Senzar Asset Management LLC Invests $30,749,000 in Express Scripts Holding Company (ESRX)

Senzar Asset Management LLC purchased a new position in shares of Express Scripts Holding Company (NASDAQ:ESRX) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 447,001 shares of the company’s stock, valued at approximately $30,749,000. Express Scripts Holding Company comprises approximately 8.2% of Senzar Asset Management LLC’s portfolio, making the stock its 6th largest position. Senzar Asset Management LLC owned approximately 0.07% of Express Scripts Holding Company at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in ESRX. Toronto Dominion Bank increased its position in shares of Express Scripts Holding Company by 24,343.7% in the third quarter. Toronto Dominion Bank now owns 3,279,364 shares of the company’s stock worth $229,589,000 after buying an additional 3,265,948 shares during the last quarter. The Manufacturers Life Insurance Company bought a new position in shares of Express Scripts Holding Company during the third quarter worth about $207,602,000. Brave Warrior Advisors LLC bought a new position in shares of Express Scripts Holding Company during the fourth quarter worth about $129,966,000. Nordea Investment Management AB increased its position in shares of Express Scripts Holding Company by 43.1% in the third quarter. Nordea Investment Management AB now owns 6,057,257 shares of the company’s stock worth $427,218,000 after buying an additional 1,825,066 shares during the last quarter. Finally, Russell Investments Group Ltd. bought a new position in shares of Express Scripts Holding Company during the fourth quarter worth about $115,117,000. 85.36% of the stock is owned by institutional investors.

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

Shares of Express Scripts Holding Company (NASDAQ:ESRX) opened at 64.11 on Friday. The stock has a market capitalization of $38.83 billion, a PE ratio of 11.89 and a beta of 0.92. Express Scripts Holding Company has a one year low of $63.22 and a one year high of $80.02. The firm has a 50-day moving average price of $68.16 and a 200 day moving average price of $70.51.

Express Scripts Holding Company (NASDAQ:ESRX) last posted its quarterly earnings results on Tuesday, February 14th. The company reported $1.88 EPS for the quarter, beating the consensus estimate of $1.87 by $0.01. The business earned $24.90 billion during the quarter, compared to analysts’ expectations of $26.31 billion. Express Scripts Holding Company had a return on equity of 24.99% and a net margin of 2.70%. The company’s quarterly revenue was down 5.0% compared to the same quarter last year. During the same period last year, the firm earned $1.56 EPS. On average, equities analysts expect that Express Scripts Holding Company will post $6.93 EPS for the current fiscal year.

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A number of research firms have recently commented on ESRX. Vetr upgraded Express Scripts Holding Company from a “buy” rating to a “strong-buy” rating and set a $79.36 price objective for the company in a research report on Monday, March 6th. Wells Fargo & Co cut Express Scripts Holding Company from a “market perform” rating to an “underperform” rating in a research report on Wednesday, March 15th. Credit Suisse Group AG restated a “buy” rating and issued a $85.00 price objective on shares of Express Scripts Holding Company in a research report on Thursday, February 16th. Sanford C. Bernstein restated an “underperform” rating and issued a $59.00 price objective on shares of Express Scripts Holding Company in a research report on Thursday, December 1st. Finally, Jefferies Group LLC restated a “buy” rating and issued a $88.00 price objective on shares of Express Scripts Holding Company in a research report on Friday, February 17th. Three analysts have rated the stock with a sell rating, eight have assigned a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company’s stock. Express Scripts Holding Company has an average rating of “Hold” and a consensus price target of $77.57.

In other news, SVP Everett Neville sold 2,352 shares of the firm’s stock in a transaction that occurred on Wednesday, March 1st. The stock was sold at an average price of $70.16, for a total value of $165,016.32. Following the completion of the sale, the senior vice president now directly owns 11,287 shares of the company’s stock, valued at approximately $791,895.92. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 0.54% of the stock is owned by company insiders.

About Express Scripts Holding Company

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

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