Latest Stocks: UBS Asset Management Americas Inc. Has $237,000 Position in Express, Inc. (EXPR)

Latest Stocks: UBS Asset Management Americas Inc. Has $237,000 Position in Express, Inc. (EXPR)

UBS Asset Management Americas Inc. reduced its position in shares of Express, Inc. (NYSE:EXPR) by 58.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 21,993 shares of the company’s stock after selling 30,554 shares during the period. UBS Asset Management Americas Inc.’s holdings in Express were worth $237,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of EXPR. BlackRock Investment Management LLC increased its stake in shares of Express by 1.9% in the third quarter. BlackRock Investment Management LLC now owns 342,865 shares of the company’s stock valued at $4,042,000 after buying an additional 6,393 shares during the last quarter. BlackRock Inc. increased its stake in shares of Express by 19.9% in the third quarter. BlackRock Inc. now owns 24,547 shares of the company’s stock valued at $289,000 after buying an additional 4,067 shares during the last quarter. Rhumbline Advisers increased its stake in shares of Express by 8.5% in the third quarter. Rhumbline Advisers now owns 115,293 shares of the company’s stock valued at $1,359,000 after buying an additional 9,021 shares during the last quarter. BlackRock Group LTD boosted its position in Express by 7.7% in the third quarter. BlackRock Group LTD now owns 158,473 shares of the company’s stock worth $1,869,000 after buying an additional 11,308 shares during the period. Finally, Los Angeles Capital Management & Equity Research Inc. purchased a new position in Express during the third quarter worth about $174,000. 96.11% of the stock is currently owned by institutional investors.

Shares of Express, Inc. (NYSE:EXPR) opened at 6.53 on Tuesday. The firm’s 50 day moving average is $8.17 and its 200-day moving average is $10.01. Express, Inc. has a 1-year low of $5.96 and a 1-year high of $16.38. The company has a market cap of $512.04 million, a PE ratio of 8.95 and a beta of 1.57.

A number of research firms have issued reports on EXPR. MKM Partners reiterated a “neutral” rating and set a $7.00 target price (down previously from $10.00) on shares of Express in a report on Friday. Wolfe Research raised their price objective on Express from $6.00 to $10.00 and gave the company a “peer perform” rating in a report on Friday. BMO Capital Markets restated a “hold” rating and issued a $7.00 price objective on shares of Express in a report on Friday. FBR & Co reiterated a “hold” rating and issued a $9.00 target price on shares of Express in a research note on Wednesday, March 15th. Finally, Wedbush reiterated a “neutral” rating and issued a $9.00 target price (down from $11.00) on shares of Express in a research note on Saturday, March 11th. One equities research analyst has rated the stock with a sell rating, eleven have assigned a hold rating and two have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of $11.10. Express Company Profile

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