Express Scripts Holding Company (ESRX) Shares Sold by New Mexico Educational Retirement Board

New Mexico Educational Retirement Board lessened its holdings in shares of Express Scripts Holding Company (NASDAQ:ESRX) by 2.7% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 53,640 shares of the company’s stock after selling 1,500 shares during the quarter. New Mexico Educational Retirement Board’s holdings in Express Scripts were worth $3,396,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in ESRX. Burt Wealth Advisors grew its stake in shares of Express Scripts by 11.4% in the 2nd quarter. Burt Wealth Advisors now owns 1,696 shares of the company’s stock valued at $108,000 after buying an additional 174 shares in the last quarter. CKW Financial Group grew its stake in shares of Express Scripts by 20.0% in the 2nd quarter. CKW Financial Group now owns 1,800 shares of the company’s stock valued at $115,000 after buying an additional 300 shares in the last quarter. Bank of Nova Scotia Trust Co. bought a new stake in shares of Express Scripts in the 3rd quarter valued at approximately $120,000. First Personal Financial Services grew its stake in shares of Express Scripts by 199.1% in the 2nd quarter. First Personal Financial Services now owns 2,103 shares of the company’s stock valued at $134,000 after buying an additional 1,400 shares in the last quarter. Finally, Monroe Bank & Trust MI grew its stake in shares of Express Scripts by 74.8% in the 3rd quarter. Monroe Bank & Trust MI now owns 2,266 shares of the company’s stock valued at $156,000 after buying an additional 970 shares in the last quarter. 88.44% of the stock is currently owned by institutional investors.

In other Express Scripts news, CEO Timothy C. Wentworth purchased 8,000 shares of the business’s stock in a transaction dated Tuesday, October 31st. The stock was bought at an average cost of $61.13 per share, for a total transaction of $489,040.00. Following the completion of the acquisition, the chief executive officer now directly owns 98,628 shares in the company, valued at $6,029,129.64. The purchase was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, VP Phyllis S. Anderson sold 643 shares of the company’s stock in a transaction that occurred on Wednesday, November 1st. The stock was sold at an average price of $62.37, for a total value of $40,103.91. The disclosure for this sale can be found here. 0.68% of the stock is owned by insiders.

Several equities research analysts recently commented on the company. BidaskClub raised Express Scripts from a “hold” rating to a “buy” rating in a research note on Thursday. Maxim Group boosted their price target on Express Scripts from $78.00 to $87.00 and gave the company a “buy” rating in a research note on Thursday. ValuEngine raised Express Scripts from a “hold” rating to a “buy” rating in a research note on Monday, December 4th. TheStreet raised Express Scripts from a “c+” rating to a “b-” rating in a research note on Monday, December 4th. Finally, Sanford C. Bernstein raised Express Scripts from an “underperform” rating to a “market perform” rating in a research note on Wednesday, December 6th. Five research analysts have rated the stock with a sell rating, eleven have assigned a hold rating, nine have given a buy rating and one has given a strong buy rating to the company’s stock. Express Scripts presently has a consensus rating of “Hold” and an average target price of $71.76.

Shares of Express Scripts Holding Company (ESRX) opened at $69.02 on Friday. The stock has a market capitalization of $38,836.20, a P/E ratio of 10.02, a price-to-earnings-growth ratio of 1.01 and a beta of 0.88. 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 12-month low of $55.80 and a 12-month high of $73.42.

Express Scripts (NASDAQ:ESRX) last announced its earnings results on Tuesday, October 24th. The company reported $1.90 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $1.90. Express Scripts had a return on equity of 25.46% and a net margin of 3.64%. The firm had revenue of $24.68 billion during the quarter, compared to analysts’ expectations of $25.68 billion. During the same quarter in the prior year, the business earned $1.74 earnings per share. The company’s revenue was down 2.9% on a year-over-year basis. equities analysts forecast that Express Scripts Holding Company will post 7.01 EPS for the current fiscal year.

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About Express Scripts

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 (NASDAQ:ESRX)

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