AQR Capital Management LLC Increases Position in Express Scripts Holding Company (ESRX)

AQR Capital Management LLC boosted its stake in shares of Express Scripts Holding Company (NASDAQ:ESRX) by 26.7% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 403,362 shares of the company’s stock after buying an additional 84,939 shares during the period. AQR Capital Management LLC owned approximately 0.07% of Express Scripts Holding worth $26,586,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Dubuque Bank & Trust Co. raised its stake in Express Scripts Holding by 53.1% in the first quarter. Dubuque Bank & Trust Co. now owns 1,753 shares of the company’s stock worth $116,000 after buying an additional 608 shares during the last quarter. TrimTabs Asset Management LLC acquired a new position in Express Scripts Holding during the first quarter worth about $121,000. Capital Analysts LLC increased its stake in shares of Express Scripts Holding by 5.6% in the first quarter. Capital Analysts LLC now owns 1,877 shares of the company’s stock valued at $124,000 after buying an additional 100 shares in the last quarter. Pinnacle Bank purchased a new stake in shares of Express Scripts Holding during the first quarter valued at $143,000. Finally, Oakworth Capital Inc. increased its stake in Express Scripts Holding by 7.0% in the first quarter. Oakworth Capital Inc. now owns 2,362 shares of the company’s stock worth $155,000 after buying an additional 155 shares during the period. 90.24% of the stock is currently owned by institutional investors and hedge funds.

Express Scripts Holding Company (NASDAQ ESRX) opened at 60.56 on Friday. The company has a 50 day moving average price of $62.23 and a 200-day moving average price of $64.20. Express Scripts Holding Company has a 1-year low of $57.80 and a 1-year high of $77.61. The firm has a market capitalization of $34.98 billion, a price-to-earnings ratio of 10.51 and a beta of 0.90.

Express Scripts Holding (NASDAQ:ESRX) last announced its quarterly earnings data on Tuesday, July 25th. The company reported $1.73 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.71 by $0.02. The business had revenue of $25.35 billion during 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%. The firm’s quarterly revenue was up .5% compared to the same quarter last year. During the same quarter in the previous year, the business 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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Several brokerages have recently issued reports on ESRX. UBS AG set a $71.00 price objective on shares of Express Scripts Holding and gave the stock a “hold” rating in a research note on Tuesday, April 25th. SunTrust Banks, Inc. reissued a “buy” rating on shares of Express Scripts Holding in a research report on Tuesday, April 25th. Cowen and Company dropped their target price on shares of Express Scripts Holding from $90.00 to $83.00 and set an “outperform” rating on the stock in a research report on Tuesday, April 25th. Bank of America Corporation reissued a “neutral” rating and issued a $77.00 target price on shares of Express Scripts Holding in a research report on Tuesday, April 25th. Finally, Mizuho reduced their target price on shares of Express Scripts Holding from $76.00 to $61.00 and set a “neutral” rating for the company in a research note on Tuesday, April 25th. Four equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating, five have given a buy rating and one has assigned a strong buy rating to the stock. Express Scripts Holding currently has an average rating of “Hold” and an average price target of $71.17.

Express Scripts Holding Company 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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