Express Scripts Holding Company (NASDAQ:ESRX) Moving Higher pre-market

Andrew Cummings
December 16, 2017

SunTrust Banks set a $82.00 price target on shares of Express Scripts and gave the stock a "buy" rating in a report on Thursday. The rating was initiated by Needham on Monday, November 21 with "Hold". First Western Capital Management Company who had been investing in Home Depot Inc for a number of months, seems to be bullish on the $213.21 billion market cap company. The stock increased 0.25% or $0.45 during the last trading session, reaching $182.58. The shares were sold at an average price of $62.37, for a total value of $40,103.91. Newpark Resources, Inc. (NYSE:NR) has risen 85.19% since December 16, 2016 and is uptrending. It has outperformed by 61.41% the S&P500.

First Quadrant L P, which manages about $16.82B and $5.00B US Long portfolio, upped its stake in Microsoft Corp (NASDAQ:MSFT) by 35,211 shares to 1.06M shares, valued at $73.09M in 2017Q2, according to the filing. The rating was maintained by Mizuho on Tuesday, October 24 with "Hold".

Among 22 analysts covering Express Scripts (NASDAQ:ESRX), 9 have Buy rating, 3 Sell and 10 Hold. Therefore 75% are positive.


Receive News & Ratings for Express Scripts Holding Company Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Express Scripts Holding Company and related companies with MarketBeat.com's FREE daily email newsletter. As per Thursday, January 26, the company rating was maintained by Stifel Nicolaus. The firm has "Market Perform" rating given on Wednesday, December 6 by Bernstein. Rhumbline Advisers stated it has 0.16% in Express Scripts Holding Company (NASDAQ:ESRX). The rating was maintained by Maxim Group with "Buy" on Wednesday, July 26. The stock now has a consensus rating of "Hold" and an average target price of $73.77. The stock of Express Scripts Holding Company (NASDAQ:ESRX) earned "Neutral" rating by UBS on Thursday, October 6.

Jefferies Group also issued estimates for Express Scripts' Q4 2017 earnings at $2.08 EPS, FY2017 earnings at $7.04 EPS, Q1 2018 earnings at $1.48 EPS, Q2 2018 earnings at $1.88 EPS, Q3 2018 earnings at $2.10 EPS, Q4 2018 earnings at $2.30 EPS and FY2018 earnings at $7.77 EPS. Its up 0.06, from 0.56 in 2017Q1. It is negative, as 113 investors sold ESRX shares while 436 reduced holdings.

Several institutional investors and hedge funds have recently added to or reduced their stakes in ESRX. 499.72 million shares or 1.80% less from 508.89 million shares in 2017Q1 were reported. Peapack Gladstone Fin invested in 15,201 shares. First Heartland Consultants Inc holds 0.35% or 21,397 shares in its portfolio. White Pine Capital Llc who had been investing in Entegris Inc (De) for a number of months, seems to be less bullish one the $4.42 billion market cap company. The Korea-based Korea Inv has invested 0.06% in Express Scripts Holding Company (NASDAQ:ESRX). Godshalk Welsh Mgmt Inc holds 0.26% of its portfolio in Express Scripts Holding Company (NASDAQ:ESRX) for 4,175 shares. Hamel Assoc accumulated 69,145 shares. Carroll Financial Associates Inc. increased its holdings in shares of Express Scripts by 1.0% in the second quarter. Leerink Swann maintained Express Scripts Holding Company (NASDAQ:ESRX) on Wednesday, March 23 with "Market Perform" rating.


Express Scripts Holding Company (ESRX) opened at $71.55 on Friday. Wesbanco Bank & Trust holds 0.01% or 5,041 shares in its portfolio. 8,070 were accumulated by Boston Family Office Lc. Commerzbank Aktiengesellschaft Fi stated it has 37,657 shares or 0.04% of all its holdings. Royal Bank of Canada set a $68.00 price objective on shares of Express Scripts and gave the stock a "hold" rating in a research report on Friday. During the same period in the previous year, the company posted $1.22 earnings per share. ESRX's profit will be $1.17 billion for 8.68 P/E if the $2.06 EPS becomes a reality. After $1.90 actual EPS reported by Express Scripts Holding Company for the previous quarter, Wall Street now forecasts 8.42% EPS growth. Finally, Zacks Investment Research downgraded Express Scripts from a "buy" rating to a "sell" rating in a research report on Tuesday, October 24th. Therefore 19% are positive. Newpark Resources had 12 analyst reports since September 4, 2015 according to SRatingsIntel. The stock has "Underweight" rating by Morgan Stanley on Thursday, August 10. The firm has "Buy" rating by Cowen & Co given on Thursday, June 8. Morgan Stanley downgraded Express Scripts Holding Company (NASDAQ:ESRX) rating on Monday, June 20. On Tuesday, November 28 the stock rating was upgraded by Atlantic Securities to "Overweight". The firm has "Buy" rating by Argus Research given on Tuesday, September 15. The stock of Entegris, Inc. On Friday, December 15 the stock rating was maintained by Raymond James with "Sell".

Investors sentiment increased to 0.62 in Q2 2017. Its down 0.15, from 1.29 in 2017Q1. Commerce Natl Bank invested in 94,377 shares. 120 funds opened positions while 517 raised stakes. Laurion Mgmt LP reported 49,600 shares or 0.02% of all its holdings. Motco invested 0.01% of its portfolio in Ares Capital Corporation (NASDAQ:ARCC). (NYSE:HD) for 42,591 shares. The Minnesota-based Gradient Investments Llc has invested 0.36% in the stock. (NYSE:NR). 208,907 were reported by Comml Bank Of Montreal Can. Meiji Yasuda Life Insur stated it has 19,318 shares. Finally, Financial Management Professionals Inc. increased its stake in shares of Express Scripts by 140.1% in the second quarter. The Virginia-based Virginia Retirement Et Al has invested 0% in Newpark Resources, Inc. (NYSE:NR). Millennium Limited Liability Corp stated it has 0.01% in Newpark Resources, Inc. CKW Financial Group grew its position in shares of Express Scripts by 20.0% during the 2nd quarter. Liberum Capital maintained it with "Hold" rating and GBX 680 target in Monday, February 1 report. Planning Advsr Ltd Liability, a California-based fund reported 26,654 shares.

Gratia Capital Llc, which manages about $521.00M and $341.72 million US Long portfolio, decreased its stake in Altisource Residential Corp (NYSE:RESI) by 139,521 shares to 461,836 shares, valued at $5.98M in 2017Q2, according to the filing. Brands Inc (NYSE:YUM) by 6,648 shares in the quarter, leaving it with 1,152 shares, and cut its stake in Aetna Inc.


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