M&R Capital Management Inc. Increases Position in Express Scripts Holding Company (ESRX)

M&R Capital Management Inc. increased its stake in shares of Express Scripts Holding Company (NASDAQ:ESRX) by 6.8% during the fourth quarter, Holdings Channel reports. The fund owned 22,606 shares of the company’s stock after buying an additional 1,438 shares during the period. M&R Capital Management Inc.’s holdings in Express Scripts Holding Company were worth $1,555,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of ESRX. Oakworth Capital Inc. increased its position in shares of Express Scripts Holding Company 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 during the last quarter. Integrated Wealth Management increased its position in shares of Express Scripts Holding Company by 4.2% in the second quarter. Integrated Wealth Management now owns 1,845 shares of the company’s stock valued at $140,000 after buying an additional 74 shares during the last quarter. SRB Corp increased its position in Express Scripts Holding Company by 6.4% in the third quarter. SRB Corp now owns 2,038 shares of the company’s stock valued at $144,000 after buying an additional 123 shares during the last quarter. Tarbox Group Inc. increased its position in Express Scripts Holding Company by 5.3% in the second quarter. Tarbox Group Inc. now owns 1,944 shares of the company’s stock valued at $147,000 after buying an additional 98 shares during the last quarter. Finally, Alpha Windward LLC increased its position in Express Scripts Holding Company by 7.9% in the third quarter. Alpha Windward LLC now owns 2,146 shares of the company’s stock valued at $151,000 after buying an additional 158 shares during the last quarter. 85.97% of the stock is owned by institutional investors and hedge funds.

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

Express Scripts Holding Company (NASDAQ:ESRX) opened at 68.41 on Friday. Express Scripts Holding Company has a 52-week low of $64.46 and a 52-week high of $80.02. The company’s 50 day moving average is $69.86 and its 200-day moving average is $72.02. The company has a market capitalization of $42.18 billion, a price-to-earnings ratio of 15.38 and a beta of 0.92.

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Several research firms have recently issued reports on ESRX. Oppenheimer Holdings, Inc. reaffirmed a “hold” rating on shares of Express Scripts Holding Company in a research note on Wednesday, December 14th. Mizuho reaffirmed a “neutral” rating and set a $76.00 price target on shares of Express Scripts Holding Company in a research note on Friday, December 16th. TheStreet downgraded shares of Express Scripts Holding Company from a “b-” rating to a “c+” rating in a research note on Monday, February 6th. Zacks Investment Research downgraded shares of Express Scripts Holding Company from a “buy” rating to a “hold” rating in a research note on Thursday, December 15th. Finally, Barclays PLC reaffirmed an “overweight” rating on shares of Express Scripts Holding Company in a research note on Friday, December 16th. Two research analysts have rated the stock with a sell rating, eleven have issued a hold rating and seven have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $78.31.

In other Express Scripts Holding Company news, VP Everett Neville sold 1,123 shares of the stock in a transaction that occurred on Tuesday, January 3rd. The shares were sold at an average price of $69.41, for a total transaction of $77,947.43. Following the completion of the sale, the vice president now directly owns 12,712 shares of the company’s stock, valued at approximately $882,339.92. The sale was disclosed in a legal filing with the SEC, which is available at this link. Company insiders own 0.54% of the company’s stock.

Express Scripts Holding Company Company Profile

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).

5 Day Chart for NASDAQ:ESRX

Want to see what other hedge funds are holding ESRX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Express Scripts Holding Company (NASDAQ:ESRX).

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