Wilkins Investment Counsel Trimmed Express Scripts (ESRX) Holding By $1.13 Million; Cheesecake Factory (CAKE) Has 1.1 Sentiment

June 14, 2018 - By Sheldon Barnett

Express Scripts Holding Company (NASDAQ:ESRX) Logo

Cheesecake Factory Inc (CAKE) investors sentiment increased to 1.1 in Q1 2018. It’s up 0.21, from 0.89 in 2017Q4. The ratio has increased, as 114 active investment managers increased and opened new holdings, while 104 decreased and sold their equity positions in Cheesecake Factory Inc. The active investment managers in our database now own: 46.52 million shares, down from 47.98 million shares in 2017Q4. Also, the number of active investment managers holding Cheesecake Factory Inc in top ten holdings was flat from 2 to 2 for the same number . Sold All: 21 Reduced: 83 Increased: 84 New Position: 30.

Wilkins Investment Counsel Inc decreased Express Scripts (ESRX) stake by 68.06% reported in 2018Q1 SEC filing. Wilkins Investment Counsel Inc sold 16,411 shares as Express Scripts (ESRX)’s stock declined 0.72%. The Wilkins Investment Counsel Inc holds 7,700 shares with $532,000 value, down from 24,111 last quarter. Express Scripts now has $46.12B valuation. The stock increased 0.42% or $0.34 during the last trading session, reaching $82.11. About 955,639 shares traded. Express Scripts Holding Company (NASDAQ:ESRX) has risen 28.27% since June 14, 2017 and is uptrending. It has outperformed by 15.70% the S&P500. Some Historical ESRX News: ; 08/03/2018 – EXPRESS SCRIPTS – COMBINED CO’S BOARD WILL BE EXPANDED TO 13 DIRECTORS, INCLUDING FOUR INDEPENDENT MEMBERS OF EXPRESS SCRIPTS BOARD; 29/03/2018 – ESRX/CIGNA DEAL `HIGHLY PROBABLE,’ CREDIT SUISSE; 08/03/2018 – US health insurer Cigna to buy Express Scripts in $67bn deal; 01/05/2018 – Regeneron Pharma: Express Scripts to Pass on Savings to Eligible Patients From Participating Comml Health Plans; 19/03/2018 – Cigna CEO on Express Scripts deal: ‘This is a broadening of capabilities’; 12/03/2018 – EXPRESS SCRIPTS HOLDING CO ESRX.O : CREDIT SUISSE RAISES TARGET PRICE TO $90 FROM $85; 08/03/2018 – NCPA Statement on Cigna’s Bid to Acquire Express Scripts; 02/05/2018 – Express Scripts Expects Total Adjusted Claims for the 2Q of 2018 to Be in the Range of 335 M to 345 M; 16/05/2018 – CIGNA, EXPRESS SCRIPTS HELD TALKS WITH OTHER FIRMS BEFORE DEAL; 22/05/2018 – EXPRESS SCRIPTS ESRX.O WINS DISMISSAL OF SHAREHOLDER LAWSUIT OVER ITS TIES TO ANTHEM INC ANTM.N — COURT RULING

Analysts await Express Scripts Holding Company (NASDAQ:ESRX) to report earnings on July, 24. They expect $2.20 EPS, up 27.17% or $0.47 from last year’s $1.73 per share. ESRX’s profit will be $1.24B for 9.33 P/E if the $2.20 EPS becomes a reality. After $1.77 actual EPS reported by Express Scripts Holding Company for the previous quarter, Wall Street now forecasts 24.29% EPS growth.

Investors sentiment increased to 0.7 in Q1 2018. Its up 0.01, from 0.69 in 2017Q4. It increased, as 88 investors sold ESRX shares while 382 reduced holdings. 111 funds opened positions while 220 raised stakes. 462.03 million shares or 3.62% less from 479.40 million shares in 2017Q4 were reported. Macquarie Group Limited reported 1.2% in Express Scripts Holding Company (NASDAQ:ESRX). Raymond James Advisors holds 0.09% or 222,046 shares. Van Eck Associate has invested 0.18% in Express Scripts Holding Company (NASDAQ:ESRX). Pinnacle Associates stated it has 0.02% of its portfolio in Express Scripts Holding Company (NASDAQ:ESRX). Washington Bancorporation owns 2,517 shares. Oak Assocs Oh has invested 0.81% in Express Scripts Holding Company (NASDAQ:ESRX). Charter Trust Co holds 0.03% or 3,597 shares. Wellington Shields Cap Mngmt Ltd Limited Liability Company reported 44,600 shares or 0.47% of all its holdings. Boston Family Office Ltd Liability Co holds 0.05% or 6,907 shares. Covington Cap Management invested in 861 shares. The Kansas-based Creative Planning has invested 0.02% in Express Scripts Holding Company (NASDAQ:ESRX). Great Lakes Advisors Limited Liability holds 30,035 shares or 0.05% of its portfolio. Keybank National Association Oh has 0.03% invested in Express Scripts Holding Company (NASDAQ:ESRX). Heartland Advisors owns 133,032 shares. Strategic Advisors Ltd Liability reported 93,266 shares.

More important recent Express Scripts Holding Company (NASDAQ:ESRX) news were published by: Seekingalpha.com which released: “Headlines Don’t Determine Stock Prices – Cramer’s Mad Money (6/12/18)” on June 13, 2018, also Globenewswire.com published article titled: “Detailed Research: Economic Perspectives on Southern, AcelRx Pharmaceuticals, International Flavors & Fragrances …”, 247Wallst.com published: “Why The Huge AT&T Win May Bode Well For Other Takeover Targets” on June 13, 2018. More interesting news about Express Scripts Holding Company (NASDAQ:ESRX) was released by: Streetinsider.com and their article: “After-Hours Stock Movers 06/12: (ENPH) (FOXA) (TWX) Higher; (VTVT) (HRB) (OXM) Lower (more…)” with publication date: June 12, 2018.

