Express Scripts Holding Company (ESRX) Holdings Increased by Cobblestone Capital Advisors LLC NY

Cobblestone Capital Advisors LLC NY grew its holdings in shares of Express Scripts Holding Company (NASDAQ:ESRX) by 7.8% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 108,138 shares of the company’s stock after acquiring an additional 7,834 shares during the period. Cobblestone Capital Advisors LLC NY’s holdings in Express Scripts Holding were worth $6,904,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its position in shares of Express Scripts Holding by 1.6% during the 1st quarter. Vanguard Group Inc. now owns 40,251,311 shares of the company’s stock worth $2,652,964,000 after purchasing an additional 649,400 shares in the last quarter. State Street Corp boosted its position in shares of Express Scripts Holding by 1.1% during the 1st quarter. State Street Corp now owns 27,060,709 shares of the company’s stock worth $1,783,569,000 after purchasing an additional 298,341 shares in the last quarter. Barrow Hanley Mewhinney & Strauss LLC boosted its position in shares of Express Scripts Holding by 4.2% during 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 purchasing an additional 704,218 shares in the last quarter. Bank of New York Mellon Corp boosted its position in shares of Express Scripts Holding by 0.3% during 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 purchasing an additional 32,854 shares in the last quarter. Finally, Macquarie Group Ltd. boosted its position in shares of Express Scripts Holding by 2.8% during the 1st quarter. Macquarie Group Ltd. now owns 10,958,513 shares of the company’s stock worth $722,275,000 after purchasing an additional 296,452 shares in the last quarter. 88.71% of the stock is currently owned by institutional investors.

Several brokerages recently weighed in on ESRX. ValuEngine cut shares of Express Scripts Holding from a “buy” rating to a “hold” rating in a research report on Friday, June 2nd. Cowen and Company reaffirmed an “outperform” rating and issued a $83.00 price target on shares of Express Scripts Holding in a research report on Friday, June 9th. BidaskClub raised shares of Express Scripts Holding from a “sell” rating to a “hold” rating in a research report on Saturday, June 17th. Needham & Company LLC began coverage on shares of Express Scripts Holding in a research report on Friday, July 21st. They issued a “hold” rating on the stock. Finally, Morgan Stanley raised their price target on shares of Express Scripts Holding from $52.00 to $57.00 and gave the company an “underweight” rating in a research report on Thursday, August 10th. Four analysts have rated the stock with a sell rating, thirteen have assigned a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $70.24.

In other Express Scripts Holding news, VP Phyllis S. Anderson sold 578 shares of the stock in a transaction on Friday, September 8th. The shares were sold at an average price of $63.13, for a total transaction of $36,489.14. Following the completion of the transaction, the vice president now owns 10,530 shares in the company, valued at $664,758.90. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Everett Neville sold 1,163 shares of the 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 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. Insiders have sold 5,641 shares of company stock valued at $357,317 in the last quarter. 0.68% of the stock is owned by company insiders.

Shares of Express Scripts Holding Company (NASDAQ:ESRX) opened at 62.64 on Wednesday. The stock’s 50 day moving average is $61.89 and its 200-day moving average is $63.36. Express Scripts Holding Company has a 12-month low of $57.80 and a 12-month high of $77.50. The company has a market capitalization of $36.18 billion, a P/E ratio of 10.87 and a beta of 0.88.

Express Scripts Holding (NASDAQ:ESRX) last posted its earnings results on Tuesday, July 25th. The company reported $1.73 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.71 by $0.02. The company had revenue of $25.35 billion during the quarter, compared to analysts’ expectations 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 quarterly revenue was up .5% on a year-over-year basis. During the same period last year, the company posted $1.57 earnings per share. Analysts anticipate that Express Scripts Holding Company will post $6.99 earnings per share for the current year.

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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).

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

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