Express Scripts Holding Company (ESRX) : St. James Investment Company reduced its stake in Express Scripts Holding Company by 0.7% during the most recent quarter end. The investment management company now holds a total of 898,284 shares of Express Scripts Holding Company which is valued at $65,691,509 after selling 6,287 shares in Express Scripts Holding Company , the firm said in a disclosure report filed with the SEC on May 2, 2016.Express Scripts Holding Company makes up approximately 8.25% of St. James Investment Company’s portfolio.
Express Scripts Holding Company opened for trading at $72.51 and hit $73.43 on the upside on Friday, eventually ending the session at $73.13, with a gain of 0.25% or 0.18 points. The heightened volatility saw the trading volume jump to 29,04,352 shares. Company has a market cap of $46,257 M.
Other Hedge Funds, Including , Gamble Jones Investment Counsel sold out all of its stake in ESRX during the most recent quarter. The investment firm sold 2,543 shares of ESRX which is valued $185,970.Ingalls Snyder reduced its stake in ESRX by selling 413 shares or 6.77% in the most recent quarter. The Hedge Fund company now holds 5,691 shares of ESRX which is valued at $419,597. Express Scripts Holding Company makes up approx 0.03% of Ingalls Snyder’s portfolio.First Manhattan Co boosted its stake in ESRX in the latest quarter, The investment management firm added 2,853 additional shares and now holds a total of 58,249 shares of Express Scripts Holding Company which is valued at $4,284,214. Express Scripts Holding Company makes up approx 0.03% of First Manhattan Co’s portfolio.
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.