21,178,220 Shares in Express Scripts Holding Company (ESRX) Acquired by Dodge & Cox

Dodge & Cox acquired a new position in shares of Express Scripts Holding Company (NASDAQ:ESRX) during the fourth quarter, according to its most recent disclosure with the SEC. The firm acquired 21,178,220 shares of the company’s stock, valued at approximately $1,456,850,000. Dodge & Cox owned 3.5% of Express Scripts Holding Company as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Capital Analysts LLC raised its position in shares of Express Scripts Holding Company by 15.2% in the fourth quarter. Capital Analysts LLC now owns 1,777 shares of the company’s stock worth $122,000 after buying an additional 235 shares in the last quarter. Independent Advisor Alliance purchased a new position in shares of Express Scripts Holding Company during the fourth quarter worth approximately $124,000. Oakworth Capital Inc. raised 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 worth $127,000 after buying an additional 10 shares in the last quarter. SRB Corp raised its position in shares of Express Scripts Holding Company by 6.4% in the third quarter. SRB Corp now owns 2,038 shares of the company’s stock worth $144,000 after buying an additional 123 shares in the last quarter. Finally, Archford Capital Strategies LLC raised its position in shares of Express Scripts Holding Company by 129.2% in the fourth quarter. Archford Capital Strategies LLC now owns 2,157 shares of the company’s stock worth $148,000 after buying an additional 1,216 shares in the last quarter. 85.36% of the stock is currently owned by hedge funds and other 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. Express Scripts Holding Company has a 12-month low of $63.22 and a 12-month high of $80.02. The stock’s 50 day moving average price is $68.16 and its 200 day moving average price is $70.51. The firm has a market capitalization of $38.83 billion, a price-to-earnings ratio of 11.89 and a beta of 0.92.

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

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A number of research analysts have commented on the company. Leerink Swann reaffirmed a “market perform” rating on shares of Express Scripts Holding Company in a report on Friday, December 16th. Zacks Investment Research lowered Express Scripts Holding Company from a “buy” rating to a “hold” rating in a report on Thursday, December 15th. Vetr raised Express Scripts Holding Company from a “buy” rating to a “strong-buy” rating and set a $79.36 price objective on the stock in a report on Monday, March 6th. Oppenheimer Holdings Inc. reaffirmed a “hold” rating on shares of Express Scripts Holding Company in a report on Tuesday, February 14th. Finally, Mizuho reaffirmed a “neutral” rating and issued a $76.00 price objective on shares of Express Scripts Holding Company in a report on Friday, December 16th. Three investment analysts have rated the stock with a sell rating, eight have assigned a hold rating, five have issued a buy rating and one has given a strong buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $77.57.

In other news, VP Everett Neville sold 1,123 shares of the company’s stock in a transaction dated Tuesday, January 3rd. The stock was sold at an average price of $69.41, for a total value of $77,947.43. Following the completion of the transaction, the vice president now directly owns 12,712 shares in the company, valued at approximately $882,339.92. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.54% of the stock is currently owned by corporate 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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