Meag Munich Ergo Kapitalanlagegesellschaft MBH Grows Position in Express Scripts Holding Company (ESRX)

Meag Munich Ergo Kapitalanlagegesellschaft MBH increased its holdings in shares of Express Scripts Holding Company (NASDAQ:ESRX) by 64.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 310,281 shares of the company’s stock after acquiring an additional 121,927 shares during the quarter. Meag Munich Ergo Kapitalanlagegesellschaft MBH owned approximately 0.05% of Express Scripts Holding worth $19,630,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. O Shaughnessy Asset Management LLC increased its stake in shares of Express Scripts Holding by 37.2% in the first quarter. O Shaughnessy Asset Management LLC now owns 543,901 shares of the company’s stock valued at $35,849,000 after purchasing an additional 147,543 shares during the period. LMR Partners LLP acquired a new stake in shares of Express Scripts Holding in the first quarter valued at approximately $559,000. ZWJ Investment Counsel Inc. acquired a new stake in shares of Express Scripts Holding in the first quarter valued at approximately $328,000. Rafferty Asset Management LLC increased its stake in shares of Express Scripts Holding by 22.7% in the first quarter. Rafferty Asset Management LLC now owns 17,665 shares of the company’s stock valued at $1,164,000 after purchasing an additional 3,265 shares during the period. Finally, Van ECK Associates Corp increased its stake 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 purchasing an additional 83,568 shares during the period. Hedge funds and other institutional investors own 90.30% of the company’s stock.

In other Express Scripts Holding news, Director Woodrow A. Myers, Jr. sold 3,900 shares of the firm’s stock in a transaction on Monday, September 11th. The shares were sold at an average price of $63.93, for a total value of $249,327.00. Following the sale, the director now directly owns 11,500 shares in the company, valued at approximately $735,195. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Phyllis S. Anderson sold 643 shares of the firm’s stock in a transaction on Wednesday, November 1st. The stock was sold at an average price of $62.37, for a total transaction of $40,103.91. The disclosure for this sale can be found here. Insiders sold a total of 6,284 shares of company stock worth $397,421 over the last quarter. 0.68% of the stock is currently owned by company insiders.

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Express Scripts Holding Company (NASDAQ ESRX) traded down $0.70 during trading on Friday, hitting $60.05. 3,608,400 shares of the stock were exchanged, compared to its average volume of 4,326,750. The company has a market cap of $34,010.70, a P/E ratio of 8.78, a P/E/G ratio of 0.89 and a beta of 0.88. The company has a quick ratio of 0.61, a current ratio of 0.73 and a debt-to-equity ratio of 0.86. Express Scripts Holding Company has a fifty-two week low of $55.80 and a fifty-two week high of $77.50.

Express Scripts Holding (NASDAQ:ESRX) last posted its earnings results on Tuesday, October 24th. The company reported $1.90 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $1.90. Express Scripts Holding had a net margin of 3.64% and a return on equity of 25.46%. The business had revenue of $24.68 billion for the quarter, compared to analyst estimates of $25.68 billion. During the same period last year, the business posted $1.74 EPS. Express Scripts Holding’s revenue was down 2.9% compared to the same quarter last year. equities research analysts anticipate that Express Scripts Holding Company will post 7.01 EPS for the current year.

Several equities research analysts have commented on the stock. Mizuho set a $67.00 price target on shares of Express Scripts Holding and gave the company a “hold” rating in a research note on Tuesday, October 24th. Robert W. Baird reiterated a “hold” rating and issued a $56.00 price objective on shares of Express Scripts Holding in a report on Friday, September 1st. Morgan Stanley increased their price objective on shares of Express Scripts Holding from $52.00 to $57.00 and gave the company an “underweight” rating in a report on Thursday, August 10th. BidaskClub cut shares of Express Scripts Holding from a “sell” rating to a “strong sell” rating in a report on Friday, August 4th. Finally, Royal Bank Of Canada began coverage on shares of Express Scripts Holding in a report on Tuesday, September 19th. They issued a “sector perform” rating and a $68.00 price objective for the company. Seven analysts have rated the stock with a sell rating, ten have issued a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of $69.53.

Express Scripts Holding 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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Institutional Ownership by Quarter for Express Scripts Holding (NASDAQ:ESRX)

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