.

In other Express Scripts news, insider Christine Houston sold 10,000 shares of the business’s stock in a transaction on Wednesday, June 13th. The stock was sold at an average price of $82.28, for a total value of $822,800.00. Following the sale, the insider now directly owns 108,010 shares of the company’s stock, valued at $8,887,062.80. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 0.79% of the company’s stock.

Several equities research analysts recently weighed in on the company. ValuEngine raised Express Scripts from a “hold” rating to a “buy” rating in a research note on Thursday, April 26th. BidaskClub raised Express Scripts from a “hold” rating to a “buy” rating in a research note on Thursday, April 26th. Zacks Investment Research cut Express Scripts from a “hold” rating to a “sell” rating in a research note on Tuesday, May 1st. Leerink Swann reduced their price target on Express Scripts from $90.00 to $80.00 and set a “market perform” rating on the stock in a research note on Thursday, May 3rd. Finally, Barclays reduced their price target on Express Scripts from $84.00 to $83.00 and set an “equal weight” rating on the stock in a research note on Thursday, May 3rd. Four research analysts have rated the stock with a sell rating, thirteen have given a hold rating and four have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $81.68.

Express Scripts Company Profile

Express Scripts Holding Company operates as a pharmacy benefit management (PBM) company in the United States and Canada. The company's PBM segment offers clinical solutions; and specialized pharmacy care, home delivery and specialty pharmacy, retail network pharmacy administration, benefit design consultation, drug utilization review, drug formulary management, public exchange, administration of group purchasing organization, and digital consumer health and drug information services.

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

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