ESRX has been the subject of a number of other reports. Jefferies Group set a $72.00 price target on Express Scripts and gave the company a buy rating in a research note on Tuesday, August 29th. Mizuho set a $67.00 price objective on Express Scripts and gave the stock a hold rating in a research note on Tuesday, October 24th. ValuEngine upgraded Express Scripts from a hold rating to a buy rating in a report on Monday, December 4th. Royal Bank of Canada began coverage on Express Scripts in a report on Tuesday, September 19th. They issued a sector perform rating and a $68.00 target price for the company. Finally, UBS lowered Express Scripts from a market perform rating to an underperform rating in a report on Monday, October 9th. Five equities research analysts have rated the stock with a sell rating, ten have given a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the stock. The stock has an average rating of Hold and an average price target of $74.40.
Shares of Express Scripts (NASDAQ ESRX) opened at $71.55 on Thursday. The company has a current ratio of 0.73, a quick ratio of 0.61 and a debt-to-equity ratio of 0.86. The firm has a market capitalization of $40,523.99, a P/E ratio of 10.46, a PEG ratio of 1.06 and a beta of 0.88. Express Scripts has a 1 year low of $55.80 and a 1 year high of $73.42.
In other news, VP Phyllis S. Anderson sold 643 shares of Express Scripts stock in a transaction that occurred on Wednesday, November 1st. The shares were sold at an average price of $62.37, for a total value of $40,103.91. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Timothy C. Wentworth bought 8,000 shares of the business’s stock in a transaction dated Tuesday, October 31st. The stock was purchased at an average price of $61.13 per share, with a total value of $489,040.00. Following the purchase, the chief executive officer now directly 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. 0.68% of the stock is currently owned by insiders.
A number of hedge funds have recently bought and sold shares of the stock. Parametric Portfolio Associates LLC raised its position in Express Scripts by 25.8% in the 3rd quarter. Parametric Portfolio Associates LLC now owns 1,551,526 shares of the company’s stock worth $98,243,000 after purchasing an additional 317,878 shares during the last quarter. Chicago Partners Investment Group LLC grew its holdings in Express Scripts by 374.2% during the 3rd quarter. Chicago Partners Investment Group LLC now owns 4,766 shares of the company’s stock worth $302,000 after acquiring an additional 3,761 shares during the period. Steward Partners Investment Advisory LLC acquired a new stake in Express Scripts during the 3rd quarter worth $467,000. Optimum Investment Advisors grew its holdings in Express Scripts by 64.7% during the 3rd quarter. Optimum Investment Advisors now owns 5,471 shares of the company’s stock worth $346,000 after acquiring an additional 2,150 shares during the period. Finally, Wealthsource Partners LLC acquired a new stake in Express Scripts during the 3rd quarter worth $224,000. Hedge funds and other institutional investors own 88.44% of the company’s stock.
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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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