Professional Advisory Services Inc buys $16,107,704 stake in Express Scripts Holding Company (ESRX)

Express Scripts Holding Company (ESRX) : Professional Advisory Services Inc scooped up 31,635 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 Apr 15, 2016. The investment management firm now holds a total of 226,933 shares of Express Scripts Holding Company which is valued at $16,107,704.Express Scripts Holding Company makes up approximately 3.76% of Professional Advisory Services Inc’s portfolio.

Express Scripts Holding Company opened for trading at $73.07 and hit $73.87 on the upside on Wednesday, eventually ending the session at $73.33, with a gain of 0.22% or 0.16 points. The heightened volatility saw the trading volume jump to 30,61,254 shares. Company has a market cap of $46,403 M.

Other Hedge Funds, Including , Boyd Watterson Asset Managementoh sold out all of its stake in ESRX during the most recent quarter. The investment firm sold 3,988 shares of ESRX which is valued $283,068.Neville Rodie Shaw Inc reduced its stake in ESRX by selling 34,212 shares or 31.08% in the most recent quarter. The Hedge Fund company now holds 75,868 shares of ESRX which is valued at $5,385,111. Express Scripts Holding Company makes up approx 0.65% of Neville Rodie Shaw Inc’s portfolio. Donald L. Hagan added ESRX to its portfolio by purchasing 1,169 company shares during the most recent quarter which is valued at $82,976. Express Scripts Holding Company makes up approx 0.08% of Donald L. Hagan’s portfolio.Manning Napier Advisors boosted its stake in ESRX in the latest quarter, The investment management firm added 217,844 additional shares and now holds a total of 3,655,680 shares of Express Scripts Holding Company which is valued at $259,480,166. Express Scripts Holding Company makes up approx 1.61% of Manning Napier Advisors’s portfolio.Bath Savings Trust Co reduced its stake in ESRX by selling 300 shares or 8.62% in the most recent quarter. The Hedge Fund company now holds 3,179 shares of ESRX which is valued at $225,645. Express Scripts Holding Company makes up approx 0.07% of Bath Savings Trust Co’s portfolio.

On the company’s financial health, Express Scripts Holding Company reported $1.56 EPS for the quarter, beating the analyst consensus estimate by $ 0.01 according to the earnings call on Feb 16, 2016. Analyst had a consensus of $1.55. The company had revenue of $26175.40 million for the quarter, compared to analysts expectations of $26583.33 million. The company’s revenue was down -.5 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.39 EPS.

Many Wall Street Analysts have commented on Express Scripts Holding Company. Express Scripts Holding Company was Initiated by Credit Suisse to “Outperform” on Mar 16, 2016. Mizuho Downgraded Express Scripts Holding Company on Mar 1, 2016 to ” Neutral”, Price Target of the shares are set at $77.Shares were Downgraded by Deutsche Bank on Feb 22, 2016 to ” Sell” and Lowered the Price Target to $ 61 from a previous price target of $93 .

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