Renaissance Technologies LLC lessened its holdings in Express, Inc. (NYSE:EXPR) by 5.3% in the second quarter, according to its most recent filing with the SEC. The institutional investor owned 633,000 shares of the company’s stock after selling 35,581 shares during the period. Renaissance Technologies LLC’s holdings in Express were worth $5,792,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of EXPR. Spark Investment Management LLC boosted its holdings in shares of Express by 150.1% during the 2nd quarter. Spark Investment Management LLC now owns 1,102,000 shares of the company’s stock valued at $10,083,000 after purchasing an additional 661,400 shares during the last quarter. Wells Fargo & Company MN boosted its holdings in shares of Express by 13.5% during the 1st quarter. Wells Fargo & Company MN now owns 132,292 shares of the company’s stock valued at $947,000 after purchasing an additional 15,767 shares during the last quarter. Schwab Charles Investment Management Inc. boosted its holdings in shares of Express by 9.3% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 1,541,060 shares of the company’s stock valued at $14,101,000 after purchasing an additional 130,689 shares during the last quarter. Sun Life Financial INC bought a new position in shares of Express during the 2nd quarter valued at about $118,000. Finally, United Services Automobile Association boosted its holdings in shares of Express by 1,817.1% during the 2nd quarter. United Services Automobile Association now owns 301,849 shares of the company’s stock valued at $12,663,000 after purchasing an additional 286,104 shares during the last quarter.

EXPR opened at $8.40 on Friday. Express, Inc. has a 52 week low of $5.82 and a 52 week high of $11.69. The stock has a market cap of $811.59 million, a price-to-earnings ratio of 23.86 and a beta of 0.86.

Express (NYSE:EXPR) last released its quarterly earnings data on Wednesday, August 29th. The company reported $0.03 EPS for the quarter. Express had a net margin of 1.78% and a return on equity of 5.64%. The business had revenue of $493.60 million during the quarter, compared to the consensus estimate of $482.37 million. During the same quarter in the prior year, the firm earned $0.01 EPS. The business’s revenue was up 2.6% on a year-over-year basis. On average, equities research analysts forecast that Express, Inc. will post 0.46 earnings per share for the current fiscal year.

Several research analysts have commented on the stock. B. Riley increased their price objective on shares of Express from $8.00 to $9.00 and gave the company a “neutral” rating in a report on Thursday, August 30th. SunTrust Banks increased their price objective on shares of Express from $8.00 to $9.00 and gave the company a “hold” rating in a report on Thursday, July 12th. Seven investment analysts have rated the stock with a hold rating, Express currently has a consensus rating of “Hold” and a consensus target price of $9.40.

Express Company Profile

Express, Inc operates as a specialty apparel and accessories retailer. It offers apparel and accessories for women and men between 20 and 30 years across various aspects of lifestyles, including work, casual, jeanswear, and going-out occasions. The company sells its products through its e-commerce Website, express.com; mobile app; and franchisees Express locations in Latin America.

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Institutional Ownership by Quarter for Express (NYSE:EXPR)

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