Principal Financial Group Inc. cut its position in Express Scripts Holding Co. (NASDAQ:ESRX) by 3.2% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 973,514 shares of the company’s stock after selling 32,615 shares during the period. Principal Financial Group Inc. owned about 0.15% of Express Scripts Holding worth $73,793,000 as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of the company. Checchi Capital Advisers LLC increased its position in shares of Express Scripts Holding by 0.5% in the second quarter. Checchi Capital Advisers LLC now owns 6,561 shares of the company’s stock valued at $497,000 after buying an additional 30 shares during the last quarter. Bath Savings Trust Co increased its position in shares of Express Scripts Holding by 1.2% in the second quarter. Bath Savings Trust Co now owns 3,217 shares of the company’s stock valued at $244,000 after buying an additional 38 shares during the last quarter. Enterprise Financial Services Corp increased its position in shares of Express Scripts Holding by 0.9% in the second quarter. Enterprise Financial Services Corp now owns 5,991 shares of the company’s stock valued at $454,000 after buying an additional 53 shares during the last quarter. Mn Services Vermogensbeheer B.V. increased its position in shares of Express Scripts Holding by 0.4% in the second quarter. Mn Services Vermogensbeheer B.V. now owns 16,970 shares of the company’s stock valued at $1,158,000 after buying an additional 70 shares during the last quarter. Finally, Integrated Wealth Management increased its position in shares of Express Scripts Holding by 4.2% in the second quarter. Integrated Wealth Management now owns 1,845 shares of the company’s stock valued at $140,000 after buying an additional 74 shares during the last quarter. Hedge funds and other institutional investors own 88.52% of the company’s stock.

Shares of Express Scripts Holding Co. (NASDAQ:ESRX) traded up 0.77% on Friday, reaching $71.58. 548,813 shares of the company’s stock were exchanged. The firm has a market capitalization of $45.11 billion, a P/E ratio of 17.69 and a beta of 1.31. Express Scripts Holding Co. has a one year low of $65.55 and a one year high of $89.20. The firm has a 50 day moving average of $73.62 and a 200 day moving average of $73.63.

Express Scripts Holding (NASDAQ:ESRX) last announced its quarterly earnings results on Monday, July 25th. The company reported $1.57 earnings per share for the quarter, meeting analysts’ consensus estimates of $1.57. Express Scripts Holding had a net margin of 2.64% and a return on equity of 23.98%. The business earned $25.20 billion during the quarter, compared to analysts’ expectations of $25.42 billion. During the same period last year, the business earned $1.44 earnings per share. The business’s revenue for the quarter was down .9% on a year-over-year basis. On average, equities research analysts predict that Express Scripts Holding Co. will post $6.37 EPS for the current year.

ESRX has been the topic of several analyst reports. Morgan Stanley downgraded shares of Express Scripts Holding from an “equal weight” rating to an “underweight” rating and upped their price target for the company from $67.00 to $70.00 in a report on Monday, June 20th. Cowen and Company reiterated a “positive” rating and set a $83.00 price target on shares of Express Scripts Holding in a report on Wednesday, June 15th. Zacks Investment Research downgraded shares of Express Scripts Holding from a “buy” rating to a “hold” rating in a report on Tuesday, July 19th. Bank of America Corp. reiterated a “neutral” rating and set a $82.00 price target on shares of Express Scripts Holding in a report on Tuesday, June 7th. Finally, Jefferies Group cut their price target on shares of Express Scripts Holding from $98.00 to $88.00 and set a “buy” rating on the stock in a report on Tuesday, July 26th. Three research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and eight have issued a buy rating to the company’s stock. Express Scripts Holding currently has an average rating of “Hold” and an average target price of $82.05.

In related news, VP Christopher A. Mcginnis sold 1,785 shares of Express Scripts Holding stock in a transaction that occurred on Monday, September 12th. The shares were sold at an average price of $70.77, for a total value of $126,324.45. Following the completion of the transaction, the vice president now owns 4,955 shares in the company, valued at $350,665.35. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Woodrow A. Myers, Jr. sold 12,036 shares of Express Scripts Holding stock in a transaction that occurred on Wednesday, September 14th. The shares were sold at an average price of $70.40, for a total transaction of $847,334.40. Following the completion of the transaction, the director now owns 14,918 shares of the company’s stock, valued at approximately $1,050,227.20. The disclosure for this sale can be found here. 0.54% of the stock is currently 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).

5 Day Chart for NASDAQ:ESRX

Receive News & Ratings for Express Scripts Holding Co. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Express Scripts Holding Co. and related companies with MarketBeat.com's FREE daily email newsletter.