Barrow Hanley Mewhinney Strauss buys $1,115,614,079 stake in Express Scripts Holding Company (ESRX)

Express Scripts Holding Company (ESRX) : Barrow Hanley Mewhinney Strauss scooped up 4,874,043 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 Aug 8, 2016. The investment management firm now holds a total of 14,646,371 shares of Express Scripts Holding Company which is valued at $1,115,614,079.Express Scripts Holding Company makes up approximately 1.64% of Barrow Hanley Mewhinney Strauss’s portfolio.

Other Hedge Funds, Including , Stack Financial Management Inc reduced its stake in ESRX by selling 115 shares or 0.06% in the most recent quarter. The Hedge Fund company now holds 197,473 shares of ESRX which is valued at $15,041,518. Express Scripts Holding Company makes up approx 1.85% of Stack Financial Management Inc’s portfolio.Sit Investment Associates Inc reduced its stake in ESRX by selling 5,700 shares or 16.29% in the most recent quarter. The Hedge Fund company now holds 29,300 shares of ESRX which is valued at $2,228,851. Express Scripts Holding Company makes up approx 0.06% of Sit Investment Associates Inc’s portfolio.Financial Architects Inc boosted its stake in ESRX in the latest quarter, The investment management firm added 5,550 additional shares and now holds a total of 9,612 shares of Express Scripts Holding Company which is valued at $742,143. Express Scripts Holding Company makes up approx 0.20% of Financial Architects Inc’s portfolio. Banced Corp added ESRX to its portfolio by purchasing 8,523 company shares during the most recent quarter which is valued at $669,908. Express Scripts Holding Company makes up approx 1.17% of Banced Corp’s portfolio.

Express Scripts Holding Company opened for trading at $76.47 and hit $77.34 on the upside on Monday, eventually ending the session at $77.13, with a gain of 1.23% or 0.94 points. The heightened volatility saw the trading volume jump to 26,87,579 shares. Company has a market cap of $48,609 M.

On the company’s financial health, Express Scripts Holding Company reported $1.57 EPS for the quarter, based on the information available during the earnings call on Jul 25, 2016. Analyst had a consensus estimate of $1.57. The company had revenue of $25222.00 million for the quarter, compared to analysts expectations of $25392.31 million. The company’s revenue was down -.9 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.44 EPS.

Many Wall Street Analysts have commented on Express Scripts Holding Company. Company shares were Reiterated by Mizuho on Aug 2, 2016 to “Neutral”, Firm has raised the Price Target to $ 82 from a previous price target of $77 .Express Scripts Holding Company was Downgraded by Morgan Stanley to ” Underweight” on Jun 20, 2016. Express Scripts Holding Company was Initiated by Bernstein to “Underperform” on Jun 16, 2016.

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