Victory Capital Management Inc. boosted its stake in shares of Express Scripts Holding (NASDAQ:ESRX) by 320.4% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 148,894 shares of the company’s stock after purchasing an additional 113,473 shares during the period. Victory Capital Management Inc.’s holdings in Express Scripts were worth $11,114,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in ESRX. Bank of Nova Scotia Trust Co. acquired a new stake in shares of Express Scripts during the 3rd quarter valued at about $120,000. Monroe Bank & Trust MI grew its position in shares of Express Scripts by 74.8% during the 3rd quarter. Monroe Bank & Trust MI now owns 2,266 shares of the company’s stock valued at $156,000 after acquiring an additional 970 shares during the period. Harvest Fund Management Co. Ltd acquired a new stake in shares of Express Scripts during the 4th quarter valued at about $183,000. Atlas Brown Inc. acquired a new stake in shares of Express Scripts during the 4th quarter valued at about $212,000. Finally, Ferguson Wellman Capital Management Inc. acquired a new stake in shares of Express Scripts during the 4th quarter valued at about $209,000. 87.46% of the stock is currently owned by institutional investors.

Express Scripts Holding (NASDAQ:ESRX) opened at $74.93 on Thursday. The firm has a market cap of $41,680.00, a PE ratio of 12.45, a P/E/G ratio of 0.78 and a beta of 0.93. Express Scripts Holding has a 12 month low of $55.80 and a 12 month high of $83.49. The company has a quick ratio of 0.61, a current ratio of 0.73 and a debt-to-equity ratio of 0.86.

Express Scripts declared that its board has authorized a share buyback program on Monday, December 18th that allows the company to repurchase 45,000,000 outstanding shares. This repurchase authorization allows the company to purchase shares of its stock through open market purchases. Shares repurchase programs are generally a sign that the company’s board of directors believes its stock is undervalued.

In other Express Scripts news, VP Glen D. Stettin sold 3,449 shares of the firm’s stock in a transaction that occurred on Thursday, January 11th. The shares were sold at an average price of $81.00, for a total value of $279,369.00. Following the transaction, the vice president now directly owns 33,715 shares of the company’s stock, valued at approximately $2,730,915. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Christine Houston sold 10,104 shares of the firm’s stock in a transaction that occurred on Friday, December 15th. The stock was sold at an average price of $70.08, for a total transaction of $708,088.32. Following the completion of the transaction, the vice president now directly owns 87,400 shares in the company, valued at $6,124,992. The disclosure for this sale can be found here. Insiders sold a total of 17,001 shares of company stock worth $1,249,505 over the last ninety days. 0.68% of the stock is currently owned by corporate insiders.

A number of research firms have recently commented on ESRX. Mizuho set a $86.00 target price on Express Scripts and gave the company a “hold” rating in a research report on Wednesday, January 24th. SunTrust Banks restated a “buy” rating and set a $95.00 target price on shares of Express Scripts in a research report on Friday, January 12th. Royal Bank of Canada upgraded Express Scripts from a “sector perform” rating to an “outperform” rating and set a $68.00 target price on the stock in a research report on Wednesday, January 31st. Sanford C. Bernstein cut Express Scripts from a “market perform” rating to an “underperform” rating and raised their target price for the company from $55.80 to $77.50 in a research report on Tuesday, January 30th. Finally, BidaskClub cut Express Scripts from a “strong-buy” rating to a “buy” rating in a research report on Friday, February 2nd. Five research analysts have rated the stock with a sell rating, eight have given a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $79.29.

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Express Scripts 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).

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

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