Today Express Scripts Holding Company Had High Bullish Options Activity

 Today Express Scripts Holding Company Had High Bullish Options Activity

In today’s session Express Scripts Holding Company (ESRX) registered an unusually high (3,144) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the November, 2016 call, expecting serious ESRX increase. With 3,144 contracts traded and 38904 open interest for the Nov, 16 contract, it seems this is a quite bullish bet. The option with symbol: ESRX161118C00072500 closed last at: $1.56 or 21.9% up. The stock decreased 0.07% or $0.05 during the last trading session, hitting $69.91. About 2.13 million shares traded hands. Express Scripts Holding Company (NASDAQ:ESRX) has declined 1.80% since March 2, 2016 and is downtrending. It has underperformed by 11.04% the S&P500.

Analysts await Express Scripts Holding Company (NASDAQ:ESRX) to report earnings on October, 25. They expect $1.74 EPS, up 20.00% or $0.29 from last year’s $1.45 per share. ESRX’s profit will be $1.10B for 10.04 P/E if the $1.74 EPS becomes a reality. After $1.57 actual EPS reported by Express Scripts Holding Company for the previous quarter, Wall Street now forecasts 10.83% EPS growth.

Express Scripts Holding Company (NASDAQ:ESRX) Ratings Coverage

Out of 14 analysts covering Express Scripts (NASDAQ:ESRX), 6 rate it a “Buy”, 3 “Sell”, while 5 “Hold”. This means 43% are positive. Express Scripts has been the topic of 21 analyst reports since July 30, 2015 according to StockzIntelligence Inc. The stock of Express Scripts Holding Company (NASDAQ:ESRX) has “Sell” rating given on Monday, February 22 by Deutsche Bank. As per Tuesday, January 19, the company rating was downgraded by Leerink Swann. The stock of Express Scripts Holding Company (NASDAQ:ESRX) earned “Overweight” rating by Barclays Capital on Thursday, February 18. As per Monday, April 4, the company rating was upgraded by Cowen & Co. The stock of Express Scripts Holding Company (NASDAQ:ESRX) has “Outperform” rating given on Thursday, July 30 by RBC Capital Markets. The firm earned “Overweight” rating on Wednesday, July 27 by Barclays Capital. The company was maintained on Wednesday, March 23 by Leerink Swann. The firm has “Underperform” rating given on Thursday, June 16 by Bernstein. The company was maintained on Tuesday, April 26 by Credit Suisse. The company was downgraded on Thursday, January 21 by Morgan Stanley.

Insitutional Activity: The institutional sentiment decreased to 0.65 in 2016 Q2. Its down 0.15, from 0.8 in 2016Q1. The ratio worsened, as 76 funds sold all Express Scripts Holding Company shares owned while 514 reduced positions. 78 funds bought stakes while 304 increased positions. They now own 549.00 million shares or 2.86% less from 565.15 million shares in 2016Q1.
High Point State Bank And, a North Carolina-based fund reported 350 shares. Private Advisor Gru last reported 31,166 shares in the company. Fragasso Inc owns 17,725 shares or 0.5% of their US portfolio. Dreman Value Management L L C has 1.27% invested in the company for 27,122 shares. Geneva Ltd Liability holds 0.06% of its portfolio in Express Scripts Holding Company (NASDAQ:ESRX) for 40,969 shares. Fiduciary last reported 298,881 shares in the company. Bluecrest Cap Mgmt Ltd holds 0.07% or 21,149 shares in its portfolio. Ipswich Com last reported 6,018 shares in the company. Invesco Ltd last reported 0.36% of its portfolio in the stock. Thomas White International Ltd holds 0.08% of its portfolio in Express Scripts Holding Company (NASDAQ:ESRX) for 7,314 shares. Alpha Windward Ltd Liability Co reported 1,988 shares or 0.11% of all its holdings. Eqis Capital Mgmt accumulated 0.08% or 16,162 shares. Burt Wealth Advsrs holds 0.14% of its portfolio in Express Scripts Holding Company (NASDAQ:ESRX) for 1,635 shares. Df Dent Company Inc holds 17,962 shares or 0.04% of its portfolio. Whittier Trust has invested 0.04% of its portfolio in Express Scripts Holding Company (NASDAQ:ESRX).

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