Today: Today, Express Scripts Holding Co. (ESRX) Stake Raised by CIBC World Markets Inc.

Today, Express Scripts Holding Co. (ESRX) Stake Raised by CIBC World Markets Inc.

CIBC World Markets Inc. boosted its stake in Express Scripts Holding Co. (NASDAQ:ESRX) by 97.4% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 83,604 shares of the company’s stock after buying an additional 41,252 shares during the period. CIBC World Markets Inc.’s holdings in Express Scripts Holding were worth $5,897,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in ESRX. Oakworth Capital Inc. raised its position in Express Scripts Holding by 0.6% in the third quarter. Oakworth Capital Inc. now owns 1,802 shares of the company’s stock valued at $127,000 after buying an additional 10 shares in the last quarter. Checchi Capital Advisers LLC raised its position in Express Scripts Holding by 0.5% in the second quarter. Checchi Capital Advisers LLC now owns 6,561 shares of the company’s stock valued at $497,000 after buying an additional 30 shares in the last quarter. Bath Savings Trust Co raised its position in Express Scripts Holding by 1.2% in the second quarter. Bath Savings Trust Co now owns 3,217 shares of the company’s stock valued at $244,000 after buying an additional 38 shares in the last quarter. Enterprise Financial Services Corp raised its position in Express Scripts Holding by 0.7% in the third quarter. Enterprise Financial Services Corp now owns 6,032 shares of the company’s stock valued at $426,000 after buying an additional 41 shares in the last quarter. Finally, Quadrant Capital Group LLC raised its position in Express Scripts Holding by 1.3% in the third quarter. Quadrant Capital Group LLC now owns 3,728 shares of the company’s stock valued at $253,000 after buying an additional 48 shares in the last quarter. Institutional investors own 88.11% of the company’s stock.

Express Scripts Holding Co. (NASDAQ:ESRX) traded up 0.12% during trading on Friday, hitting $76.90. 1,285,203 shares of the stock were exchanged. Express Scripts Holding Co. has a 1-year low of $64.46 and a 1-year high of $89.00. The firm has a market capitalization of $47.42 billion, a price-to-earnings ratio of 18.18 and a beta of 0.96. The company has a 50-day moving average price of $71.36 and a 200 day moving average price of $73.79.

Express Scripts Holding (NASDAQ:ESRX) last posted its quarterly earnings data on Tuesday, October 25th. The company reported $1.74 EPS for the quarter, meeting the Zacks’ consensus estimate of $1.74. The business earned $25.41 billion during the quarter, compared to analysts’ expectations of $25.48 billion. Express Scripts Holding had a return on equity of 24.99% and a net margin of 2.70%. The business’s revenue was up .7% compared to the same quarter last year. During the same period in the previous year, the business earned $1.45 earnings per share. Equities analysts predict that Express Scripts Holding Co. will post $6.39 earnings per share for the current fiscal year.

ESRX has been the topic of a number of research reports. Zacks Investment Research lowered shares of Express Scripts Holding from a “buy” rating to a “hold” rating in a research note on Thursday, August 4th. Mizuho upped their price target on shares of Express Scripts Holding from $77.00 to $82.00 and gave the company a “neutral” rating in a research note on Tuesday, August 2nd. Oppenheimer Holdings Inc. reiterated a “market perform” rating on shares of Express Scripts Holding in a research note on Wednesday, November 2nd. Leerink Swann reiterated a “market perform” rating and issued a $80.00 price target on shares of Express Scripts Holding in a research note on Thursday, September 1st. Finally, Jefferies Group reiterated a “buy” rating and issued a $88.00 price target on shares of Express Scripts Holding in a research note on Friday, October 28th. Two analysts have rated the stock with a sell rating, eleven have issued a hold rating and nine have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of $82.05.

In other Express Scripts Holding news, VP Christopher A. Mcginnis sold 1,785 shares of the company’s stock in a transaction on Monday, September 12th. The stock was sold at an average price of $70.77, for a total value of $126,324.45. Following the completion of the sale, the vice president now directly owns 4,955 shares in the company, valued at approximately $350,665.35. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Woodrow A. Myers, Jr. sold 12,036 shares of the company’s stock in a transaction on Wednesday, September 14th. The shares were sold at an average price of $70.40, for a total value of $847,334.40. Following the completion of the sale, the director now owns 14,918 shares of the company’s stock, valued at $1,050,227.20. The disclosure for this sale can be found here. 0.54% of the stock is owned by insiders.

Express Scripts Holding Company Profile

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