Kenmare Capital Partners L.l.c. adds Express Scripts Holding Company (ESRX) to its portfolio

Express Scripts Holding Company (ESRX) : Kenmare Capital Partners L.l.c. added new position in Express Scripts Holding Company during the most recent quarter end. The investment management firm now holds 20,600 shares of Express Scripts Holding Company which is valued at $1,569,514 , the company said in a statement filed on Aug 15, 2016 with the SEC.Express Scripts Holding Company makes up approximately 1.55% of Kenmare Capital Partners L.l.c.’s portfolio.

Other Hedge Funds, Including , Alyeska Investment Group reduced its stake in ESRX by selling 23,642 shares or 4.7% in the most recent quarter. The Hedge Fund company now holds 479,815 shares of ESRX which is valued at $36,557,105. Express Scripts Holding Company makes up approx 0.36% of Alyeska Investment Group’s portfolio. Riverhead Capital Management sold out all of its stake in ESRX during the most recent quarter. The investment firm sold 630,939 shares of ESRX which is valued $48,071,242.Meiji Yasuda Life Insurance Co reduced its stake in ESRX by selling 2,510 shares or 8.69% in the most recent quarter. The Hedge Fund company now holds 26,368 shares of ESRX which is valued at $2,008,978. Express Scripts Holding Company makes up approx 0.31% of Meiji Yasuda Life Insurance Co’s portfolio.Buckhead Capital Management reduced its stake in ESRX by selling 306 shares or 0.27% in the most recent quarter. The Hedge Fund company now holds 111,569 shares of ESRX which is valued at $8,469,203. Express Scripts Holding Company makes up approx 1.49% of Buckhead Capital Management’s portfolio.Gabelli Funds reduced its stake in ESRX by selling 5,000 shares or 5.62% in the most recent quarter. The Hedge Fund company now holds 84,000 shares of ESRX which is valued at $6,415,920. Express Scripts Holding Company makes up approx 0.04% of Gabelli Funds’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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