Cortland Associates Incmo buys $55,092,412 stake in Express Scripts Holding Company (ESRX)

Express Scripts Holding Company (ESRX) : Cortland Associates Incmo scooped up 137,915 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 3, 2016. The investment management firm now holds a total of 753,349 shares of Express Scripts Holding Company which is valued at $55,092,412.Express Scripts Holding Company makes up approximately 11.69% of Cortland Associates Incmo’s portfolio.

Other Hedge Funds, Including , Lakeview Capital Partners sold out all of its stake in ESRX during the most recent quarter. The investment firm sold 3,249 shares of ESRX which is valued $237,599.Rothschild Investment Corp Il boosted its stake in ESRX in the latest quarter, The investment management firm added 485 additional shares and now holds a total of 2,988 shares of Express Scripts Holding Company which is valued at $220,305. Express Scripts Holding Company makes up approx 0.03% of Rothschild Investment Corp Il’s portfolio.Louisiana State Employees Retirement System reduced its stake in ESRX by selling 2,700 shares or 5.7% in the most recent quarter. The Hedge Fund company now holds 44,700 shares of ESRX which is valued at $3,295,731. Express Scripts Holding Company makes up approx 0.17% of Louisiana State Employees Retirement System’s portfolio.Cornerstone Advisors boosted its stake in ESRX in the latest quarter, The investment management firm added 87 additional shares and now holds a total of 3,215 shares of Express Scripts Holding Company which is valued at $236,463. Express Scripts Holding Company makes up approx 0.25% of Cornerstone Advisors’s portfolio.

Express Scripts Holding Company opened for trading at $74.13 and hit $74.9 on the upside on Tuesday, eventually ending the session at $74.6, with a gain of 1.13% or 0.83 points. The heightened volatility saw the trading volume jump to 42,55,165 shares. Company has a market cap of $47,187 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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