Express Scripts Holding (ESRX) Holdings Raised by Horan Capital Advisors LLC.

Horan Capital Advisors LLC. raised its position in Express Scripts Holding (NASDAQ:ESRX) by 7,734.8% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 29,929 shares of the company’s stock after purchasing an additional 29,547 shares during the period. Horan Capital Advisors LLC.’s holdings in Express Scripts were worth $2,365,000 as of its most recent filing with the SEC.

Other large investors have also recently modified their holdings of the company. SeaCrest Wealth Management LLC bought a new stake in Express Scripts in the fourth quarter valued at approximately $105,000. Bank of Nova Scotia Trust Co. bought a new stake in Express Scripts in the third quarter valued at approximately $120,000. Monroe Bank & Trust MI increased its stake in Express Scripts by 74.8% in the third quarter. Monroe Bank & Trust MI now owns 2,266 shares of the company’s stock valued at $156,000 after purchasing an additional 970 shares in the last quarter. Harvest Fund Management Co. Ltd bought a new stake in Express Scripts in the fourth quarter valued at approximately $183,000. Finally, Atlas Brown Inc. bought a new stake in Express Scripts in the fourth quarter valued at approximately $212,000. 87.86% of the stock is owned by hedge funds and other institutional investors.

In related news, VP Glen D. Stettin sold 3,448 shares of the stock in a transaction on Tuesday, January 2nd. The shares were sold at an average price of $76.00, for a total transaction of $262,048.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Christine Houston sold 10,104 shares of the stock in a transaction on Friday, December 15th. The stock was sold at an average price of $70.08, for a total transaction of $708,088.32. Following the transaction, the vice president now owns 87,400 shares of the company’s stock, valued at approximately $6,124,992. The disclosure for this sale can be found here. Insiders have sold 17,001 shares of company stock valued at $1,249,505 in the last 90 days. 0.68% of the stock is currently owned by corporate insiders.

Several equities research analysts have commented on ESRX shares. Zacks Investment Research raised 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 note on Monday, October 16th. Mizuho set a $67.00 target price on shares of Express Scripts and gave the company a “hold” rating in a research note on Tuesday, October 24th. Robert W. Baird increased their price objective on shares of Express Scripts from $57.00 to $59.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 25th. Royal Bank of Canada set a $66.00 price objective on shares of Express Scripts and gave the stock a “hold” rating in a research report on Wednesday, October 25th. Finally, Jefferies Group reissued a “buy” rating on shares of Express Scripts in a research report on Thursday, October 26th. Six equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the company. Express Scripts presently has a consensus rating of “Hold” and a consensus price target of $78.23.

Shares of Express Scripts Holding (ESRX) opened at $73.35 on Friday. The company has a current ratio of 0.73, a quick ratio of 0.61 and a debt-to-equity ratio of 0.86. Express Scripts Holding has a 12-month low of $55.80 and a 12-month high of $83.49. The stock has a market cap of $42,449.65, a price-to-earnings ratio of 10.96, a PEG ratio of 0.83 and a beta of 0.93.

Express Scripts declared that its Board of Directors has approved a stock buyback program on Monday, December 18th that allows the company to buyback 45,000,000 shares. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Stock buyback programs are typically a sign that the company’s management believes its stock is undervalued.

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About Express Scripts

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).

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

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