Brandes Investment Partners Lp buys $156.1 Million stake in Express Scripts Holding Company (ESRX)

Express Scripts Holding Company (ESRX) : Brandes Investment Partners Lp scooped up 126,586 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 May 12, 2016. The investment management firm now holds a total of 2,168,388 shares of Express Scripts Holding Company which is valued at $156.1 Million.Express Scripts Holding Company makes up approximately 2.29% of Brandes Investment Partners Lp’s portfolio.

Other Hedge Funds, Including , Ubs Asset Management Americas Inc boosted its stake in ESRX in the latest quarter, The investment management firm added 186,488 additional shares and now holds a total of 4,912,950 shares of Express Scripts Holding Company which is valued at $353.8 Million. Express Scripts Holding Company makes up approx 0.42% of Ubs Asset Management Americas Inc’s portfolio.Menta Capital reduced its stake in ESRX by selling 19,100 shares or 37.49% in the most recent quarter. The Hedge Fund company now holds 31,850 shares of ESRX which is valued at $2.3 Million. Express Scripts Holding Company makes up approx 0.32% of Menta Capital’s portfolio.Janney Montgomery Scott boosted its stake in ESRX in the latest quarter, The investment management firm added 4,340 additional shares and now holds a total of 147,087 shares of Express Scripts Holding Company which is valued at $10.6 Million. Express Scripts Holding Company makes up approx 0.28% of Janney Montgomery Scott’s portfolio.Capital Management Corp Va reduced its stake in ESRX by selling 4,015 shares or 10.21% in the most recent quarter. The Hedge Fund company now holds 35,308 shares of ESRX which is valued at $2.6 Million. Express Scripts Holding Company makes up approx 1.00% of Capital Management Corp Va’s portfolio.Schmidt P J Investment Management Inc boosted its stake in ESRX in the latest quarter, The investment management firm added 2,494 additional shares and now holds a total of 12,555 shares of Express Scripts Holding Company which is valued at $925,680. Express Scripts Holding Company makes up approx 0.36% of Schmidt P J Investment Management Inc’s portfolio.

Express Scripts Holding Company opened for trading at $72.27 and hit $73.415 on the upside on Friday, eventually ending the session at $72.87, with a gain of 0.72% or 0.52 points. The heightened volatility saw the trading volume jump to 53,12,193 shares. Company has a market cap of $46,093 M.

On the company’s financial health, Express Scripts Holding Company reported $1.22 EPS for the quarter, based on the information available during the earnings call on Apr 25, 2016. Analyst had a consensus estimate of $1.22. The company had revenue of $24792.00 million for the quarter, compared to analysts expectations of $25135.07 million. The company’s revenue was down -.4 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.10 EPS.

Many Wall Street Analysts have commented on Express Scripts Holding Company. Shares were Reiterated by FBR Capital on Apr 27, 2016 to “Mkt Perform” and Lowered the Price Target to $ 75 from a previous price target of $90 .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.

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