Quantitative Systematic Strategies LLC Purchases 17,582 Shares of Express Scripts Holding Company (NASDAQ:ESRX)

Quantitative Systematic Strategies LLC raised its stake in Express Scripts Holding Company (NASDAQ:ESRX) by 239.4% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 24,925 shares of the company’s stock after buying an additional 17,582 shares during the period. Quantitative Systematic Strategies LLC’s holdings in Express Scripts Holding were worth $1,592,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Hancock Holding Co. raised its position in shares of Express Scripts Holding by 9.9% in the first quarter. Hancock Holding Co. now owns 183,489 shares of the company’s stock valued at $12,094,000 after buying an additional 16,536 shares during the last quarter. Van ECK Associates Corp raised its position in shares of Express Scripts Holding by 28.8% in the first quarter. Van ECK Associates Corp now owns 373,636 shares of the company’s stock valued at $24,626,000 after buying an additional 83,568 shares during the last quarter. Twin Capital Management Inc. raised its position in shares of Express Scripts Holding by 0.8% in the first quarter. Twin Capital Management Inc. now owns 46,560 shares of the company’s stock valued at $3,069,000 after buying an additional 360 shares during the last quarter. Wilkins Investment Counsel Inc. raised its position in shares of Express Scripts Holding by 6.9% in the first quarter. Wilkins Investment Counsel Inc. now owns 118,336 shares of the company’s stock valued at $7,800,000 after buying an additional 7,630 shares during the last quarter. Finally, ACR Alpine Capital Research LLC raised its position in shares of Express Scripts Holding by 6.3% in the first quarter. ACR Alpine Capital Research LLC now owns 1,463,799 shares of the company’s stock valued at $96,479,000 after buying an additional 87,292 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, hitting $60.56. 2,382,740 shares of the stock were exchanged. Express Scripts Holding Company has a 12 month low of $57.80 and a 12 month high of $77.61. The stock’s 50 day moving average is $62.23 and its 200-day moving average is $64.20. The stock has a market cap of $34.98 billion, a PE ratio of 10.51 and a beta of 0.90.

Express Scripts Holding (NASDAQ:ESRX) last announced its earnings results on Tuesday, July 25th. The company reported $1.73 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 firm had revenue of $25.35 billion for the quarter, compared to analyst estimates of $25.52 billion. During the same quarter last year, the firm posted $1.57 EPS. The business’s revenue was up .5% on a year-over-year basis. On average, analysts anticipate that Express Scripts Holding Company will post $6.99 EPS for the current year.

ILLEGAL ACTIVITY WARNING: This piece of content was originally reported by BNB Daily and is the property of of BNB Daily. If you are viewing this piece of content on another website, it was stolen and republished in violation of international trademark & copyright legislation. The legal version of this piece of content can be viewed at https://www.baseball-news-blog.com/2017/08/19/quantitative-systematic-strategies-llc-acquires-17582-shares-of-express-scripts-holding-company-nasdaqesrx-updated.html.

ESRX has been the subject of several research reports. ValuEngine lowered shares of Express Scripts Holding from a “buy” rating to a “hold” rating in a research note on Friday, June 2nd. Mizuho decreased their price target 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. Needham & Company LLC initiated coverage on shares of Express Scripts Holding in a research note on Friday, July 21st. They issued a “hold” rating for the company. Cowen and Company reiterated an “outperform” rating and issued a $83.00 price target on shares of Express Scripts Holding in a research note on Friday, June 9th. Finally, Evercore ISI decreased their price target on shares of Express Scripts Holding from $68.50 to $59.00 and set an “in-line” rating for the company in a research note on Wednesday, April 26th. Four equities research analysts have rated the stock with a sell rating, thirteen have given a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price 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)

Receive News & Ratings for Express Scripts Holding Company Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Express Scripts Holding Company and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply