Fpr Partners buys $392.9 Million stake in Express Scripts Holding Company (ESRX)

Express Scripts Holding Company (ESRX) : Fpr Partners scooped up 110,974 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 13, 2016. The investment management firm now holds a total of 5,455,837 shares of Express Scripts Holding Company which is valued at $392.9 Million.Express Scripts Holding Company makes up approximately 9.73% of Fpr Partners’s portfolio.

Other Hedge Funds, Including , Private Advisor Group reduced its stake in ESRX by selling 6,305 shares or 17.97% in the most recent quarter. The Hedge Fund company now holds 28,775 shares of ESRX which is valued at $2.1 Million. Express Scripts Holding Company makes up approx 0.10% of Private Advisor Group’s portfolio. Rpg Family Wealth Advisory added ESRX to its portfolio by purchasing 736 company shares during the most recent quarter which is valued at $52,999. Express Scripts Holding Company makes up approx 0.04% of Rpg Family Wealth Advisory’s portfolio.Pioneer Investment Management Inc reduced its stake in ESRX by selling 1,951,048 shares or 99.84% in the most recent quarter. The Hedge Fund company now holds 3,190 shares of ESRX which is valued at $229,712.Bank Of The West reduced its stake in ESRX by selling 301 shares or 0.75% in the most recent quarter. The Hedge Fund company now holds 39,830 shares of ESRX which is valued at $2.9 Million. Express Scripts Holding Company makes up approx 0.41% of Bank Of The West’s portfolio. Macguire Cheswick Tuttle Investment Counsel sold out all of its stake in ESRX during the most recent quarter. The investment firm sold 2,715 shares of ESRX which is valued $198,548.

Express Scripts Holding Company opened for trading at $74.42 and hit $75.51 on the upside on Wednesday, eventually ending the session at $74.72, with a gain of 0.50% or 0.37 points. The heightened volatility saw the trading volume jump to 30,51,958 shares. Company has a market cap of $47,263 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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