Cobblestone Capital Advisors LLC NY Acquires 991 Shares of Express Scripts Holding Company (ESRX)

Cobblestone Capital Advisors LLC NY raised its holdings in Express Scripts Holding Company (NASDAQ:ESRX) by 0.9% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 109,129 shares of the company’s stock after buying an additional 991 shares during the period. Cobblestone Capital Advisors LLC NY’s holdings in Express Scripts Holding were worth $6,910,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of ESRX. Dodge & Cox boosted its position in Express Scripts Holding by 25.7% in the 2nd quarter. Dodge & Cox now owns 36,188,517 shares of the company’s stock valued at $2,310,275,000 after buying an additional 7,388,021 shares during the period. Pzena Investment Management LLC purchased a new position in Express Scripts Holding in the 2nd quarter valued at approximately $181,234,000. Renaissance Technologies LLC boosted its position in Express Scripts Holding by 9,353.3% in the 1st quarter. Renaissance Technologies LLC now owns 1,308,239 shares of the company’s stock valued at $86,226,000 after buying an additional 1,294,400 shares during the period. Baupost Group LLC MA purchased a new position in Express Scripts Holding in the 1st quarter valued at approximately $80,978,000. Finally, Northern Trust Corp boosted its position in Express Scripts Holding by 12.2% in the 2nd quarter. Northern Trust Corp now owns 11,068,777 shares of the company’s stock valued at $706,629,000 after buying an additional 1,206,980 shares during the period. 89.44% of the stock is owned by institutional investors.

ESRX has been the subject of several recent research reports. ValuEngine cut shares of Express Scripts Holding from a “buy” rating to a “hold” rating in a research report on Friday, September 1st. Robert W. Baird reissued a “hold” rating and issued a $56.00 price target on shares of Express Scripts Holding in a research report on Friday, September 1st. Jefferies Group LLC set a $72.00 price target on shares of Express Scripts Holding and gave the company a “buy” rating in a research report on Tuesday, August 29th. Raymond James Financial, Inc. reissued an “underperform” rating on shares of Express Scripts Holding in a research report on Monday, October 9th. Finally, Zacks Investment Research cut 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 given a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of $69.53.

In other Express Scripts Holding news, VP Everett Neville sold 1,163 shares of the firm’s stock in a transaction on Wednesday, August 23rd. The shares were 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Timothy C. Wentworth acquired 8,000 shares of the stock in a transaction on Tuesday, October 31st. The shares were acquired at an average cost of $61.13 per share, for a total transaction of $489,040.00. Following the completion of the transaction, the chief executive officer now directly owns 98,628 shares in the company, valued at approximately $6,029,129.64. The disclosure for this purchase can be found here. Insiders have sold a total of 6,284 shares of company stock worth $397,421 over the last three months. 0.68% of the stock is currently owned by insiders.

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Shares of Express Scripts Holding Company (NASDAQ:ESRX) traded down $0.70 during trading hours on Monday, reaching $60.05. 3,608,400 shares of the company traded hands, compared to its average volume of 4,115,587. Express Scripts Holding Company has a 12-month low of $55.80 and a 12-month high of $77.50. The company has a debt-to-equity ratio of 0.86, a current ratio of 0.73 and a quick ratio of 0.61. The firm has a market cap of $34,010.00, a price-to-earnings ratio of 8.78, a P/E/G ratio of 0.89 and a beta of 0.88.

Express Scripts Holding (NASDAQ:ESRX) last announced its quarterly earnings results on Tuesday, October 24th. The company reported $1.90 EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of $1.90. Express Scripts Holding had a net margin of 3.64% and a return on equity of 25.46%. The firm 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 earned $1.74 EPS. Express Scripts Holding’s revenue for the quarter was down 2.9% compared to the same quarter last year. research analysts anticipate that Express Scripts Holding Company will post 7.01 EPS for the current fiscal year.

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

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