Cape Cod Five Cents Savings Bank held its position in shares of Express Scripts Holding Company (NASDAQ:ESRX) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,290 shares of the company’s stock at the end of the second quarter. Cape Cod Five Cents Savings Bank’s holdings in Express Scripts Holding were worth $274,000 at the end of the most recent quarter.
A number of other institutional investors have also modified their holdings of ESRX. Senzar Asset Management LLC acquired a new position in shares of Express Scripts Holding during the fourth quarter worth $30,749,000. Jarislowsky Fraser Ltd purchased a new position in Express Scripts Holding during the fourth quarter worth approximately $540,000. Numeric Investors LLC raised its position in Express Scripts Holding by 9.3% in the fourth quarter. Numeric Investors LLC now owns 2,208,889 shares of the company’s stock worth $151,949,000 after buying an additional 187,889 shares during the period. Westwood Holdings Group Inc. raised its position in Express Scripts Holding by 34.6% in the fourth quarter. Westwood Holdings Group Inc. now owns 60,300 shares of the company’s stock worth $4,148,000 after buying an additional 15,500 shares during the period. Finally, Thrivent Financial for Lutherans raised its position in Express Scripts Holding by 16.5% in the fourth quarter. Thrivent Financial for Lutherans now owns 943,111 shares of the company’s stock worth $64,877,000 after buying an additional 133,760 shares during the period. Hedge funds and other institutional investors own 88.38% of the company’s stock.
Express Scripts Holding Company (NASDAQ:ESRX) traded up 0.91% on Friday, hitting $62.90. 3,038,852 shares of the company’s stock traded hands. The stock has a 50 day moving average price of $63.12 and a 200-day moving average price of $65.16. The stock has a market cap of $36.33 billion, a P/E ratio of 10.92 and a beta of 0.90. Express Scripts Holding Company has a 12 month low of $57.80 and a 12 month high of $77.61.
Express Scripts Holding (NASDAQ:ESRX) last issued its quarterly earnings data on Tuesday, July 25th. The company reported $1.73 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.71 by $0.02. The business had revenue of $25.35 billion for the quarter, compared to analysts’ expectations of $25.52 billion. Express Scripts Holding had a return on equity of 25.58% and a net margin of 3.50%. The company’s revenue for the quarter was up .5% on a year-over-year basis. During the same period in the prior year, the firm earned $1.57 EPS. Equities analysts predict that Express Scripts Holding Company will post $7.01 earnings per share for the current fiscal year.
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A number of research firms have recently commented on ESRX. UBS AG set a $71.00 price objective on shares of Express Scripts Holding and gave the company a “hold” rating in a research report on Tuesday, April 25th. BidaskClub lowered shares of Express Scripts Holding from a “hold” rating to a “sell” rating in a research report on Wednesday, July 12th. Needham & Company LLC began coverage on shares of Express Scripts Holding in a research report on Friday, July 21st. They issued a “hold” rating for the company. Cowen and Company restated an “outperform” rating and issued a $83.00 price objective on shares of Express Scripts Holding in a research report on Friday, June 9th. Finally, Evercore ISI cut their price objective on shares of Express Scripts Holding from $68.50 to $59.00 and set an “in-line” rating for the company in a research report on Wednesday, April 26th. Four equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $70.81.
In other news, VP Phyllis S. Anderson sold 1,100 shares of the company’s stock in a transaction that occurred on Friday, May 19th. The stock was sold at an average price of $60.08, for a total transaction of $66,088.00. Following the sale, the vice president now directly owns 11,108 shares of the company’s stock, valued at approximately $667,368.64. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.68% of the stock is owned by corporate insiders.
Express Scripts Holding 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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