Caisse DE Depot ET Placement DU Quebec Increases Position in Express Scripts Holding Company (NASDAQ:ESRX)

Caisse DE Depot ET Placement DU Quebec raised its stake in shares of Express Scripts Holding Company (NASDAQ:ESRX) by 84.1% during the first quarter, according to its most recent 13F filing with the SEC. The fund owned 75,069 shares of the company’s stock after buying an additional 34,300 shares during the period. Caisse DE Depot ET Placement DU Quebec’s holdings in Express Scripts Holding were worth $4,953,000 as of its most recent filing with the SEC.

Other institutional investors have also added to or reduced their stakes in the company. Vanguard Group Inc. boosted its stake in shares of 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 during the last quarter. Barrow Hanley Mewhinney & Strauss LLC boosted its stake in shares of 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 worth $1,160,862,000 after buying an additional 704,218 shares during the last quarter. Bank of New York Mellon Corp boosted its stake in shares of 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 worth $722,420,000 after buying an additional 32,854 shares during the last quarter. Veritas Asset Management LLP boosted its stake in shares of Express Scripts Holding by 8.2% in the first quarter. Veritas Asset Management LLP now owns 7,240,323 shares of the company’s stock worth $477,210,000 after buying an additional 551,100 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA boosted its stake in shares of Express Scripts Holding by 2.3% in the first quarter. Massachusetts Financial Services Co. MA now owns 7,002,248 shares of the company’s stock worth $461,517,000 after buying an additional 160,615 shares during the last quarter. 90.24% of the stock is currently owned by institutional investors.

Express Scripts Holding Company (ESRX) opened at 60.56 on Friday. The company 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 1-year low of $57.80 and a 1-year high of $77.61. The firm has a 50-day moving average price of $62.23 and a 200-day moving average price of $64.20.

Express Scripts Holding (NASDAQ:ESRX) last posted its earnings results on Tuesday, July 25th. The company reported $1.73 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.71 by $0.02. The company had revenue of $25.35 billion for the quarter, compared to analysts’ expectations 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% on a year-over-year basis. During the same period last year, the firm earned $1.57 earnings per share. On average, analysts forecast that Express Scripts Holding Company will post $6.99 EPS for the current fiscal year.

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A number of brokerages have issued reports on ESRX. Morgan Stanley upped their target price on Express Scripts Holding from $52.00 to $57.00 and gave the stock an “underweight” rating in a research report on Thursday, August 10th. BidaskClub lowered Express Scripts Holding from a “sell” rating to a “strong sell” rating in a report on Friday, August 4th. Needham & Company LLC started coverage on Express Scripts Holding in a report on Friday, July 21st. They set a “hold” rating for the company. Cowen and Company restated an “outperform” rating and issued a $83.00 target price on shares of Express Scripts Holding in a research note on Friday, June 9th. Finally, ValuEngine lowered Express Scripts Holding from a “buy” rating to a “hold” rating in a research note on Friday, June 2nd. Four research analysts have rated the stock with a sell rating, thirteen have issued a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company. Express Scripts Holding presently has a consensus rating of “Hold” and a consensus target price of $71.17.

About Express Scripts Holding

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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