Teachers Advisors LLC Buys 6,126 Shares of Express, Inc. (EXPR)

Teachers Advisors LLC raised its holdings in Express, Inc. (NYSE:EXPR) by 4.3% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 148,730 shares of the company’s stock after buying an additional 6,126 shares during the quarter. Teachers Advisors LLC owned about 0.22% of Express worth $1,645,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Man Group plc purchased a new position in Express in the third quarter worth about $262,000. Kessler Investment Group LLC purchased a new position in Express in the third quarter worth about $179,000. MetLife Investment Advisors LLC boosted its position in Express by 50.2% in the second quarter. MetLife Investment Advisors LLC now owns 34,677 shares of the company’s stock worth $317,000 after purchasing an additional 11,583 shares during the last quarter. SG Americas Securities LLC boosted its position in Express by 71.9% in the third quarter. SG Americas Securities LLC now owns 20,533 shares of the company’s stock worth $227,000 after purchasing an additional 8,585 shares during the last quarter. Finally, Northern Trust Corp boosted its position in Express by 9.6% in the second quarter. Northern Trust Corp now owns 1,061,613 shares of the company’s stock worth $9,713,000 after purchasing an additional 93,395 shares during the last quarter.

In other news, major shareholder Contrarius Investment Manageme sold 240,425 shares of Express stock in a transaction that occurred on Thursday, December 20th. The stock was sold at an average price of $5.36, for a total value of $1,288,678.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 3.20% of the stock is currently owned by insiders.

NYSE EXPR opened at $5.34 on Thursday. The company has a market cap of $356.35 million, a price-to-earnings ratio of 14.83 and a beta of 1.14. Express, Inc. has a 1-year low of $4.83 and a 1-year high of $11.69.

Express (NYSE:EXPR) last released its quarterly earnings results on Thursday, November 29th. The company reported $0.11 earnings per share for the quarter, beating the consensus estimate of $0.10 by $0.01. The business had revenue of $515.00 million during the quarter, compared to analysts’ expectations of $505.46 million. Express had a return on equity of 5.94% and a net margin of 1.84%. The firm’s revenue for the quarter was up 2.3% compared to the same quarter last year. During the same quarter last year, the business posted $0.08 EPS. As a group, equities research analysts expect that Express, Inc. will post 0.3 earnings per share for the current fiscal year.

Several research analysts have recently commented on EXPR shares. ValuEngine downgraded Express from a “buy” rating to a “hold” rating in a research note on Friday, November 16th. B. Riley set a $7.00 price objective on Express and gave the stock a “hold” rating in a research note on Friday, November 30th. Zacks Investment Research downgraded Express from a “buy” rating to a “hold” rating in a research note on Tuesday, December 4th. MKM Partners set a $6.00 price objective on Express and gave the stock a “hold” rating in a research note on Thursday, December 6th. Finally, Wedbush decreased their target price on Express from $10.00 to $6.00 and set a “neutral” rating on the stock in a research note on Tuesday, January 8th. Two investment analysts have rated the stock with a sell rating and four have issued a hold rating to the company. The company currently has an average rating of “Hold” and an average target price of $7.00.

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Express Company Profile

Express, Inc operates as a specialty apparel and accessories retailer. It offers apparel and accessories for women and men between 20 and 30 years across various aspects of lifestyles, including work, casual, jeanswear, and going-out occasions. The company sells its products through its e-commerce Website, express.com; mobile app; and franchisees Express locations in Latin America.

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Institutional Ownership by Quarter for Express (NYSE:EXPR)

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