BlueMountain Capital Management LLC lifted its position in shares of Express Scripts Holding Company (NASDAQ:ESRX) by 148.7% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 51,396 shares of the company’s stock after acquiring an additional 30,734 shares during the period. BlueMountain Capital Management LLC’s holdings in Express Scripts Holding were worth $3,281,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently made changes to their positions in ESRX. Vanguard Group Inc. boosted its stake in Express Scripts Holding by 1.6% during the 1st quarter. Vanguard Group Inc. now owns 40,251,311 shares of the company’s stock valued at $2,652,964,000 after purchasing an additional 649,400 shares during the last quarter. State Street Corp raised its stake in shares of Express Scripts Holding by 1.1% in the first quarter. State Street Corp now owns 27,060,709 shares of the company’s stock worth $1,783,569,000 after purchasing an additional 298,341 shares during the last quarter. Barrow Hanley Mewhinney & Strauss LLC raised its stake in shares of Express Scripts Holding by 4.2% in the first quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 17,612,834 shares of the company’s stock worth $1,160,862,000 after purchasing an additional 704,218 shares during the last quarter. Macquarie Group Ltd. raised its stake in shares of Express Scripts Holding by 2.8% in the first quarter. Macquarie Group Ltd. now owns 10,958,513 shares of the company’s stock worth $722,275,000 after purchasing an additional 296,452 shares during the last quarter. Finally, Veritas Asset Management LLP raised its stake in shares of Express Scripts Holding by 13.2% in the second quarter. Veritas Asset Management LLP now owns 8,192,572 shares of the company’s stock worth $523,014,000 after purchasing an additional 952,249 shares during the last quarter. 88.69% of the stock is owned by institutional investors.

In related news, VP Phyllis S. Anderson sold 578 shares of the business’s stock in a transaction dated Friday, September 8th. The shares were sold at an average price of $63.13, for a total transaction of $36,489.14. Following the transaction, the vice president now directly owns 10,530 shares in the company, valued at $664,758.90. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Woodrow A. Myers, Jr. sold 3,900 shares of the business’s stock in a transaction dated Monday, September 11th. The stock was sold at an average price of $63.93, for a total transaction of $249,327.00. Following the transaction, the director now owns 11,500 shares in the company, valued at $735,195. The disclosure for this sale can be found here. Insiders have sold 5,641 shares of company stock valued at $357,317 in the last ninety days. Insiders own 0.68% of the company’s stock.

Express Scripts Holding Company (NASDAQ:ESRX) opened at 63.63 on Tuesday. The firm’s 50-day moving average is $62.04 and its 200 day moving average is $62.67. Express Scripts Holding Company has a 52-week low of $57.80 and a 52-week high of $77.50. The company has a market cap of $36.75 billion, a price-to-earnings ratio of 11.04 and a beta of 0.88.

Express Scripts Holding (NASDAQ:ESRX) last issued its quarterly earnings results on Tuesday, July 25th. The company reported $1.73 EPS for the quarter, topping the Thomson Reuters’ 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 firm had revenue of $25.35 billion during the quarter, compared to analysts’ expectations of $25.52 billion. During the same period in the previous year, the business earned $1.57 earnings per share. The firm’s revenue for the quarter was up .5% on a year-over-year basis. On average, equities research analysts predict that Express Scripts Holding Company will post $6.99 EPS for the current fiscal year.

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Several research firms recently commented on ESRX. ValuEngine raised Express Scripts Holding from a “hold” rating to a “buy” rating in a research report on Monday. Jefferies Group LLC set a $72.00 target price on Express Scripts Holding and gave the stock a “buy” rating in a research report on Tuesday, August 29th. Robert W. Baird restated a “hold” rating and set a $56.00 target price on shares of Express Scripts Holding in a research note on Friday, September 1st. Needham & Company LLC assumed coverage on shares of Express Scripts Holding in a research note on Friday, July 21st. They issued a “hold” rating for the company. Finally, BidaskClub raised shares of Express Scripts Holding from a “sell” rating to a “hold” rating in a report on Saturday, June 17th. Four equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of $70.09.

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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