Old West Investment Management LLC purchased a new stake in shares of Express Scripts Holding Company (NASDAQ:ESRX) in the third quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 9,271 shares of the company’s stock, valued at approximately $587,000.
A number of other hedge funds and other institutional investors have also modified their holdings of ESRX. Dodge & Cox increased its stake in Express Scripts by 25.7% during the 2nd quarter. Dodge & Cox now owns 36,188,517 shares of the company’s stock valued at $2,310,275,000 after purchasing an additional 7,388,021 shares in the last quarter. Pzena Investment Management LLC bought a new stake in shares of Express Scripts in the second quarter worth approximately $181,234,000. Baupost Group LLC MA bought a new stake in shares of Express Scripts in the first quarter worth approximately $80,978,000. Northern Trust Corp grew its stake in shares of Express Scripts by 12.2% in the second quarter. Northern Trust Corp now owns 11,068,777 shares of the company’s stock worth $706,629,000 after acquiring an additional 1,206,980 shares during the period. Finally, Ameriprise Financial Inc. grew its stake in shares of Express Scripts by 23.5% in the third quarter. Ameriprise Financial Inc. now owns 5,233,327 shares of the company’s stock worth $331,374,000 after acquiring an additional 996,816 shares during the period. 88.44% of the stock is owned by institutional investors.
Several analysts recently issued reports on ESRX shares. TheStreet upgraded shares of Express Scripts from a “c+” rating to a “b-” rating in a research report on Monday. Zacks Investment Research upgraded shares of Express Scripts from a “hold” rating to a “buy” rating and set a $64.00 target price for the company in a research report on Monday, October 16th. ValuEngine upgraded shares of Express Scripts from a “hold” rating to a “buy” rating in a research report on Monday, October 2nd. Jefferies Group set a $72.00 target price on shares of Express Scripts and gave the company a “buy” rating in a research report on Tuesday, August 29th. Finally, Deutsche Bank assumed coverage on shares of Express Scripts in a report on Monday. They set a “buy” rating and a $75.00 price target on the stock. Six analysts have rated the stock with a sell rating, eleven have given a hold rating, seven 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 an average target price of $70.67.
Shares of Express Scripts Holding Company (NASDAQ ESRX) opened at $68.57 on Thursday. The company has a market cap of $38,603.98, a P/E ratio of 9.96, a PEG ratio of 1.01 and a beta of 0.88. Express Scripts Holding Company has a one year low of $55.80 and a one year high of $76.38. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.61 and a current ratio of 0.73.
Express Scripts (NASDAQ:ESRX) last issued its quarterly earnings data on Tuesday, October 24th. The company reported $1.90 EPS for the quarter, hitting analysts’ consensus estimates of $1.90. The business had revenue of $24.68 billion for the quarter, compared to analysts’ expectations of $25.68 billion. Express Scripts had a net margin of 3.64% and a return on equity of 25.46%. The business’s revenue was down 2.9% on a year-over-year basis. During the same quarter last year, the company earned $1.74 EPS. research analysts forecast that Express Scripts Holding Company will post 7.01 earnings per share for the current fiscal year.
TRADEMARK VIOLATION NOTICE: “Old West Investment Management LLC Invests $587,000 in Express Scripts Holding Company (ESRX) Stock” was originally posted by Community Financial News and is owned by of Community Financial News. If you are accessing this piece of content on another site, it was copied illegally and republished in violation of United States & international copyright laws. The legal version of this piece of content can be read at https://www.com-unik.info/2017/12/07/old-west-investment-management-llc-invests-587000-in-express-scripts-holding-company-esrx-stock.html.
Express Scripts 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).
What are top analysts saying about Express Scripts Holding Company? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Express Scripts Holding Company and related companies.