Express Scripts Holding Company (ESRX) Position Reduced by Toronto Dominion Bank
Toronto Dominion Bank decreased its position in Express Scripts Holding Company (NASDAQ:ESRX) by 93.4% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 226,715 shares of the company’s stock after selling 3,231,461 shares during the period. Toronto Dominion Bank’s holdings in Express Scripts Holding were worth $14,354,000 at the end of the most recent reporting period.
Other institutional investors have also recently bought and sold shares of the company. Burt Wealth Advisors boosted its stake in Express Scripts Holding by 11.4% in the 2nd quarter. Burt Wealth Advisors now owns 1,696 shares of the company’s stock worth $108,000 after purchasing an additional 174 shares during the period. CKW Financial Group boosted its stake in Express Scripts Holding by 20.0% in the 2nd quarter. CKW Financial Group now owns 1,800 shares of the company’s stock worth $115,000 after purchasing an additional 300 shares during the period. IHT Wealth Management LLC boosted its stake in Express Scripts Holding by 8.1% in the 1st quarter. IHT Wealth Management LLC now owns 1,944 shares of the company’s stock worth $128,000 after purchasing an additional 145 shares during the period. First Personal Financial Services boosted its stake in Express Scripts Holding by 199.1% in the 2nd quarter. First Personal Financial Services now owns 2,103 shares of the company’s stock worth $134,000 after purchasing an additional 1,400 shares during the period. Finally, FNY Partners Fund LP acquired a new position in Express Scripts Holding in the 1st quarter worth approximately $138,000. 89.44% of the stock is owned by hedge funds and other institutional investors.
A number of equities analysts recently commented on the stock. Jefferies Group LLC reaffirmed a “buy” rating on shares of Express Scripts Holding in a research note on Thursday, October 26th. Royal Bank Of Canada set a $66.00 target price on shares of Express Scripts Holding and gave the stock a “hold” rating in a research report on Wednesday, October 25th. Robert W. Baird increased their target price on shares of Express Scripts Holding from $57.00 to $59.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 25th. Mizuho set a $67.00 target price on shares of Express Scripts Holding and gave the stock a “hold” rating in a research report on Tuesday, October 24th. Finally, Zacks Investment Research downgraded shares of Express Scripts Holding from a “buy” rating to a “sell” rating in a research report on Tuesday, October 24th. 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 issued a strong buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of $69.53.
Express Scripts Holding Company (NASDAQ ESRX) traded up $0.83 during trading hours on Tuesday, reaching $60.88. 3,428,800 shares of the company were exchanged, compared to its average volume of 4,112,452. Express Scripts Holding Company has a 1-year low of $55.80 and a 1-year high of $77.50. The company has a quick ratio of 0.61, a current ratio of 0.73 and a debt-to-equity ratio of 0.86. The firm has a market cap of $34,010.70, a price-to-earnings ratio of 8.78, a PEG ratio of 0.89 and a beta of 0.88.
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 analysts anticipate that Express Scripts Holding Company will post 7.01 EPS for the current fiscal year.
In related news, VP Phyllis S. Anderson sold 643 shares of the firm’s stock in a transaction on Wednesday, November 1st. The shares were sold at an average price of $62.37, for a total value of $40,103.91. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, 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 transaction of $249,327.00. Following the completion of 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 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 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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