Hutchinson Capital Managementca Exits Position in Express Scripts Holding Company (ESRX)

Express Scripts Holding Company (ESRX) : Hutchinson Capital Managementca has sold out all of its stake in Express Scripts Holding Company during the most recent quarter, according to the disclosure filed by the company on Aug 1, 2016 with the SEC. The investment management company has sold out 12,999 shares of Express Scripts Holding Company which is valued at $987,664.

Other Hedge Funds, Including , Veritas Asset Management Llp boosted its stake in ESRX in the latest quarter, The investment management firm added 819,618 additional shares and now holds a total of 5,689,355 shares of Express Scripts Holding Company which is valued at $432,277,193. Express Scripts Holding Company makes up approx 4.50% of Veritas Asset Management Llp’s portfolio.First National Trust Co boosted its stake in ESRX in the latest quarter, The investment management firm added 636 additional shares and now holds a total of 4,703 shares of Express Scripts Holding Company which is valued at $363,119. Express Scripts Holding Company makes up approx 0.05% of First National Trust Co’s portfolio.Dowling Yahnke boosted its stake in ESRX in the latest quarter, The investment management firm added 4,441 additional shares and now holds a total of 33,507 shares of Express Scripts Holding Company which is valued at $2,642,362. Express Scripts Holding Company makes up approx 0.31% of Dowling Yahnke’s portfolio.Triangle Securities Wealth Management reduced its stake in ESRX by selling 630 shares or 5.37% in the most recent quarter. The Hedge Fund company now holds 11,111 shares of ESRX which is valued at $865,769. Express Scripts Holding Company makes up approx 0.64% of Triangle Securities Wealth Management’s portfolio.

Express Scripts Holding Company closed down -0.09 points or -0.12% at $75.89 with 26,16,791 shares getting traded on Thursday. Post opening the session at $76.13, the shares hit an intraday low of $75.64 and an intraday high of $76.37 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.

On the company’s financial health, Express Scripts Holding Company reported $1.57 EPS for the quarter, based on the information available during the earnings call on Jul 25, 2016. Analyst had a consensus estimate of $1.57. The company had revenue of $25222.00 million for the quarter, compared to analysts expectations of $25392.31 million. The company’s revenue was down -.9 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.44 EPS.

Many Wall Street Analysts have commented on Express Scripts Holding Company. Company shares were Reiterated by Mizuho on Aug 2, 2016 to “Neutral”, Firm has raised the Price Target to $ 82 from a previous price target of $77 .Express Scripts Holding Company was Downgraded by Morgan Stanley to ” Underweight” on Jun 20, 2016. Express Scripts Holding Company was Initiated by Bernstein to “Underperform” on Jun 16, 2016.

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