Express Scripts Holding Company (ESRX) Shares Sold by Nomura Asset Management Co. Ltd.

Nomura Asset Management Co. Ltd. reduced its position in Express Scripts Holding Company (NASDAQ:ESRX) by 15.1% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 394,046 shares of the company’s stock after selling 70,221 shares during the period. Nomura Asset Management Co. Ltd. owned 0.07% of Express Scripts worth $24,951,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Nordea Investment Management AB increased its stake in Express Scripts by 1.4% during the second quarter. Nordea Investment Management AB now owns 7,116,445 shares of the company’s stock worth $454,314,000 after acquiring an additional 97,953 shares during the last quarter. First Trust Advisors LP increased its stake in Express Scripts by 25.3% during the second quarter. First Trust Advisors LP now owns 708,955 shares of the company’s stock worth $45,260,000 after acquiring an additional 143,163 shares during the last quarter. Van ECK Associates Corp increased its stake in Express Scripts by 5.1% during the third quarter. Van ECK Associates Corp now owns 506,511 shares of the company’s stock worth $32,072,000 after acquiring an additional 24,728 shares during the last quarter. Lazard Asset Management LLC increased its stake in Express Scripts by 81.8% during the second quarter. Lazard Asset Management LLC now owns 112,666 shares of the company’s stock worth $7,192,000 after acquiring an additional 50,707 shares during the last quarter. Finally, Legal & General Group Plc increased its stake in Express Scripts by 1.7% during the second quarter. Legal & General Group Plc now owns 3,654,765 shares of the company’s stock worth $233,323,000 after acquiring an additional 62,263 shares during the last quarter. Institutional investors own 88.44% of the company’s stock.

Express Scripts Holding Company (NASDAQ:ESRX) opened at $68.16 on Tuesday. The company has a market capitalization of $36,480.00, a P/E ratio of 9.42, a PEG ratio of 0.95 and a beta of 0.88. Express Scripts Holding Company has a 52 week low of $55.80 and a 52 week high of $77.25. 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 (NASDAQ:ESRX) last released its earnings results on Tuesday, October 24th. The company reported $1.90 EPS for the quarter, meeting analysts’ consensus estimates of $1.90. The firm had revenue of $24.68 billion for the quarter, compared to analysts’ expectations of $25.68 billion. Express Scripts had a return on equity of 25.46% and a net margin of 3.64%. The company’s quarterly revenue was down 2.9% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.74 earnings per share. sell-side analysts forecast that Express Scripts Holding Company will post 7.01 EPS for the current year.

Several equities research analysts have weighed in on the company. ValuEngine raised Express Scripts from a “hold” rating to a “buy” rating in a research note on Monday. Deutsche Bank assumed coverage on Express Scripts in a research note on Monday. They set a “buy” rating and a $75.00 price objective on the stock. Robert W. Baird reissued a “hold” rating and set a $56.00 price objective on shares of Express Scripts in a research note on Friday, September 1st. Raymond James Financial reissued an “underperform” rating on shares of Express Scripts in a research note on Monday, October 9th. Finally, UBS cut Express Scripts from a “market perform” rating to an “underperform” rating in a research note on Monday, October 9th. Six analysts have rated the stock with a sell rating, ten have given a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of $70.67.

In other news, Director Woodrow A. Myers, Jr. sold 3,900 shares of the company’s stock in a transaction that occurred on Monday, September 11th. The stock was sold at an average price of $63.93, for a total transaction of $249,327.00. Following the transaction, the director now owns 11,500 shares of the company’s stock, valued at $735,195. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, VP Phyllis S. Anderson sold 643 shares of the business’s stock in a transaction that occurred on Wednesday, November 1st. The shares were sold at an average price of $62.37, for a total value of $40,103.91. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 5,121 shares of company stock worth $325,920. Insiders own 0.68% of the company’s stock.

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

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