Northside Capital Management LLC Invests $676,000 in Express Scripts Holding Company (ESRX)

Northside Capital Management LLC acquired a new stake in Express Scripts Holding Company (NASDAQ:ESRX) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 10,250 shares of the company’s stock, valued at approximately $676,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of ESRX. Dubuque Bank & Trust Co. increased its position 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 valued at $116,000 after buying an additional 608 shares during the last quarter. TrimTabs Asset Management LLC acquired a new stake in Express Scripts Holding during the first quarter worth $121,000. Capital Analysts LLC boosted its stake in Express Scripts Holding by 5.6% in the first quarter. Capital Analysts LLC now owns 1,877 shares of the company’s stock worth $124,000 after buying an additional 100 shares during the last quarter. Pinnacle Bank acquired a new stake in Express Scripts Holding during the first quarter worth $143,000. Finally, Oakworth Capital Inc. boosted 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 last quarter. Institutional investors own 90.24% of the company’s stock.

Shares of Express Scripts Holding Company (ESRX) traded down 0.79% during mid-day trading on Friday, reaching $60.56. 2,382,740 shares of the company’s stock were exchanged. The company has a market cap of $34.98 billion, a PE ratio of 10.51 and a beta of 0.90. Express Scripts Holding Company has a 52-week low of $57.80 and a 52-week high of $77.61. The company’s 50-day moving average price is $62.23 and its 200 day moving average price is $64.20.

Express Scripts Holding (NASDAQ:ESRX) last posted its quarterly earnings results on Tuesday, July 25th. The company reported $1.73 EPS for the quarter, topping the Zacks’ consensus estimate of $1.71 by $0.02. Express Scripts Holding had a return on equity of 25.58% and a net margin of 3.50%. The company had revenue of $25.35 billion for the quarter, compared to analysts’ expectations of $25.52 billion. During the same period in the previous year, the firm earned $1.57 EPS. The firm’s revenue was up .5% compared to the same quarter last year. On average, equities research analysts predict that Express Scripts Holding Company will post $6.99 EPS for the current year.

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ESRX has been the topic of a number of analyst reports. Robert W. Baird lowered their target price on shares of Express Scripts Holding from $73.00 to $53.00 and set a “neutral” rating on the stock in a research note on Tuesday, April 25th. Morgan Stanley lowered their target price on shares of Express Scripts Holding from $71.00 to $52.00 and set an “underweight” rating on the stock in a research note on Wednesday, April 26th. SunTrust Banks, Inc. restated a “buy” rating on shares of Express Scripts Holding in a research report on Tuesday, April 25th. Cowen and Company reduced their price target 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. Finally, Edward Jones lowered shares of Express Scripts Holding from a “buy” rating to a “hold” rating in a research report on Wednesday, April 26th. Four research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating, five have issued a buy rating and one has given a strong buy rating to the company’s stock. Express Scripts Holding presently has a consensus rating of “Hold” and a consensus price target of $71.17.

About Express Scripts Holding

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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