Blackhill Capital Inc. cut its position in shares of Express Scripts Holding Company (NASDAQ:ESRX) by 5.0% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 155,921 shares of the company’s stock after selling 8,280 shares during the period. Express Scripts Holding accounts for approximately 1.9% of Blackhill Capital Inc.’s holdings, making the stock its 15th largest position. Blackhill Capital Inc.’s holdings in Express Scripts Holding were worth $9,954,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Gulf International Bank UK Ltd raised its stake in shares of Express Scripts Holding by 1.2% in the first quarter. Gulf International Bank UK Ltd now owns 194,415 shares of the company’s stock worth $12,813,000 after buying an additional 2,300 shares during the period. Forte Capital LLC ADV raised its stake in shares of Express Scripts Holding by 0.4% in the first quarter. Forte Capital LLC ADV now owns 44,915 shares of the company’s stock worth $2,960,000 after buying an additional 175 shares during the period. Douglass Winthrop Advisors LLC raised its stake in shares of Express Scripts Holding by 68.9% in the first quarter. Douglass Winthrop Advisors LLC now owns 5,930 shares of the company’s stock worth $391,000 after buying an additional 2,420 shares during the period. Raymond James Trust N.A. raised its stake in shares of Express Scripts Holding by 44.3% in the first quarter. Raymond James Trust N.A. now owns 29,001 shares of the company’s stock worth $1,912,000 after buying an additional 8,906 shares during the period. Finally, Osborn Williams & Donohoe LLC raised its stake in shares of Express Scripts Holding by 1.0% in the first quarter. Osborn Williams & Donohoe LLC now owns 9,766 shares of the company’s stock worth $644,000 after buying an additional 100 shares during the period. Institutional investors own 90.48% of the company’s stock.
Shares of Express Scripts Holding Company (ESRX) traded down 0.6265% during midday trading on Wednesday, reaching $61.9693. The company’s stock had a trading volume of 1,727,050 shares. Express Scripts Holding Company has a 12 month low of $57.80 and a 12 month high of $77.61. The company’s 50-day moving average price is $63.15 and its 200-day moving average price is $64.92. The company has a market cap of $35.79 billion, a PE ratio of 10.7548 and a beta of 0.90.
Express Scripts Holding (NASDAQ:ESRX) last issued its quarterly earnings data on Tuesday, July 25th. The company reported $1.73 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.71 by $0.02. The firm had revenue of $25.35 billion during the quarter, compared to analyst estimates of $25.52 billion. Express Scripts Holding had a return on equity of 25.58% and a net margin of 3.50%. The business’s quarterly revenue was up .5% compared to the same quarter last year. During the same quarter last year, the business posted $1.57 earnings per share. On average, equities analysts anticipate that Express Scripts Holding Company will post $7.01 EPS for the current fiscal year.
ESRX has been the topic of a number of recent analyst reports. ValuEngine lowered Express Scripts Holding from a “buy” rating to a “hold” rating in a report on Friday, June 2nd. Mizuho dropped their price target on Express Scripts Holding from $76.00 to $61.00 and set a “neutral” rating on the stock in a report on Tuesday, April 25th. Needham & Company LLC initiated coverage on Express Scripts Holding in a report on Friday, July 21st. They set a “hold” rating on the stock. Evercore ISI dropped their price target on Express Scripts Holding from $68.50 to $59.00 and set an “in-line” rating on the stock in a report on Wednesday, April 26th. Finally, Cowen and Company reissued an “outperform” rating and issued a $83.00 target price on shares of Express Scripts Holding in a research report on Friday, June 9th. Four research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of $70.81.
In other news, VP Phyllis S. Anderson sold 1,100 shares of the firm’s stock in a transaction dated Friday, May 19th. The stock was sold at an average price of $60.08, for a total transaction of $66,088.00. Following the completion of the transaction, the vice president now owns 11,108 shares in the company, valued at $667,368.64. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 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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