Fiduciary Group Lowers stake in Express Scripts Holding Company (ESRX)

Express Scripts Holding Company (ESRX) : Fiduciary Group reduced its stake in Express Scripts Holding Company by 2.53% during the most recent quarter end. The investment management company now holds a total of 60,910 shares of Express Scripts Holding Company which is valued at $4,640,733 after selling 1,580 shares in Express Scripts Holding Company , the firm said in a disclosure report filed with the SEC on Aug 10, 2016.Express Scripts Holding Company makes up approximately 1.25% of Fiduciary Group’s portfolio.

Other Hedge Funds, Including , Dynamic Technology Lab Private Ltd sold out all of its stake in ESRX during the most recent quarter. The investment firm sold 5,811 shares of ESRX which is valued $442,740.Investment Centers Of America Inc reduced its stake in ESRX by selling 2,601 shares or 24.25% in the most recent quarter. The Hedge Fund company now holds 8,125 shares of ESRX which is valued at $616,769. Express Scripts Holding Company makes up approx 0.04% of Investment Centers Of America Inc’s portfolio.Smith Asset Management Group Lp reduced its stake in ESRX by selling 1,000 shares or 0.32% in the most recent quarter. The Hedge Fund company now holds 311,360 shares of ESRX which is valued at $24,040,106. Express Scripts Holding Company makes up approx 0.70% of Smith Asset Management Group Lp’s portfolio.Ibm Retirement Fund boosted its stake in ESRX in the latest quarter, The investment management firm added 291 additional shares and now holds a total of 83,543 shares of Express Scripts Holding Company which is valued at $6,588,201. Express Scripts Holding Company makes up approx 0.24% of Ibm Retirement Fund’s portfolio.

Express Scripts Holding Company closed down -0.24 points or -0.31% at $76.38 with 25,25,759 shares getting traded on Friday. Post opening the session at $76.33, the shares hit an intraday low of $75.25 and an intraday high of $76.55 and the price fluctuated in this range throughout the day.Shares ended Friday 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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