Vident Investment Advisory LLC boosted its holdings in shares of Express Scripts Holding (NASDAQ:ESRX) by 2.5% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 53,239 shares of the company’s stock after buying an additional 1,296 shares during the period. Vident Investment Advisory LLC’s holdings in Express Scripts were worth $3,974,000 as of its most recent SEC filing.
A number of other large investors have also bought and sold shares of the stock. Swedbank purchased a new stake in Express Scripts during the fourth quarter valued at about $111,016,000. ValueAct Holdings L.P. purchased a new stake in Express Scripts during the fourth quarter valued at about $89,568,000. Two Sigma Advisers LP raised its position in Express Scripts by 143.4% during the fourth quarter. Two Sigma Advisers LP now owns 1,782,736 shares of the company’s stock valued at $133,063,000 after purchasing an additional 1,050,400 shares in the last quarter. Ameriprise Financial Inc. raised its position in Express Scripts by 23.5% during the third quarter. Ameriprise Financial Inc. now owns 5,233,327 shares of the company’s stock valued at $331,374,000 after purchasing an additional 996,816 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership raised its position in Express Scripts by 31.9% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 3,450,844 shares of the company’s stock valued at $257,571,000 after purchasing an additional 835,464 shares in the last quarter. 89.08% of the stock is owned by institutional investors.
In related news, VP Everett Neville sold 4,895 shares of the business’s stock in a transaction dated Thursday, March 1st. The stock was sold at an average price of $75.26, for a total transaction of $368,397.70. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, VP Glen D. Stettin sold 3,448 shares of the business’s stock in a transaction dated Tuesday, January 2nd. The shares were sold at an average price of $76.00, for a total value of $262,048.00. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 11,792 shares of company stock worth $909,815. 0.68% of the stock is owned by company insiders.
Express Scripts Holding (NASDAQ ESRX) opened at $76.02 on Friday. The company has a market capitalization of $42,839.21, a PE ratio of 9.71, a PEG ratio of 0.93 and a beta of 0.94. The company has a quick ratio of 0.55, a current ratio of 0.67 and a debt-to-equity ratio of 0.83. Express Scripts Holding has a twelve month low of $55.80 and a twelve month high of $85.07.
Express Scripts (NASDAQ:ESRX) last released its quarterly earnings data on Tuesday, February 27th. The company reported $2.16 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $2.09 by $0.07. The firm had revenue of $25.38 billion for the quarter, compared to the consensus estimate of $25.07 billion. Express Scripts had a return on equity of 25.19% and a net margin of 4.51%. The company’s quarterly revenue was up 2.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.88 earnings per share. research analysts expect that Express Scripts Holding will post 9.35 EPS for the current year.
Express Scripts declared that its Board of Directors has initiated a share repurchase plan on Monday, December 18th that allows the company to buyback 45,000,000 outstanding shares. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Stock buyback plans are often an indication that the company’s board of directors believes its shares are undervalued.
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Express Scripts 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).
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