Brown Advisory Inc Lowers stake in Express Scripts Holding Company (ESRX)

Express Scripts Holding Company (ESRX) : Brown Advisory Inc reduced its stake in Express Scripts Holding Company by 7.52% during the most recent quarter end. The investment management company now holds a total of 8,243,309 shares of Express Scripts Holding Company which is valued at $625,749,586 after selling 670,365 shares in Express Scripts Holding Company , the firm said in a disclosure report filed with the SEC on Aug 9, 2016.Express Scripts Holding Company makes up approximately 2.11% of Brown Advisory Inc’s portfolio.

Other Hedge Funds, Including , Rafferty Asset Management reduced its stake in ESRX by selling 3,330 shares or 29.7% in the most recent quarter. The Hedge Fund company now holds 7,881 shares of ESRX which is valued at $600,296. Express Scripts Holding Company makes up approx 0.04% of Rafferty Asset Management’s portfolio.Bank Of The West reduced its stake in ESRX by selling 66 shares or 0.17% in the most recent quarter. The Hedge Fund company now holds 39,764 shares of ESRX which is valued at $3,037,174. Express Scripts Holding Company makes up approx 0.42% of Bank Of The West’s portfolio.First Trust Advisors Lp boosted its stake in ESRX in the latest quarter, The investment management firm added 184,172 additional shares and now holds a total of 504,276 shares of Express Scripts Holding Company which is valued at $38,516,601. Express Scripts Holding Company makes up approx 0.12% of First Trust Advisors Lp’s portfolio.Lee Danner Bass Inc boosted its stake in ESRX in the latest quarter, The investment management firm added 38 additional shares and now holds a total of 18,748 shares of Express Scripts Holding Company which is valued at $1,424,473. Express Scripts Holding Company makes up approx 0.17% of Lee Danner Bass Inc’s portfolio.

Express Scripts Holding Company closed down -0.34 points or -0.44% at $76.63 with 24,67,734 shares getting traded on Wednesday. Post opening the session at $77.09, the shares hit an intraday low of $76.17 and an intraday high of $77.37 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.

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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