Mint Tower Capital Management B.V. Invests $1.89 Million in Express Scripts Holding Co (ESRX) Stock

Mint Tower Capital Management B.V. bought a new stake in Express Scripts Holding Co (NASDAQ:ESRX) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 19,853 shares of the company’s stock, valued at approximately $1,886,000.

A number of other hedge funds also recently bought and sold shares of the stock. Global Financial Private Capital LLC lifted its stake in Express Scripts by 28.5% in the 3rd quarter. Global Financial Private Capital LLC now owns 10,093 shares of the company’s stock valued at $959,000 after buying an additional 2,236 shares in the last quarter. Regal Investment Advisors LLC raised its holdings in Express Scripts by 19.6% in the 3rd quarter. Regal Investment Advisors LLC now owns 24,570 shares of the company’s stock valued at $2,334,000 after acquiring an additional 4,022 shares during the last quarter. Chicago Partners Investment Group LLC raised its holdings in Express Scripts by 25.1% in the 3rd quarter. Chicago Partners Investment Group LLC now owns 5,178 shares of the company’s stock valued at $491,000 after acquiring an additional 1,038 shares during the last quarter. IFG Advisory LLC acquired a new position in Express Scripts in the 3rd quarter valued at $213,000. Finally, Psagot Investment House Ltd. raised its holdings in Express Scripts by 4.2% in the 3rd quarter. Psagot Investment House Ltd. now owns 38,796 shares of the company’s stock valued at $3,686,000 after acquiring an additional 1,560 shares during the last quarter. 84.20% of the stock is currently owned by hedge funds and other institutional investors.

Several brokerages have weighed in on ESRX. Royal Bank of Canada set a $101.00 price target on Express Scripts and gave the company a “buy” rating in a report on Thursday, November 1st. ValuEngine upgraded Express Scripts from a “hold” rating to a “buy” rating in a report on Monday, September 17th. Robert W. Baird downgraded Express Scripts from an “outperform” rating to a “neutral” rating and set a $81.00 price target for the company. in a report on Friday, July 20th. BidaskClub upgraded Express Scripts from a “buy” rating to a “strong-buy” rating in a report on Friday, October 12th. Finally, William Blair upgraded Express Scripts from a “market perform” rating to an “outperform” rating in a report on Wednesday, August 1st. Two analysts have rated the stock with a sell rating, thirteen have assigned a hold rating, five have given a buy rating and one has given a strong buy rating to the company. Express Scripts presently has an average rating of “Hold” and an average price target of $89.07.

ESRX stock opened at $98.48 on Friday. The firm has a market cap of $56.09 billion, a PE ratio of 13.87, a PEG ratio of 1.25 and a beta of 0.89. The company has a debt-to-equity ratio of 0.63, a current ratio of 0.77 and a quick ratio of 0.65. Express Scripts Holding Co has a 52 week low of $59.17 and a 52 week high of $100.43.

Express Scripts (NASDAQ:ESRX) last released its quarterly earnings data on Wednesday, October 31st. The company reported $2.43 EPS for the quarter, topping analysts’ consensus estimates of $2.42 by $0.01. The business had revenue of $25.56 billion during the quarter, compared to the consensus estimate of $25.11 billion. Express Scripts had a return on equity of 25.43% and a net margin of 4.83%. The business’s revenue for the quarter was up 3.6% on a year-over-year basis. During the same period in the prior year, the firm posted $2.51 EPS. On average, analysts forecast that Express Scripts Holding Co will post 9.08 earnings per share for the current fiscal year.

In other news, Director Mahon Thomas P. Mac sold 5,234 shares of the company’s stock in a transaction on Wednesday, November 7th. The stock was sold at an average price of $99.50, for a total transaction of $520,783.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 0.79% of the company’s stock.

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Express Scripts Profile

Express Scripts Holding Company operates as a pharmacy benefit management (PBM) company in the United States and Canada. The company's PBM segment offers clinical solutions; and specialized pharmacy care, home delivery and specialty pharmacy, retail network pharmacy administration, benefit design consultation, drug utilization review, drug formulary management, public exchange, administration of group purchasing organization, and digital consumer health and drug information services.

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

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