Among 25 analysts covering Express Scripts (NASDAQ:ESRX), 8 have Buy rating, 3 Sell and 14 Hold. Therefore 32% are positive. Express Scripts had 69 analyst reports since July 30, 2015 according to SRatingsIntel. The stock of Express Scripts Holding Company (NASDAQ:ESRX) has “Underperform” rating given on Thursday, June 16 by Bernstein. The firm has “Market Perform” rating by Bernstein given on Monday, March 12. Bernstein downgraded Express Scripts Holding Company (NASDAQ:ESRX) on Thursday, February 1 to “Underperform” rating. The stock of Express Scripts Holding Company (NASDAQ:ESRX) has “Outperform” rating given on Tuesday, April 26 by Credit Suisse. Wells Fargo downgraded Express Scripts Holding Company (NASDAQ:ESRX) on Wednesday, March 15 to “Underperform” rating. The stock has “Market Perform” rating by Bernstein on Wednesday, December 6. The rating was maintained by Barclays Capital with “Overweight” on Thursday, February 18. The stock has “Market Perform” rating by Leerink Swann on Wednesday, March 23. The stock of Express Scripts Holding Company (NASDAQ:ESRX) has “Buy” rating given on Tuesday, August 29 by Jefferies. The firm has “Market Perform” rating by Leerink Swann given on Tuesday, January 19.

Since January 1, 0001, it had 2 insider purchases, and 8 selling transactions for $6.89 million activity.

More recent The Cheesecake Factory Incorporated (NASDAQ:CAKE) news were published by: 247Wallst.com which released: “Top Analyst Upgrades and Downgrades: Capital One, Hewlett Packard Enterprises, Kohl’s, Roku, Spotify, Steel …” on June 14, 2018. Also Bizjournals.com published the news titled: “California fines Cheesecake Factory $4.5M for wage violations” on June 12, 2018. Seekingalpha.com‘s news article titled: “Stocks To Watch: Focus On E3, IHopb And The World Cup” with publication date: June 09, 2018 was also an interesting one.

The Cheesecake Factory Incorporated operates restaurants primarily in the United States. The company has market cap of $2.42 billion. The firm also produces cheesecakes and other baked products for foodservice operators, retailers, and distributors. It has a 16.86 P/E ratio. As of March 2, 2017, it operated 208 casual dining restaurants, including 194 under The Cheesecake Factory mark, 13 under the Grand Lux Cafe mark, and 1 currently under the Rock Sugar Pan Asian Kitchen mark; and 15 The Cheesecake Factory branded restaurants in the Middle East, China, and Mexico under licensing agreements.

Intrepid Capital Management Inc holds 5.08% of its portfolio in The Cheesecake Factory Incorporated for 310,245 shares. Snow Capital Management Lp owns 1.18 million shares or 2.61% of their US portfolio. Moreover, Armistice Capital Llc has 2.58% invested in the company for 700,000 shares. The Illinois-based Crystal Rock Capital Management has invested 1.79% in the stock. Lucus Advisors Llc, a New York-based fund reported 20,000 shares.

Analysts await The Cheesecake Factory Incorporated (NASDAQ:CAKE) to report earnings on August, 1. They expect $0.81 earnings per share, up 3.85% or $0.03 from last year’s $0.78 per share. CAKE’s profit will be $35.59M for 17.02 P/E if the $0.81 EPS becomes a reality. After $0.56 actual earnings per share reported by The Cheesecake Factory Incorporated for the previous quarter, Wall Street now forecasts 44.64% EPS growth.

The stock increased 1.32% or $0.72 during the last trading session, reaching $55.14. About 415,264 shares traded. The Cheesecake Factory Incorporated (CAKE) has declined 13.29% since June 14, 2017 and is downtrending. It has underperformed by 25.86% the S&P500. Some Historical CAKE News: ; 20/03/2018 – David Gordon, President, The @Cheesecake Factory: People are always going to want to get together – restaurants are not going away. They are going to want to have social experiences; 05/03/2018 UK: WAITROSE RECALLS WAITROSE NEW YORK CHEESECAKE; 16/05/2018 – Two Cheesecake Factory Employees Are Out After Trump Hat Remarks; 26/03/2018 – Cheesecake Factory Closes Above 50-Day Moving Average; 25/04/2018 – CHEESECAKE FACTORY INC – NOW EXPECTS AS MANY AS FOUR RESTAURANTS TO OPEN INTERNATIONALLY UNDER LICENSING AGREEMENTS IN FISCAL 2018; 11/05/2018 – CHEESECAKE FACTORY INC – APPOINTMENT OF SCARLETT MAY AS EXECUTIVE VICE PRESIDENT, GENERAL COUNSEL AND SECRETARY OF COMPANY; 25/04/2018 – Cheesecake Factory 1Q Adj EPS 56c; 02/05/2018 – Contrarius Adds Philip Morris, Exits Cheesecake Factory: 13F; 11/05/2018 – Cheesecake Factory Names Scarlett May EVP and General Counsel; 06/03/2018 – Cheesecake Factory Five-Year Plan Targets 6%-7% Total Top-Line Growth

Express Scripts Holding Company (NASDAQ:ESRX) Institutional Positions Chart

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