Shelton Capital Management boosted its position in shares of Express Scripts Holding Company (NASDAQ:ESRX) by 67.0% during the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 81,542 shares of the company’s stock after buying an additional 32,726 shares during the period. Shelton Capital Management’s holdings in Express Scripts Holding were worth $5,374,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently made changes to their positions in ESRX. Dubuque Bank & Trust Co. boosted 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 in the last quarter. TrimTabs Asset Management LLC purchased a new stake in shares of Express Scripts Holding during the first quarter valued at approximately $121,000. Capital Analysts LLC raised 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 during the last quarter. Pinnacle Bank purchased a new stake in shares of Express Scripts Holding during the first quarter valued at approximately $143,000. Finally, Oakworth Capital Inc. raised its stake in shares of Express Scripts Holding by 7.0% in the first quarter. Oakworth Capital Inc. now owns 2,362 shares of the company’s stock valued at $155,000 after buying an additional 155 shares during the last quarter. Institutional investors and hedge funds own 90.24% of the company’s stock.
Shares of Express Scripts Holding Company (ESRX) traded down 0.79% during midday trading on Friday, reaching $60.56. The company’s stock had a trading volume of 2,382,740 shares. The company has a 50 day moving average of $62.23 and a 200-day moving average of $64.20. Express Scripts Holding Company has a 52 week low of $57.80 and a 52 week high of $77.61. The stock 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 released its earnings results on Tuesday, July 25th. The company reported $1.73 earnings per share for the quarter, topping the consensus estimate of $1.71 by $0.02. The business had revenue of $25.35 billion for the quarter, compared to the consensus estimate of $25.52 billion. Express Scripts Holding had a net margin of 3.50% and a return on equity of 25.58%. The firm’s quarterly revenue was up .5% compared to the same quarter last year. During the same period last year, the firm posted $1.57 earnings per share. Equities research analysts predict that Express Scripts Holding Company will post $6.99 earnings per share for the current year.
Several analysts have issued reports on ESRX shares. Cowen and Company reiterated an “outperform” rating and issued a $83.00 target price on shares of Express Scripts Holding in a research report on Friday, June 9th. Morgan Stanley decreased their target price on Express Scripts Holding from $71.00 to $52.00 and set an “underweight” rating on the stock in a research report on Wednesday, April 26th. BidaskClub downgraded Express Scripts Holding from a “hold” rating to a “sell” rating in a research report on Wednesday, July 12th. Evercore ISI decreased their price objective on Express Scripts Holding from $68.50 to $59.00 and set an “in-line” rating on the stock in a research report on Wednesday, April 26th. Finally, Mizuho decreased their price objective on Express Scripts Holding from $76.00 to $61.00 and set a “neutral” rating on the stock in a research report on Tuesday, April 25th. Four 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 company’s stock. Express Scripts Holding currently has a consensus rating of “Hold” and an average 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).
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