Edgemoor Investment Advisors buys $16,708,990 stake in Express Scripts Holding Company (ESRX)

Express Scripts Holding Company (ESRX) : Edgemoor Investment Advisors scooped up 2,787 additional shares in Express Scripts Holding Company during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 3, 2016. The investment management firm now holds a total of 219,913 shares of Express Scripts Holding Company which is valued at $16,708,990.Express Scripts Holding Company makes up approximately 2.59% of Edgemoor Investment Advisors’s portfolio.

Other Hedge Funds, Including , Mogy Joel R Investment Counsel Inc reduced its stake in ESRX by selling 3,230 shares or 2.33% in the most recent quarter. The Hedge Fund company now holds 135,235 shares of ESRX which is valued at $10,275,155. Express Scripts Holding Company makes up approx 1.85% of Mogy Joel R Investment Counsel Inc’s portfolio. Spectrum Management Group sold out all of its stake in ESRX during the most recent quarter. The investment firm sold 100 shares of ESRX which is valued $7,607.Security National Trust Co reduced its stake in ESRX by selling 50 shares or 0.53% in the most recent quarter. The Hedge Fund company now holds 9,386 shares of ESRX which is valued at $740,180. Express Scripts Holding Company makes up approx 0.26% of Security National Trust Co’s portfolio.Chevy Chase Trust Holdings reduced its stake in ESRX by selling 23,197 shares or 4.05% in the most recent quarter. The Hedge Fund company now holds 549,756 shares of ESRX which is valued at $42,836,988. Express Scripts Holding Company makes up approx 0.24% of Chevy Chase Trust Holdings’s portfolio.

Express Scripts Holding Company closed down -0.47 points or -0.62% at $75.91 with 24,56,870 shares getting traded on Monday. Post opening the session at $76.38, the shares hit an intraday low of $75.735 and an intraday high of $76.81 and the price fluctuated in this range throughout the day.Shares ended Monday 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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