Capital Planning Advisors LLC trimmed its position in Express Scripts Holding Company (NASDAQ:ESRX) by 20.2% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 26,654 shares of the company’s stock after selling 6,728 shares during the period. Capital Planning Advisors LLC’s holdings in Express Scripts Holding were worth $1,702,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of ESRX. First Trust Advisors LP boosted its stake in Express Scripts Holding by 25.3% during the 2nd quarter. First Trust Advisors LP now owns 708,955 shares of the company’s stock valued at $45,260,000 after purchasing an additional 143,163 shares during the last quarter. Hancock Holding Co. boosted its stake in Express Scripts Holding by 9.9% during the 1st quarter. Hancock Holding Co. now owns 183,489 shares of the company’s stock valued at $12,094,000 after purchasing an additional 16,536 shares during the last quarter. Twin Capital Management Inc. boosted its stake in Express Scripts Holding by 0.8% during the 1st quarter. Twin Capital Management Inc. now owns 46,560 shares of the company’s stock valued at $3,069,000 after purchasing an additional 360 shares during the last quarter. Van ECK Associates Corp boosted its stake in Express Scripts Holding by 28.8% during the 1st quarter. Van ECK Associates Corp now owns 373,636 shares of the company’s stock valued at $24,626,000 after purchasing an additional 83,568 shares during the last quarter. Finally, Wilkins Investment Counsel Inc. boosted its stake in Express Scripts Holding by 6.9% during the 1st quarter. Wilkins Investment Counsel Inc. now owns 118,336 shares of the company’s stock valued at $7,800,000 after purchasing an additional 7,630 shares during the last quarter. 88.71% of the stock is owned by institutional investors and hedge funds.

A number of equities analysts have issued reports on ESRX shares. Jefferies Group LLC set a $72.00 price target on Express Scripts Holding and gave the company a “buy” rating in a research note on Tuesday, August 29th. ValuEngine downgraded Express Scripts Holding from a “buy” rating to a “hold” rating in a research note on Friday, September 1st. Robert W. Baird reiterated a “hold” rating and set a $56.00 price target on shares of Express Scripts Holding in a research note on Friday, September 1st. Needham & Company LLC started coverage on Express Scripts Holding in a research note on Friday, July 21st. They set a “hold” rating for the company. Finally, BidaskClub upgraded Express Scripts Holding from a “sell” rating to a “hold” rating in a research note on Saturday, June 17th. Four equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of $70.24.

In related news, VP Everett Neville sold 1,163 shares of the firm’s stock in a transaction that occurred on Wednesday, August 23rd. The shares were sold at an average price of $61.48, for a total value of $71,501.24. Following the sale, the vice president now owns 18,232 shares in the company, valued at $1,120,903.36. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Phyllis S. Anderson sold 578 shares of the firm’s stock in a transaction that occurred on Friday, September 8th. The stock was sold at an average price of $63.13, for a total transaction of $36,489.14. Following the completion of the sale, the vice president now owns 10,530 shares in the company, valued at approximately $664,758.90. The disclosure for this sale can be found here. Insiders sold 5,641 shares of company stock worth $357,317 in the last 90 days. 0.68% of the stock is currently owned by corporate insiders.

Express Scripts Holding Company (NASDAQ:ESRX) opened at 62.65 on Friday. The stock has a market cap of $36.18 billion, a P/E ratio of 10.87 and a beta of 0.88. Express Scripts Holding Company has a 1-year low of $57.80 and a 1-year high of $77.50. The company has a 50-day moving average price of $61.89 and a 200 day moving average price of $63.23.

Express Scripts Holding (NASDAQ:ESRX) last issued its earnings results on Tuesday, July 25th. The company reported $1.73 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ 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 company had revenue of $25.35 billion for the quarter, compared to analysts’ expectations of $25.52 billion. During the same quarter last year, the company posted $1.57 earnings per share. The firm’s quarterly revenue was up .5% on a year-over-year basis. Equities analysts expect that Express Scripts Holding Company will post $6.99 earnings per share for the current fiscal year.

ILLEGAL ACTIVITY WARNING: This article was first published by Daily Political and is the sole property of of Daily Political. If you are viewing this article on another domain, it was stolen and reposted in violation of United States & international copyright and trademark law. The original version of this article can be read at https://www.dailypolitical.com/2017/09/17/express-scripts-holding-company-esrx-shares-sold-by-capital-planning-advisors-llc.html.

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).

Want to see what other hedge funds are holding ESRX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Express Scripts Holding Company (NASDAQ:ESRX).

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

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