Bank of Nova Scotia boosted its stake in shares of Express Scripts Holding Company (NASDAQ:ESRX) by 588.8% during the first quarter, Holdings Channel reports. The fund owned 146,078 shares of the company’s stock after buying an additional 124,870 shares during the period. Bank of Nova Scotia’s holdings in Express Scripts Holding were worth $9,628,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the stock. Dubuque Bank & Trust Co. increased its stake in Express Scripts Holding by 53.1% in the first quarter. Dubuque Bank & Trust Co. now owns 1,753 shares of the company’s stock valued at $116,000 after buying an additional 608 shares during the last quarter. TrimTabs Asset Management LLC purchased a new stake in Express Scripts Holding during the first quarter valued at $121,000. Capital Analysts LLC increased its stake in Express Scripts Holding by 5.6% in the first quarter. Capital Analysts LLC now owns 1,877 shares of the company’s stock valued at $124,000 after buying an additional 100 shares during the last quarter. IHT Wealth Management LLC increased its stake in Express Scripts Holding by 8.1% in the first quarter. IHT Wealth Management LLC now owns 1,944 shares of the company’s stock valued at $128,000 after buying an additional 145 shares during the last quarter. Finally, FNY Partners Fund LP purchased a new stake in Express Scripts Holding during the first quarter valued at $138,000. Hedge funds and other institutional investors own 90.20% of the company’s stock.

Shares of Express Scripts Holding Company (ESRX) traded up 0.86% on Friday, hitting $60.82. The stock had a trading volume of 2,898,864 shares. The firm has a 50 day moving average of $62.73 and a 200 day moving average of $64.48. The stock has a market cap of $35.13 billion, a P/E ratio of 10.56 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 posted its quarterly earnings results 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. Express Scripts Holding had a return on equity of 25.58% and a net margin of 3.50%. The firm had revenue of $25.35 billion for the quarter, compared to the consensus estimate of $25.52 billion. During the same period in the previous year, the business earned $1.57 earnings per share. The company’s revenue for the quarter 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 fiscal year.

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Several analysts recently weighed in on ESRX shares. SunTrust Banks, Inc. restated a “buy” rating on shares of Express Scripts Holding in a report on Tuesday, April 25th. Jefferies Group LLC set a $88.00 target price on shares of Express Scripts Holding and gave the stock a “buy” rating in a report on Thursday, April 20th. UBS AG set a $71.00 target price on shares of Express Scripts Holding and gave the stock a “hold” rating in a report on Tuesday, April 25th. Edward Jones downgraded shares of Express Scripts Holding from a “buy” rating to a “hold” rating in a report on Wednesday, April 26th. Finally, BidaskClub upgraded shares of Express Scripts Holding from a “sell” rating to a “hold” rating in a report on Saturday, June 17th. Four equities 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 issued a strong buy rating to the company’s stock. Express Scripts Holding has a consensus rating of “Hold” and an average target price of $71.17.

In related news, VP Phyllis S. Anderson sold 1,100 shares of Express Scripts Holding stock in a transaction that occurred on Friday, May 19th. The stock was sold at an average price of $60.08, for a total value of $66,088.00. Following the sale, the vice president now directly owns 11,108 shares in the company, valued at $667,368.64. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. 0.68% of the stock is owned by 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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Institutional Ownership by Quarter for Express Scripts Holding (NASDAQ:ESRX)

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