Skandinaviska Enskilda Banken AB publ increased its stake in Express Scripts Holding Company (NASDAQ:ESRX) by 5.9% during the first quarter, Holdings Channel reports. The firm owned 716,010 shares of the company’s stock after buying an additional 40,072 shares during the period. Skandinaviska Enskilda Banken AB publ’s holdings in Express Scripts Holding were worth $47,192,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Lodestar Investment Counsel LLC IL increased its stake in shares of Express Scripts Holding by 2.8% in the first quarter. Lodestar Investment Counsel LLC IL now owns 10,947 shares of the company’s stock valued at $722,000 after buying an additional 300 shares during the period. Asset Planning Services Ltd. increased its stake in Express Scripts Holding by 17.3% in the first quarter. Asset Planning Services Ltd. now owns 8,619 shares of the company’s stock worth $568,000 after buying an additional 1,273 shares in the last quarter. Regent Investment Management LLC increased its stake in Express Scripts Holding by 162.5% in the first quarter. Regent Investment Management LLC now owns 44,944 shares of the company’s stock worth $2,962,000 after buying an additional 27,823 shares in the last quarter. Pinnacle Bank purchased a new stake in Express Scripts Holding during the first quarter worth $143,000. Finally, Howard Capital Management increased its stake in Express Scripts Holding by 5.4% in the first quarter. Howard Capital Management now owns 5,465 shares of the company’s stock worth $360,000 after buying an additional 280 shares in the last quarter. Hedge funds and other institutional investors own 90.24% of the company’s stock.

Shares of Express Scripts Holding Company (ESRX) traded up 0.285% on Tuesday, reaching $61.485. The company’s stock had a trading volume of 798,436 shares. The stock has a market cap of $35.51 billion, a P/E ratio of 10.671 and a beta of 0.90. Express Scripts Holding Company has a 12 month low of $57.80 and a 12 month high of $77.61. The firm’s 50-day moving average price is $62.62 and its 200-day moving average price is $64.34.

Express Scripts Holding (NASDAQ:ESRX) last released its quarterly earnings results on Tuesday, July 25th. The company reported $1.73 earnings per share for the quarter, beating the 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 for the quarter, compared to analysts’ expectations of $25.52 billion. During the same quarter last year, the firm posted $1.57 EPS. The company’s revenue was up .5% compared to the same quarter last year. On average, analysts forecast that Express Scripts Holding Company will post $6.99 earnings per share for the current fiscal year.

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A number of equities research analysts have recently weighed in on the company. Morgan Stanley lifted their target price on Express Scripts Holding from $52.00 to $57.00 and gave the stock an “underweight” rating in a report on Thursday, August 10th. BidaskClub downgraded Express Scripts Holding from a “sell” rating to a “strong sell” rating in a report on Friday, August 4th. Needham & Company LLC assumed coverage on Express Scripts Holding in a report on Friday, July 21st. They set a “hold” rating for the company. Cowen and Company reissued an “outperform” rating and set a $83.00 target price on shares of Express Scripts Holding in a report on Friday, June 9th. Finally, ValuEngine downgraded Express Scripts Holding from a “buy” rating to a “hold” rating in a report on Friday, June 2nd. Four equities research analysts have rated the stock with a sell rating, thirteen have given a hold rating, five have given a buy rating and one has given a strong buy rating to the company. Express Scripts Holding has an average rating of “Hold” and a consensus target price of $71.17.

In other Express Scripts Holding news, VP Phyllis S. Anderson sold 1,100 shares of the firm’s stock in a transaction dated Friday, May 19th. The stock was sold at an average price of $60.08, for a total value of $66,088.00. Following the sale, the vice president now owns 11,108 shares of the company’s stock, valued at approximately $667,368.64. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Company insiders own 0.68% of the company’s stock.

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

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