Victory Capital Management Inc. Has $2.24 Million Holdings in Express Scripts Holding Company (ESRX)
Victory Capital Management Inc. raised its stake in Express Scripts Holding Company (NASDAQ:ESRX) by 12.5% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 35,421 shares of the company’s stock after acquiring an additional 3,940 shares during the period. Victory Capital Management Inc.’s holdings in Express Scripts Holding were worth $2,243,000 at the end of the most recent quarter.
Other institutional investors have also bought and sold shares of the company. Burt Wealth Advisors raised its holdings in shares of Express Scripts Holding by 11.4% during the 2nd quarter. Burt Wealth Advisors now owns 1,696 shares of the company’s stock worth $108,000 after buying an additional 174 shares in the last quarter. CKW Financial Group raised its holdings in shares of Express Scripts Holding by 20.0% during the 2nd quarter. CKW Financial Group now owns 1,800 shares of the company’s stock worth $115,000 after buying an additional 300 shares in the last quarter. IHT Wealth Management LLC raised its holdings in shares of Express Scripts Holding by 8.1% during the 1st quarter. IHT Wealth Management LLC now owns 1,944 shares of the company’s stock worth $128,000 after buying an additional 145 shares in the last quarter. First Personal Financial Services raised its holdings in shares of Express Scripts Holding by 199.1% during the 2nd quarter. First Personal Financial Services now owns 2,103 shares of the company’s stock worth $134,000 after buying an additional 1,400 shares in the last quarter. Finally, FNY Partners Fund LP acquired a new position in shares of Express Scripts Holding during the 1st quarter worth $138,000. 89.44% of the stock is owned by institutional investors.
A number of equities analysts have recently commented on the company. Mizuho set a $67.00 price target on Express Scripts Holding and gave the stock a “hold” rating in a report on Tuesday, October 24th. Robert W. Baird reissued a “hold” rating and set a $56.00 price target on shares of Express Scripts Holding in a report on Friday, September 1st. Morgan Stanley boosted their price target on Express Scripts Holding from $52.00 to $57.00 and gave the stock an “underweight” rating in a report on Thursday, August 10th. BidaskClub cut Express Scripts Holding from a “sell” rating to a “strong sell” rating in a report on Friday, August 4th. Finally, Royal Bank Of Canada assumed coverage on Express Scripts Holding in a report on Tuesday, September 19th. They set a “sector perform” rating and a $68.00 price target for the company. Seven analysts have rated the stock with a sell rating, ten have assigned a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the stock. Express Scripts Holding presently has an average rating of “Hold” and an average target price of $69.53.
In related news, Director Woodrow A. Myers, Jr. sold 3,900 shares of the company’s stock in a transaction dated Monday, September 11th. The stock was sold at an average price of $63.93, for a total transaction of $249,327.00. Following the sale, the director now owns 11,500 shares in the company, valued at approximately $735,195. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, VP Phyllis S. Anderson sold 643 shares of the company’s stock in a transaction dated Wednesday, November 1st. The shares were sold at an average price of $62.37, for a total value of $40,103.91. The disclosure for this sale can be found here. Insiders sold a total of 6,284 shares of company stock worth $397,421 in the last quarter. Corporate insiders own 0.68% of the company’s stock.
Shares of Express Scripts Holding Company (ESRX) opened at $61.94 on Friday. Express Scripts Holding Company has a 52-week low of $55.80 and a 52-week high of $77.50. The company has a market capitalization of $35,081.14, a PE ratio of 9.06, a price-to-earnings-growth ratio of 0.91 and a beta of 0.88. The company has a debt-to-equity ratio of 0.86, a current ratio of 0.73 and a quick ratio of 0.61.
Express Scripts Holding (NASDAQ:ESRX) last released its quarterly earnings results on Tuesday, October 24th. The company reported $1.90 EPS for the quarter, meeting analysts’ consensus estimates of $1.90. Express Scripts Holding had a return on equity of 25.46% and a net margin of 3.64%. The firm had revenue of $24.68 billion for the quarter, compared to analyst estimates of $25.68 billion. During the same quarter in the previous year, the company posted $1.74 EPS. The business’s revenue was down 2.9% on a year-over-year basis. equities research analysts expect that Express Scripts Holding Company will post 7.01 earnings per share for the current fiscal year.
Express Scripts Holding 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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