Gulf International Bank UK Ltd reduced its holdings in shares of Express Scripts Holding (NASDAQ:ESRX) by 5.3% during the 4th quarter, HoldingsChannel reports. The fund owned 182,497 shares of the company’s stock after selling 10,300 shares during the period. Gulf International Bank UK Ltd’s holdings in Express Scripts were worth $13,621,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. Sandy Spring Bank boosted its position in Express Scripts by 0.6% in the second quarter. Sandy Spring Bank now owns 6,464 shares of the company’s stock valued at $413,000 after buying an additional 37 shares in the last quarter. Stonebridge Capital Advisors LLC boosted its position in Express Scripts by 0.4% in the second quarter. Stonebridge Capital Advisors LLC now owns 24,059 shares of the company’s stock valued at $1,536,000 after buying an additional 100 shares in the last quarter. National Asset Management Inc. boosted its position in Express Scripts by 1.5% in the second quarter. National Asset Management Inc. now owns 7,939 shares of the company’s stock valued at $510,000 after buying an additional 115 shares in the last quarter. San Francisco Sentry Investment Group CA boosted its position in Express Scripts by 3.2% in the second quarter. San Francisco Sentry Investment Group CA now owns 4,487 shares of the company’s stock valued at $286,000 after buying an additional 138 shares in the last quarter. Finally, Ironwood Investment Counsel LLC boosted its position in Express Scripts by 2.7% in the second quarter. Ironwood Investment Counsel LLC now owns 5,327 shares of the company’s stock valued at $340,000 after buying an additional 140 shares in the last quarter. Institutional investors and hedge funds own 88.21% of the company’s stock.

In other Express Scripts news, VP Christine Houston sold 10,104 shares of the company’s stock in a transaction that occurred on Friday, December 15th. The shares were sold at an average price of $70.08, for a total value of $708,088.32. Following the completion of the sale, the vice president now owns 87,400 shares of the company’s stock, valued at $6,124,992. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Timothy C. Wentworth bought 8,000 shares of the stock in a transaction on Tuesday, October 31st. The stock was purchased at an average cost of $61.13 per share, with a total value of $489,040.00. Following the purchase, the chief executive officer now directly owns 98,628 shares of the company’s stock, valued at approximately $6,029,129.64. The disclosure for this purchase can be found here. Over the last three months, insiders have sold 17,644 shares of company stock valued at $1,289,609. 0.68% of the stock is currently owned by insiders.

Express Scripts Holding (ESRX) traded down $0.46 on Wednesday, hitting $80.41. 4,313,200 shares of the company were exchanged, compared to its average volume of 3,998,920. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.61 and a current ratio of 0.73. The company has a market capitalization of $45,540.00, a P/E ratio of 13.36, a price-to-earnings-growth ratio of 0.90 and a beta of 0.87. Express Scripts Holding has a twelve month low of $55.80 and a twelve month high of $81.75.

Express Scripts (NASDAQ:ESRX) last posted its quarterly earnings results on Tuesday, October 24th. The company reported $1.90 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $1.90. The business had revenue of $24.68 billion during the quarter, compared to the consensus estimate of $25.68 billion. Express Scripts had a net margin of 3.64% and a return on equity of 25.46%. Express Scripts’s revenue for the quarter was down 2.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.74 earnings per share. equities analysts anticipate that Express Scripts Holding will post 7.04 earnings per share for the current fiscal year.

Express Scripts announced that its Board of Directors has approved a stock buyback plan on Monday, December 18th that permits the company to repurchase 45,000,000 shares. This repurchase authorization permits the company to reacquire shares of its stock through open market purchases. Shares repurchase plans are usually a sign that the company’s board believes its shares are undervalued.

A number of research firms have commented on ESRX. SunTrust Banks restated a “buy” rating and issued a $95.00 price target on shares of Express Scripts in a research report on Friday, January 12th. Robert W. Baird restated a “buy” rating and issued a $92.00 price target (up from $81.00) on shares of Express Scripts in a research report on Tuesday, January 9th. Evercore ISI started coverage on shares of Express Scripts in a research report on Thursday, January 4th. They issued an “in-line” rating and a $78.00 price target on the stock. BidaskClub raised shares of Express Scripts from a “buy” rating to a “strong-buy” rating in a research note on Friday, December 22nd. Finally, Needham & Company LLC reaffirmed a “hold” rating on shares of Express Scripts in a research note on Thursday, December 21st. Five equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating, eight have issued a buy rating and two have assigned a strong buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of $77.09.

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

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