Fisher Asset Management LLC increased its holdings in shares of Express Scripts Holding Company (NASDAQ:ESRX) by 3.1% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 349,564 shares of the company’s stock after acquiring an additional 10,479 shares during the quarter. Fisher Asset Management LLC owned about 0.06% of Express Scripts Holding worth $22,134,000 as of its most recent SEC filing.
Other hedge funds have also bought and sold shares of the company. Dodge & Cox grew its holdings in Express Scripts Holding by 25.7% in the 2nd quarter. Dodge & Cox now owns 36,188,517 shares of the company’s stock valued at $2,310,275,000 after buying an additional 7,388,021 shares in the last quarter. Pzena Investment Management LLC bought a new stake in shares of Express Scripts Holding during the 2nd quarter valued at $181,234,000. Renaissance Technologies LLC lifted its position in shares of Express Scripts Holding by 9,353.3% during the 1st quarter. Renaissance Technologies LLC now owns 1,308,239 shares of the company’s stock valued at $86,226,000 after acquiring an additional 1,294,400 shares during the period. Baupost Group LLC MA bought a new stake in shares of Express Scripts Holding during the 1st quarter valued at $80,978,000. Finally, Northern Trust Corp lifted its position in shares of Express Scripts Holding by 12.2% during the 2nd quarter. Northern Trust Corp now owns 11,068,777 shares of the company’s stock valued at $706,629,000 after acquiring an additional 1,206,980 shares during the period. 90.30% of the stock is currently owned by institutional investors and hedge funds.
ESRX has been the subject of several recent analyst reports. ValuEngine downgraded Express Scripts Holding from a “buy” rating to a “hold” rating in a research report on Friday, September 1st. Robert W. Baird reissued a “hold” rating and issued a $56.00 price target on shares of Express Scripts Holding in a research note on Friday, September 1st. Jefferies Group LLC set a $72.00 price target on Express Scripts Holding and gave the company a “buy” rating in a research note on Tuesday, August 29th. Raymond James Financial, Inc. reissued an “underperform” rating on shares of Express Scripts Holding in a research note on Monday, October 9th. Finally, Zacks Investment Research cut Express Scripts Holding from a “buy” rating to a “sell” rating in a research note on Tuesday, October 24th. Seven research analysts have rated the stock with a sell rating, ten have issued a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of $69.53.
Shares of Express Scripts Holding Company (ESRX) traded down $0.70 during mid-day trading on Friday, reaching $60.05. The company’s stock had a trading volume of 3,608,400 shares, compared to its average volume of 4,115,587. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.61 and a current ratio of 0.73. Express Scripts Holding Company has a 52-week low of $55.80 and a 52-week high of $77.50. The company has a market capitalization of $34,407.16, a price-to-earnings ratio of 8.88, a P/E/G ratio of 0.90 and a beta of 0.88.
Express Scripts Holding (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. The business had revenue of $24.68 billion during the quarter, compared to analyst estimates of $25.68 billion. Express Scripts Holding had a return on equity of 25.46% and a net margin of 3.64%. Express Scripts Holding’s quarterly revenue was down 2.9% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.74 EPS. equities analysts expect that Express Scripts Holding Company will post 7.01 earnings per share for the current fiscal year.
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In other Express Scripts Holding news, CEO Timothy C. Wentworth acquired 8,000 shares of the stock in a transaction that occurred on Tuesday, October 31st. The shares were acquired at an average cost of $61.13 per share, with a total value 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Woodrow A. Myers, Jr. sold 3,900 shares of the stock in a transaction 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 transaction, the director now directly owns 11,500 shares in the company, valued at $735,195. 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 quarter. Company insiders own 0.68% of the company’s stock.
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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