Argent Trust Co Trims Holdings in Express Scripts Holding Company (ESRX)

Argent Trust Co reduced its stake in Express Scripts Holding Company (NASDAQ:ESRX) by 10.4% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 20,769 shares of the company’s stock after selling 2,414 shares during the period. Argent Trust Co’s holdings in Express Scripts Holding were worth $1,326,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in ESRX. Vanguard Group Inc. grew its stake in shares of Express Scripts Holding by 1.6% in the 1st quarter. Vanguard Group Inc. now owns 40,251,311 shares of the company’s stock worth $2,652,964,000 after buying an additional 649,400 shares in the last quarter. State Street Corp grew its stake in shares of Express Scripts Holding by 1.1% in the 1st quarter. State Street Corp now owns 27,060,709 shares of the company’s stock worth $1,783,569,000 after buying an additional 298,341 shares in the last quarter. Barrow Hanley Mewhinney & Strauss LLC grew its stake in shares of Express Scripts Holding by 4.2% in the 1st quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 17,612,834 shares of the company’s stock worth $1,160,862,000 after buying an additional 704,218 shares in the last quarter. Bank of New York Mellon Corp grew its stake in shares of Express Scripts Holding by 0.3% in the 1st quarter. Bank of New York Mellon Corp now owns 10,960,709 shares of the company’s stock worth $722,420,000 after buying an additional 32,854 shares in the last quarter. Finally, Macquarie Group Ltd. grew its stake in shares of Express Scripts Holding by 2.8% in the 1st quarter. Macquarie Group Ltd. now owns 10,958,513 shares of the company’s stock worth $722,275,000 after buying an additional 296,452 shares in the last quarter. Institutional investors own 88.69% of the company’s stock.

In other Express Scripts Holding news, Director Woodrow A. Myers, Jr. sold 3,900 shares of the stock in a transaction dated 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 of the company’s stock, valued at $735,195. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, VP Everett Neville sold 1,163 shares of the stock in a transaction dated Wednesday, August 23rd. The stock was sold at an average price of $61.48, for a total transaction of $71,501.24. Following the transaction, the vice president now directly owns 18,232 shares of the company’s stock, valued at approximately $1,120,903.36. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 5,641 shares of company stock valued at $357,317. 0.68% of the stock is currently owned by insiders.

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Shares of Express Scripts Holding Company (NASDAQ:ESRX) opened at 62.29 on Monday. The firm has a 50-day moving average of $61.81 and a 200 day moving average of $62.96. The stock has a market capitalization of $35.98 billion, a PE ratio of 10.81 and a beta of 0.88. Express Scripts Holding Company has a 52-week low of $57.80 and a 52-week high of $77.50.

Express Scripts Holding (NASDAQ:ESRX) last announced its earnings results on Tuesday, July 25th. The company reported $1.73 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.71 by $0.02. The company had revenue of $25.35 billion during the quarter, compared to analyst estimates of $25.52 billion. Express Scripts Holding had a net margin of 3.50% and a return on equity of 25.58%. Express Scripts Holding’s revenue was up .5% compared to the same quarter last year. During the same quarter last year, the firm posted $1.57 earnings per share. Equities research analysts forecast that Express Scripts Holding Company will post $6.99 EPS for the current fiscal year.

ESRX has been the subject of a number of recent research reports. Jefferies Group LLC set a $72.00 price objective on shares of Express Scripts Holding and gave the stock a “buy” rating in a research note on Tuesday, August 29th. ValuEngine cut shares of Express Scripts Holding from a “buy” rating to a “hold” rating in a research note on Friday, June 2nd. Needham & Company LLC initiated coverage on shares of Express Scripts Holding in a research note on Friday, July 21st. They issued a “hold” rating for the company. Cowen and Company reissued an “outperform” rating and issued a $83.00 price objective on shares of Express Scripts Holding in a research note on Friday, June 9th. Finally, Royal Bank Of Canada initiated coverage on shares of Express Scripts Holding in a research note on Tuesday, September 19th. They issued a “sector perform” rating and a $68.00 price objective for the company. Four investment analysts have rated the stock with a sell rating, fourteen have issued a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of $70.09.

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).

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

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