The Express Scripts Holding Company (ESRX) Position Reduced by Investment House LLC

The Express Scripts Holding Company (ESRX) Position Reduced by Investment House LLC

Investment House LLC lowered its position in shares of Express Scripts Holding Company (NASDAQ:ESRX) by 17.0% during the third quarter, Holdings Channel reports. The fund owned 4,561 shares of the company’s stock after selling 931 shares during the period. Investment House LLC’s holdings in Express Scripts Holding Company were worth $322,000 as of its most recent filing with the SEC.

Other large investors have also recently added to or reduced their stakes in the company. Oakworth Capital Inc. raised its stake in Express Scripts Holding Company by 0.6% in the third quarter. Oakworth Capital Inc. now owns 1,802 shares of the company’s stock worth $127,000 after buying an additional 10 shares during the last quarter. Checchi Capital Advisers LLC raised its stake in Express Scripts Holding Company by 0.5% in the second quarter. Checchi Capital Advisers LLC now owns 6,561 shares of the company’s stock worth $497,000 after buying an additional 30 shares during the last quarter. Enterprise Financial Services Corp raised its stake in Express Scripts Holding Company by 0.7% in the third quarter. Enterprise Financial Services Corp now owns 6,032 shares of the company’s stock worth $426,000 after buying an additional 41 shares during the last quarter. Dorsey & Whitney Trust CO LLC raised its stake in Express Scripts Holding Company by 0.5% in the third quarter. Dorsey & Whitney Trust CO LLC now owns 8,626 shares of the company’s stock worth $609,000 after buying an additional 42 shares during the last quarter. Finally, Quadrant Capital Group LLC raised its stake in Express Scripts Holding Company by 1.3% in the third quarter. Quadrant Capital Group LLC now owns 3,728 shares of the company’s stock worth $253,000 after buying an additional 48 shares during the last quarter. 84.88% of the stock is owned by institutional investors and hedge funds.

Express Scripts Holding Company (NASDAQ:ESRX) traded down 0.67% during trading on Wednesday, reaching $72.67. The stock has a 50 day moving average of $71.63 and a 200 day moving average of $73.09. The firm has a market cap of $44.81 billion, a PE ratio of 17.18 and a beta of 0.99. Express Scripts Holding Company has a 12 month low of $64.46 and a 12 month high of $80.02.

Express Scripts Holding Company (NASDAQ:ESRX) last announced its earnings results on Tuesday, October 25th. The company reported $1.74 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $1.74. Express Scripts Holding Company had a net margin of 2.70% and a return on equity of 24.99%. The business had revenue of $25.41 billion for the quarter, compared to analyst estimates of $25.48 billion. During the same quarter in the previous year, the firm posted $1.45 earnings per share. Express Scripts Holding Company’s revenue was up .7% compared to the same quarter last year. Analysts predict that Express Scripts Holding Company will post $6.39 EPS for the current year.

A number of equities research analysts recently weighed in on the stock. Oppenheimer Holdings, Inc. reaffirmed a “hold” rating on shares of Express Scripts Holding Company in a report on Wednesday, December 14th. Mizuho reaffirmed a “neutral” rating and set a $76.00 price target on shares of Express Scripts Holding Company in a report on Friday, December 16th. Barclays PLC reaffirmed an “overweight” rating on shares of Express Scripts Holding Company in a report on Friday, December 16th. Zacks Investment Research lowered shares of Express Scripts Holding Company from a “buy” rating to a “hold” rating in a report on Thursday, December 15th. Finally, Leerink Swann reiterated a “market perform” rating on shares of Express Scripts Holding Company in a research note on Friday, December 16th. Two research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and seven have issued a buy rating to the company. The company has an average rating of “Hold” and an average price target of $79.12.

In other Express Scripts Holding Company news, VP Everett Neville sold 1,123 shares of the business’s stock in a transaction on Tuesday, January 3rd. The shares were sold at an average price of $69.41, for a total value of $77,947.43. Following the sale, the vice president now owns 12,712 shares of the company’s stock, valued at approximately $882,339.92. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 0.54% of the company’s stock.

About Express Scripts Holding Company

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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