Hikari Power Ltd Acquires 21,900 Shares of Express Scripts Holding Company (ESRX)

Hikari Power Ltd grew its holdings in Express Scripts Holding Company (NASDAQ:ESRX) by 28.6% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 98,560 shares of the company’s stock after buying an additional 21,900 shares during the period. Express Scripts Holding accounts for about 0.8% of Hikari Power Ltd’s holdings, making the stock its 28th biggest holding. Hikari Power Ltd’s holdings in Express Scripts Holding were worth $6,241,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Park National Corp OH raised its position in shares of Express Scripts Holding by 0.3% in the second quarter. Park National Corp OH now owns 3,575 shares of the company’s stock valued at $228,000 after buying an additional 11 shares during the last quarter. Parkside Financial Bank & Trust raised its position in shares of Express Scripts Holding by 0.3% in the second quarter. Parkside Financial Bank & Trust now owns 8,634 shares of the company’s stock valued at $551,000 after buying an additional 23 shares during the last quarter. Carroll Financial Associates Inc. raised its position in shares of Express Scripts Holding by 1.0% in the second quarter. Carroll Financial Associates Inc. now owns 3,186 shares of the company’s stock valued at $203,000 after buying an additional 30 shares during the last quarter. CAPROCK Group Inc. raised its position in shares of Express Scripts Holding by 0.9% in the second quarter. CAPROCK Group Inc. now owns 3,675 shares of the company’s stock valued at $235,000 after buying an additional 33 shares during the last quarter. Finally, Sandy Spring Bank raised its position in shares of Express Scripts Holding 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 during the last quarter. Institutional investors and hedge funds own 89.44% of the company’s stock.

In related news, VP Everett Neville sold 1,163 shares of the firm’s stock in a transaction that occurred on Wednesday, August 23rd. The shares were sold at an average price of $61.48, for a total value of $71,501.24. Following the sale, the vice president now owns 18,232 shares of the company’s stock, valued at $1,120,903.36. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CEO Timothy C. Wentworth acquired 8,000 shares of the business’s stock in a transaction on Tuesday, October 31st. The shares were bought at an average cost of $61.13 per share, for a total transaction of $489,040.00. Following the acquisition, the chief executive officer now 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. In the last ninety days, insiders sold 6,284 shares of company stock worth $397,421. 0.68% of the stock is owned by corporate insiders.

A number of equities research analysts recently issued reports on ESRX shares. Jefferies Group LLC reissued a “buy” rating on shares of Express Scripts Holding in a report on Thursday, October 26th. Royal Bank Of Canada set a $66.00 price objective on shares of Express Scripts Holding and gave the company a “hold” rating in a report on Wednesday, October 25th. Robert W. Baird upped their price objective on shares of Express Scripts Holding from $57.00 to $59.00 and gave the company a “neutral” rating in a report on Wednesday, October 25th. Mizuho set a $67.00 price objective on shares of Express Scripts Holding and gave the company a “hold” rating in a report on Tuesday, October 24th. Finally, Zacks Investment Research lowered shares of Express Scripts Holding from a “buy” rating to a “sell” rating in a report on Tuesday, October 24th. Seven research analysts have rated the stock with a sell rating, ten have given a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $69.53.

Express Scripts Holding Company (NASDAQ:ESRX) traded up $2.40 during midday trading on Friday, hitting $62.45. 4,500,900 shares of the stock traded hands, compared to its average volume of 4,100,748. The company has a current ratio of 0.73, a quick ratio of 0.61 and a debt-to-equity ratio of 0.86. Express Scripts Holding Company has a twelve month low of $55.80 and a twelve month high of $77.50. The stock has a market capitalization of $35,370.00, a price-to-earnings ratio of 8.78, a price-to-earnings-growth ratio of 0.89 and a beta of 0.88.

Express Scripts Holding (NASDAQ:ESRX) last posted its quarterly earnings data on Tuesday, October 24th. The company reported $1.90 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $1.90. The business had revenue of $24.68 billion during the quarter, compared to analyst estimates of $25.68 billion. Express Scripts Holding had a net margin of 3.64% and a return on equity of 25.46%. The business’s revenue for the quarter was down 2.9% compared to the same quarter last year. During the same quarter last year, the firm posted $1.74 earnings per share. analysts forecast that Express Scripts Holding Company will post 7.01 EPS for the current fiscal 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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