Express Scripts Holding Company (ESRX) : Meridian Management Co scooped up 135 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 11, 2016. The investment management firm now holds a total of 39,257 shares of Express Scripts Holding Company which is valued at $2,990,991.Express Scripts Holding Company makes up approximately 1.74% of Meridian Management Co’s portfolio.
Other Hedge Funds, Including , Timber Creek Capital Management boosted its stake in ESRX in the latest quarter, The investment management firm added 625 additional shares and now holds a total of 42,155 shares of Express Scripts Holding Company which is valued at $3,211,789. Express Scripts Holding Company makes up approx 2.54% of Timber Creek Capital Management’s portfolio.Mitsubishi Ufj Kokusai Asset Management Ltd. boosted its stake in ESRX in the latest quarter, The investment management firm added 1,323 additional shares and now holds a total of 111,619 shares of Express Scripts Holding Company which is valued at $8,480,812. Express Scripts Holding Company makes up approx 0.21% of Mitsubishi Ufj Kokusai Asset Management Ltd.’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.Sumitomo Life Insurance Co reduced its stake in ESRX by selling 1,000 shares or 3.4% in the most recent quarter. The Hedge Fund company now holds 28,437 shares of ESRX which is valued at $2,265,860. Express Scripts Holding Company makes up approx 0.30% of Sumitomo Life Insurance Co’s portfolio.
Express Scripts Holding Company opened for trading at $76.95 and hit $77.61 on the upside on Tuesday, eventually ending the session at $77.15, with a gain of 0.84% or 0.64 points. The heightened volatility saw the trading volume jump to 48,68,025 shares. Company has a market cap of $48,621 M.
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.