State Board of Administration of Florida Retirement System Sells 32,798 Shares of Express Scripts Holding Company (ESRX)

State Board of Administration of Florida Retirement System lowered its holdings in shares of Express Scripts Holding Company (NASDAQ:ESRX) by 3.6% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 874,962 shares of the company’s stock after selling 32,798 shares during the period. State Board of Administration of Florida Retirement System owned about 0.15% of Express Scripts Holding worth $55,403,000 as of its most recent filing with the SEC.

Other hedge funds have also added to or reduced their stakes in the company. Burt Wealth Advisors grew its holdings in shares of Express Scripts Holding by 11.4% during the 2nd quarter. Burt Wealth Advisors now owns 1,696 shares of the company’s stock valued at $108,000 after purchasing an additional 174 shares during the last quarter. CKW Financial Group grew its holdings in shares of Express Scripts Holding by 20.0% during the 2nd quarter. CKW Financial Group now owns 1,800 shares of the company’s stock valued at $115,000 after purchasing an additional 300 shares during the last quarter. IHT Wealth Management LLC grew its holdings in shares of Express Scripts Holding by 8.1% during the 1st quarter. IHT Wealth Management LLC now owns 1,944 shares of the company’s stock valued at $128,000 after purchasing an additional 145 shares during the last quarter. FNY Partners Fund LP bought a new position in shares of Express Scripts Holding during the 1st quarter valued at $138,000. Finally, First Personal Financial Services grew its holdings in shares of Express Scripts Holding by 199.1% during the 2nd quarter. First Personal Financial Services now owns 2,103 shares of the company’s stock valued at $134,000 after purchasing an additional 1,400 shares during the last quarter. 88.55% of the stock is currently owned by institutional investors.

In related news, VP Everett Neville sold 1,163 shares of the company’s stock in a transaction that occurred on Wednesday, August 23rd. The stock was sold at an average price of $61.48, for a total value of $71,501.24. Following the completion of the transaction, the vice president now directly owns 18,232 shares of the company’s stock, valued at $1,120,903.36. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Phyllis S. Anderson sold 643 shares of the company’s stock in a transaction that occurred on Wednesday, November 1st. The shares were sold at an average price of $62.37, for a total value of $40,103.91. The disclosure for this sale can be found here. Insiders sold 6,284 shares of company stock valued at $397,421 over the last ninety days. 0.68% of the stock is currently owned by corporate insiders.

Several equities analysts recently commented on ESRX shares. Robert W. Baird increased their target price on shares of Express Scripts Holding from $57.00 to $59.00 and gave the company a “neutral” rating in a report on Wednesday, October 25th. Jefferies Group LLC set a $72.00 target price on shares of Express Scripts Holding and gave the company a “buy” rating in a report on Tuesday, August 29th. Zacks Investment Research lowered shares of Express Scripts Holding from a “buy” rating to a “sell” rating in a report on Tuesday, October 24th. UBS Group AG (USA) lowered shares of Express Scripts Holding from a “market perform” rating to an “underperform” rating in a report on Monday, October 9th. Finally, Royal Bank Of Canada set a $66.00 target price on shares of Express Scripts Holding and gave the company a “hold” rating in a report on Wednesday, October 25th. Seven research analysts have rated the stock with a sell rating, ten have issued a hold rating, six have given a buy rating and one has assigned a strong buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of $69.53.

Express Scripts Holding Company (NASDAQ:ESRX) traded down $1.78 during trading hours on Friday, hitting $60.54. 2,580,917 shares of the stock traded hands, compared to its average volume of 4,230,000. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.61 and a current ratio of 0.73. The stock has a market cap of $34.16 billion, a PE ratio of 8.82, a price-to-earnings-growth ratio of 0.89 and a beta of 0.88. Express Scripts Holding Company has a 12-month low of $55.80 and a 12-month high of $77.50.

Express Scripts Holding (NASDAQ:ESRX) last announced its quarterly earnings results on Tuesday, October 24th. The company reported $1.90 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $1.90. The firm had revenue of $24.68 billion during the quarter, compared to the consensus estimate of $25.68 billion. Express Scripts Holding had a return on equity of 25.46% and a net margin of 3.64%. The firm’s quarterly revenue was down 2.9% compared to the same quarter last year. During the same period in the prior year, the company posted $1.74 earnings per share. equities research analysts expect that Express Scripts Holding Company will post 7.01 earnings per share for the current fiscal year.

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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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