Xact Kapitalforvaltning AB Has $6.18 Million Stake in Express Scripts Holding Company (ESRX)

Xact Kapitalforvaltning AB reduced its stake in Express Scripts Holding Company (NASDAQ:ESRX) by 0.1% during the second quarter, Holdings Channel reports. The fund owned 96,770 shares of the company’s stock after selling 109 shares during the period. Xact Kapitalforvaltning AB’s holdings in Express Scripts Holding were worth $6,178,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Vanguard Group Inc. raised its position in Express Scripts Holding by 1.6% in the first quarter. Vanguard Group Inc. now owns 40,251,311 shares of the company’s stock valued at $2,652,964,000 after buying an additional 649,400 shares in the last quarter. State Street Corp raised its position in Express Scripts Holding by 1.1% in the first quarter. State Street Corp now owns 27,060,709 shares of the company’s stock valued at $1,783,569,000 after buying an additional 298,341 shares in the last quarter. Barrow Hanley Mewhinney & Strauss LLC raised its position in Express Scripts Holding by 4.2% in the first quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 17,612,834 shares of the company’s stock valued at $1,160,862,000 after buying an additional 704,218 shares in the last quarter. Bank of New York Mellon Corp raised its position in Express Scripts Holding by 0.3% in the first quarter. Bank of New York Mellon Corp now owns 10,960,709 shares of the company’s stock valued at $722,420,000 after buying an additional 32,854 shares in the last quarter. Finally, Macquarie Group Ltd. raised its position in Express Scripts Holding by 2.8% in the first quarter. Macquarie Group Ltd. now owns 10,958,513 shares of the company’s stock valued at $722,275,000 after buying an additional 296,452 shares in the last quarter. Institutional investors own 90.24% of the company’s stock.

Shares of Express Scripts Holding Company (ESRX) traded down 0.532% during trading on Friday, hitting $60.715. The company’s stock had a trading volume of 983,769 shares. The firm’s 50 day moving average price is $62.32 and its 200-day moving average price is $64.26. Express Scripts Holding Company has a 52 week low of $57.80 and a 52 week high of $77.61. The company has a market cap of $35.07 billion, a PE ratio of 10.537 and a beta of 0.90.

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, beating analysts’ consensus estimates of $1.71 by $0.02. The business had revenue of $25.35 billion for the quarter, compared to analyst estimates of $25.52 billion. Express Scripts Holding had a net margin of 3.50% and a return on equity of 25.58%. The company’s revenue for the quarter was up .5% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.57 EPS. On average, analysts predict that Express Scripts Holding Company will post $6.99 earnings per share for the current year.

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Several research firms have recently commented on ESRX. UBS AG set a $71.00 price target on Express Scripts Holding and gave the stock a “hold” rating in a research report on Tuesday, April 25th. Jefferies Group LLC set a $88.00 price target on Express Scripts Holding and gave the stock a “buy” rating in a research report on Thursday, April 20th. Morgan Stanley lowered their price target on Express Scripts Holding from $71.00 to $52.00 and set an “underweight” rating for the company in a research report on Wednesday, April 26th. BidaskClub upgraded Express Scripts Holding from a “sell” rating to a “hold” rating in a research report on Saturday, June 17th. Finally, SunTrust Banks, Inc. restated a “buy” rating on shares of Express Scripts Holding in a research report on Tuesday, April 25th. Four 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 assigned a strong buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $71.17.

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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