Express Scripts Holding Company (ESRX) Stake Decreased by Pillar Pacific Capital Management LLC

Pillar Pacific Capital Management LLC lessened its position in shares of Express Scripts Holding Company (NASDAQ:ESRX) by 38.4% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 28,575 shares of the company’s stock after selling 17,808 shares during the period. Pillar Pacific Capital Management LLC’s holdings in Express Scripts Holding were worth $1,809,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently modified their holdings of the company. Park National Corp OH lifted its holdings in shares of Express Scripts Holding by 0.3% during the 2nd quarter. Park National Corp OH now owns 3,575 shares of the company’s stock worth $228,000 after acquiring an additional 11 shares during the period. Parkside Financial Bank & Trust lifted its holdings in shares of Express Scripts Holding by 0.3% during the 2nd quarter. Parkside Financial Bank & Trust now owns 8,634 shares of the company’s stock worth $551,000 after acquiring an additional 23 shares during the period. Carroll Financial Associates Inc. lifted its holdings in shares of Express Scripts Holding by 1.0% during the 2nd quarter. Carroll Financial Associates Inc. now owns 3,186 shares of the company’s stock worth $203,000 after acquiring an additional 30 shares during the period. CAPROCK Group Inc. lifted its holdings in shares of Express Scripts Holding by 0.9% during the 2nd quarter. CAPROCK Group Inc. now owns 3,675 shares of the company’s stock worth $235,000 after acquiring an additional 33 shares during the period. Finally, Sandy Spring Bank lifted its holdings in shares of Express Scripts Holding by 0.6% during the 2nd quarter. Sandy Spring Bank now owns 6,464 shares of the company’s stock worth $413,000 after acquiring an additional 37 shares during the period. 88.55% of the stock is owned by institutional investors.

Express Scripts Holding (NASDAQ:ESRX) last posted its quarterly earnings results on Tuesday, October 24th. The company reported $1.90 EPS for the quarter, meeting the Zacks’ consensus estimate of $1.90. Express Scripts Holding had a net margin of 3.64% and a return on equity of 25.46%. The company had revenue of $24.68 billion during the quarter, compared to analyst estimates of $25.68 billion. During the same period in the prior year, the business posted $1.74 EPS. The firm’s revenue was down 2.9% compared to the same quarter last year.

Several equities analysts recently commented on the stock. ValuEngine raised shares of Express Scripts Holding from a “hold” rating to a “buy” rating in a research note on Monday, October 2nd. Robert W. Baird reissued a “hold” rating and issued a $56.00 price objective on shares of Express Scripts Holding in a research note on Friday, September 1st. Needham & Company LLC assumed coverage on shares of Express Scripts Holding in a research note on Friday, July 21st. They issued a “hold” rating for the company. BidaskClub downgraded shares of Express Scripts Holding from a “sell” rating to a “strong sell” rating in a research note on Friday, August 4th. Finally, Raymond James Financial, Inc. reissued an “underperform” rating on shares of Express Scripts Holding in a research note on Monday, October 9th. Seven investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the stock. The company has an average rating of “Hold” and an average target price of $69.56.

In related news, Director Woodrow A. Myers, Jr. sold 3,900 shares of the company’s stock in a transaction on Monday, September 11th. The shares were sold at an average price of $63.93, for a total transaction of $249,327.00. Following the completion of the sale, the director now directly owns 11,500 shares in the company, valued at approximately $735,195. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, VP Phyllis S. Anderson sold 578 shares of the company’s stock in a transaction on Friday, September 8th. The shares were sold at an average price of $63.13, for a total transaction of $36,489.14. Following the sale, the vice president now owns 10,530 shares of the company’s stock, valued at $664,758.90. The disclosure for this sale can be found here. Insiders have sold a total of 5,641 shares of company stock valued at $357,317 over the last quarter. 0.68% of the stock is currently owned by company insiders.

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Express Scripts Holding 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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