Paradigm Financial Advisors Lowers stake in Express Scripts Holding Company (ESRX)

Express Scripts Holding Company (ESRX) : Paradigm Financial Advisors reduced its stake in Express Scripts Holding Company by 0.15% during the most recent quarter end. The investment management company now holds a total of 6,753 shares of Express Scripts Holding Company which is valued at $521,399 after selling 10 shares in Express Scripts Holding Company , the firm said in a disclosure report filed with the SEC on Jul 26, 2016.Express Scripts Holding Company makes up approximately 0.31% of Paradigm Financial Advisors’s portfolio.

Other Hedge Funds, Including , Conning reduced its stake in ESRX by selling 440 shares or 1.85% in the most recent quarter. The Hedge Fund company now holds 23,371 shares of ESRX which is valued at $1,804,475. Express Scripts Holding Company makes up approx 0.07% of Conning’s portfolio.Checchi Capital Advisers boosted its stake in ESRX in the latest quarter, The investment management firm added 30 additional shares and now holds a total of 6,561 shares of Express Scripts Holding Company which is valued at $517,400. Express Scripts Holding Company makes up approx 0.13% of Checchi Capital Advisers’s portfolio.Grassi Investment Management reduced its stake in ESRX by selling 3,900 shares or 12.43% in the most recent quarter. The Hedge Fund company now holds 27,475 shares of ESRX which is valued at $2,159,535. Express Scripts Holding Company makes up approx 0.40% of Grassi Investment Management’s portfolio.Webster Bank N. A. boosted its stake in ESRX in the latest quarter, The investment management firm added 85 additional shares and now holds a total of 49,031 shares of Express Scripts Holding Company which is valued at $3,853,837. Express Scripts Holding Company makes up approx 0.55% of Webster Bank N. A.’s portfolio.

Express Scripts Holding Company closed down -1.02 points or -1.32% at $76.07 with 45,50,675 shares getting traded on Friday. Post opening the session at $76.84, the shares hit an intraday low of $75.93 and an intraday high of $77.15 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. 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. Express Scripts Holding Company was Resumed by BofA/Merrill to “Neutral” on Jun 7, 2016.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *