IHT Wealth Management LLC raised its stake in Express Scripts Holding Company (NASDAQ:ESRX) by 8.1% during the first quarter, Holdings Channel reports. The fund owned 1,944 shares of the company’s stock after buying an additional 145 shares during the period. IHT Wealth Management LLC’s holdings in Express Scripts Holding were worth $128,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of ESRX. Renaissance Technologies LLC purchased a new position in Express Scripts Holding during the fourth quarter worth about $952,000. Carroll Financial Associates Inc. boosted its position in Express Scripts Holding by 8.2% in the first quarter. Carroll Financial Associates Inc. now owns 3,156 shares of the company’s stock worth $208,000 after buying an additional 238 shares during the period. Bank of Montreal Can boosted its position in Express Scripts Holding by 10.3% in the first quarter. Bank of Montreal Can now owns 639,289 shares of the company’s stock worth $42,136,000 after buying an additional 59,666 shares during the period. First National Bank of Omaha boosted its position in Express Scripts Holding by 13.4% in the first quarter. First National Bank of Omaha now owns 13,665 shares of the company’s stock worth $900,000 after buying an additional 1,620 shares during the period. Finally, TNB Financial purchased a new position in Express Scripts Holding during the first quarter worth about $10,658,000. 90.20% of the stock is currently owned by institutional investors and hedge funds.

Shares of Express Scripts Holding Company (NASDAQ ESRX) traded up 0.86% during midday trading on Friday, reaching $60.82. 2,898,864 shares of the company traded hands. Express Scripts Holding Company has a 12-month low of $57.80 and a 12-month high of $77.61. The company has a 50-day moving average of $62.73 and a 200 day moving average of $64.48. The firm has a market capitalization of $35.13 billion, a PE ratio of 10.56 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 (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.71 by $0.02. Express Scripts Holding had a net margin of 3.50% and a return on equity of 25.58%. The business had revenue of $25.35 billion during the quarter, compared to the consensus estimate of $25.52 billion. During the same period in the prior year, the firm posted $1.57 EPS. The firm’s quarterly revenue was up .5% compared to the same quarter last year. On average, equities analysts forecast that Express Scripts Holding Company will post $6.99 earnings per share for the current year.

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A number of research firms have issued reports on ESRX. UBS AG set a $71.00 target price on Express Scripts Holding and gave the stock a “hold” rating in a report on Tuesday, April 25th. BidaskClub cut Express Scripts Holding from a “sell” rating to a “strong sell” rating in a report on Friday, August 4th. Morgan Stanley increased their target price on Express Scripts Holding from $52.00 to $57.00 and gave the stock an “underweight” rating in a report on Thursday. Cowen and Company reiterated an “outperform” rating and set a $83.00 target price on shares of Express Scripts Holding in a report on Friday, June 9th. Finally, Evercore ISI lowered their target price on Express Scripts Holding from $68.50 to $59.00 and set an “in-line” rating for the company in a report on Wednesday, April 26th. Four research analysts have rated the stock with a sell rating, thirteen have given a hold rating, five have given a buy rating and one has given a strong buy rating to the company. Express Scripts Holding presently has an average rating of “Hold” and a consensus price target of $71.17.

In other Express Scripts Holding news, VP Phyllis S. Anderson sold 1,100 shares of the company’s stock in a transaction dated Friday, May 19th. The shares were sold at an average price of $60.08, for a total value of $66,088.00. Following the completion of 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 is available at the SEC website. Corporate insiders own 0.68% of the company’s stock.

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

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