Express Scripts Holding Company (ESRX) : Alambic Investment Management reduced its stake in Express Scripts Holding Company by 10.39% during the most recent quarter end. The investment management company now holds a total of 48,120 shares of Express Scripts Holding Company which is valued at $3,665,300 after selling 5,580 shares in Express Scripts Holding Company , the firm said in a disclosure report filed with the SEC on Aug 8, 2016.Express Scripts Holding Company makes up approximately 0.82% of Alambic Investment Management’s portfolio.
Other Hedge Funds, Including , Bailard added ESRX to its portfolio by purchasing 35,556 company shares during the most recent quarter which is valued at $2,708,301. Express Scripts Holding Company makes up approx 0.31% of Bailard’s portfolio. Hallmark Capital Management Inc added ESRX to its portfolio by purchasing 392 company shares during the most recent quarter which is valued at $29,941. Plancorp sold out all of its stake in ESRX during the most recent quarter. The investment firm sold 7,000 shares of ESRX which is valued $534,660.Alpine Investment Management boosted its stake in ESRX in the latest quarter, The investment management firm added 153,069 additional shares and now holds a total of 1,478,279 shares of Express Scripts Holding Company which is valued at $112,452,684. Express Scripts Holding Company makes up approx 8.34% of Alpine Investment Management’s portfolio.Mitchell Capital Management Co reduced its stake in ESRX by selling 5,879 shares or 6.76% in the most recent quarter. The Hedge Fund company now holds 81,043 shares of ESRX which is valued at $6,164,941. Express Scripts Holding Company makes up approx 2.38% of Mitchell Capital Management Co’s portfolio.
Express Scripts Holding Company opened for trading at $76.47 and hit $77.34 on the upside on Monday, eventually ending the session at $77.13, with a gain of 1.23% or 0.94 points. The heightened volatility saw the trading volume jump to 26,87,579 shares. Company has a market cap of $48,609 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.