Express Scripts Holding Company (ESRX) Shares Sold by Fiduciary Trust Co.

Fiduciary Trust Co. lowered its stake in Express Scripts Holding Company (NASDAQ:ESRX) by 10.6% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 240,597 shares of the company’s stock after selling 28,446 shares during the period. Fiduciary Trust Co.’s holdings in Express Scripts Holding were worth $15,858,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Renaissance Technologies LLC acquired a new stake in Express Scripts Holding during the fourth quarter valued at approximately $952,000. Rathbone Brothers plc purchased a new position in shares of Express Scripts Holding during the first quarter worth about $202,000. Gulf International Bank UK Ltd increased its position in shares of Express Scripts Holding by 1.2% in the first quarter. Gulf International Bank UK Ltd now owns 194,415 shares of the company’s stock worth $12,813,000 after buying an additional 2,300 shares during the period. Carroll Financial Associates Inc. increased its position in shares of Express Scripts Holding by 8.2% in the first quarter. Carroll Financial Associates Inc. now owns 3,156 shares of the company’s stock worth $208,000 after buying an additional 238 shares during the period. Finally, Legacy Private Trust Co. increased its position in shares of Express Scripts Holding by 2.7% in the first quarter. Legacy Private Trust Co. now owns 37,709 shares of the company’s stock worth $2,485,000 after buying an additional 1,008 shares during the period. Institutional investors and hedge funds own 90.24% of the company’s stock.

Shares of Express Scripts Holding Company (NASDAQ:ESRX) traded down 0.79% during mid-day trading on Friday, reaching $60.56. 2,382,740 shares of the company’s stock were exchanged. The firm has a market capitalization of $34.98 billion, a P/E ratio of 10.51 and a beta of 0.90. Express Scripts Holding Company has a one year low of $57.80 and a one year high of $77.61. The stock has a 50-day moving average of $62.23 and a 200 day moving average of $64.20.

Express Scripts Holding (NASDAQ:ESRX) last posted its quarterly earnings results on Tuesday, July 25th. The company reported $1.73 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.71 by $0.02. The firm had revenue of $25.35 billion during the quarter, compared to analyst estimates of $25.52 billion. Express Scripts Holding had a return on equity of 25.58% and a net margin of 3.50%. Express Scripts Holding’s quarterly revenue was up .5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.57 EPS. On average, analysts forecast that Express Scripts Holding Company will post $6.99 EPS for the current fiscal year.

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ESRX has been the topic of a number of recent analyst reports. Cowen and Company restated an “outperform” rating and issued a $83.00 price target on shares of Express Scripts Holding in a research report on Friday, June 9th. Morgan Stanley dropped their price target on shares of Express Scripts Holding from $71.00 to $52.00 and set an “underweight” rating on the stock in a research report on Wednesday, April 26th. BidaskClub downgraded shares of Express Scripts Holding from a “hold” rating to a “sell” rating in a research report on Wednesday, July 12th. Evercore ISI dropped their price target on shares of Express Scripts Holding from $68.50 to $59.00 and set an “in-line” rating on the stock in a research report on Wednesday, April 26th. Finally, Mizuho dropped their price target on shares of Express Scripts Holding from $76.00 to $61.00 and set a “neutral” rating on the stock in a research report on Tuesday, April 25th. Four investment 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’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target 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).

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

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