Cs Mckee Lp Lowers stake in Express Scripts Holding Company (ESRX)

Express Scripts Holding Company (ESRX) : Cs Mckee Lp reduced its stake in Express Scripts Holding Company by 10.28% during the most recent quarter end. The investment management company now holds a total of 896,208 shares of Express Scripts Holding Company which is valued at $68,282,088 after selling 102,698 shares in Express Scripts Holding Company , the firm said in a disclosure report filed with the SEC on Aug 15, 2016.Express Scripts Holding Company makes up approximately 2.44% of Cs Mckee Lp’s portfolio.

Other Hedge Funds, Including , Parallax Volatility Advisers sold out all of its stake in ESRX during the most recent quarter. The investment firm sold 230,533 shares of ESRX which is valued $17,564,309.Johnson Financial Group boosted its stake in ESRX in the latest quarter, The investment management firm added 2,997 additional shares and now holds a total of 15,036 shares of Express Scripts Holding Company which is valued at $1,145,593. Express Scripts Holding Company makes up approx 0.15% of Johnson Financial Group’s portfolio.Employees Retirement System Of Texas boosted its stake in ESRX in the latest quarter, The investment management firm added 179,600 additional shares and now holds a total of 220,600 shares of Express Scripts Holding Company which is valued at $16,807,514. Express Scripts Holding Company makes up approx 0.22% of Employees Retirement System Of Texas’s portfolio.Weik Investment Services Inc reduced its stake in ESRX by selling 35 shares or 0.96% in the most recent quarter. The Hedge Fund company now holds 3,600 shares of ESRX which is valued at $274,284. Express Scripts Holding Company makes up approx 0.16% of Weik Investment Services Inc’s portfolio.Janney Montgomery Scott reduced its stake in ESRX by selling 4,340 shares or 2.95% in the most recent quarter. The Hedge Fund company now holds 142,747 shares of ESRX which is valued at $10,903,016. Express Scripts Holding Company makes up approx 0.16% of Janney Montgomery Scott’s portfolio.

Express Scripts Holding Company closed down -0.48 points or -0.66% at $72.22 with 35,64,046 shares getting traded on Thursday. Post opening the session at $72.98, the shares hit an intraday low of $71.8 and an intraday high of $72.99 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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