Bedel Financial Consulting Inc. purchased a new position in shares of Express Scripts Holding (NASDAQ:ESRX) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 9,087 shares of the company’s stock, valued at approximately $678,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. SeaCrest Wealth Management LLC purchased a new position in shares of Express Scripts during the 4th quarter worth $105,000. Bank of Nova Scotia Trust Co. purchased a new position in shares of Express Scripts during the 3rd quarter worth $120,000. Monroe Bank & Trust MI raised its holdings in shares of Express Scripts by 74.8% during the 3rd quarter. Monroe Bank & Trust MI now owns 2,266 shares of the company’s stock worth $156,000 after acquiring an additional 970 shares during the period. Capstone Investment Advisors Netherlands B.V. raised its holdings in shares of Express Scripts by 49.3% during the 2nd quarter. Capstone Investment Advisors Netherlands B.V. now owns 2,797 shares of the company’s stock worth $179,000 after acquiring an additional 924 shares during the period. Finally, Harvest Fund Management Co. Ltd purchased a new position in shares of Express Scripts during the 4th quarter worth $183,000. Institutional investors and hedge funds own 87.86% of the company’s stock.

Shares of Express Scripts Holding (NASDAQ ESRX) opened at $71.71 on Friday. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.61 and a current ratio of 0.73. The stock has a market cap of $41,540.00, a PE ratio of 11.91, a price-to-earnings-growth ratio of 0.83 and a beta of 0.93. Express Scripts Holding has a one year low of $55.80 and a one year high of $83.49.

Express Scripts announced that its Board of Directors has initiated a share buyback program on Monday, December 18th that allows the company to buyback 45,000,000 outstanding shares. This buyback authorization allows the company to repurchase shares of its stock through open market purchases. Stock buyback programs are usually a sign that the company’s board of directors believes its shares are undervalued.

Several analysts recently issued reports on the stock. Mizuho set a $67.00 price objective on shares of Express Scripts and gave the company a “hold” rating in a report on Tuesday, October 24th. Sanford C. Bernstein lowered shares of Express Scripts from a “market perform” rating to an “underperform” rating and boosted their price objective for the company from $55.80 to $77.50 in a report on Tuesday, January 30th. BidaskClub lowered shares of Express Scripts from a “strong-buy” rating to a “buy” rating in a report on Friday, February 2nd. Raymond James Financial restated a “sell” rating on shares of Express Scripts in a report on Friday, December 15th. Finally, Royal Bank of Canada upgraded shares of Express Scripts from a “sector perform” rating to an “outperform” rating and set a $68.00 price objective on the stock in a report on Wednesday, January 31st. Six analysts have rated the stock with a sell rating, eight have assigned a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company. Express Scripts currently has a consensus rating of “Hold” and a consensus price target of $78.23.

In other Express Scripts news, VP Christine Houston sold 10,104 shares of the business’s stock in a transaction dated Friday, December 15th. The shares were sold at an average price of $70.08, for a total transaction of $708,088.32. Following the sale, the vice president now directly owns 87,400 shares in the company, valued at $6,124,992. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Glen D. Stettin sold 3,449 shares of the business’s stock in a transaction dated Thursday, January 11th. The stock was sold at an average price of $81.00, for a total transaction of $279,369.00. Following the sale, the vice president now owns 33,715 shares in the company, valued at $2,730,915. The disclosure for this sale can be found here. Insiders have sold 17,001 shares of company stock worth $1,249,505 over the last quarter. Insiders own 0.68% of the company’s stock.

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Express Scripts 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 (NASDAQ:ESRX)

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