Gibraltar Capital Management Lowers stake in Express Scripts Holding Company (ESRX)

Express Scripts Holding Company (ESRX) : Gibraltar Capital Management reduced its stake in Express Scripts Holding Company by 0.89% during the most recent quarter end. The investment management company now holds a total of 50,338 shares of Express Scripts Holding Company which is valued at $3,824,681 after selling 450 shares in Express Scripts Holding Company , the firm said in a disclosure report filed with the SEC on Aug 1, 2016.Express Scripts Holding Company makes up approximately 4.45% of Gibraltar Capital Management’s portfolio.

Other Hedge Funds, Including , Everence Capital Management Inc reduced its stake in ESRX by selling 770 shares or 4.18% in the most recent quarter. The Hedge Fund company now holds 17,668 shares of ESRX which is valued at $1,342,415. Express Scripts Holding Company makes up approx 0.40% of Everence Capital Management Inc’s portfolio.Capital One National Association reduced its stake in ESRX by selling 59,911 shares or 65.17% in the most recent quarter. The Hedge Fund company now holds 32,021 shares of ESRX which is valued at $2,535,423. Express Scripts Holding Company makes up approx 0.20% of Capital One National Association’s portfolio.Highland Capital Management boosted its stake in ESRX in the latest quarter, The investment management firm added 115 additional shares and now holds a total of 24,090 shares of Express Scripts Holding Company which is valued at $1,907,446. Express Scripts Holding Company makes up approx 0.16% of Highland Capital Management’s portfolio.Patton Albertson Miller Group reduced its stake in ESRX by selling 733 shares or 5.97% in the most recent quarter. The Hedge Fund company now holds 11,554 shares of ESRX which is valued at $908,144. Express Scripts Holding Company makes up approx 0.40% of Patton Albertson Miller Group’s portfolio.

Express Scripts Holding Company closed down -0.09 points or -0.12% at $75.89 with 26,16,791 shares getting traded on Thursday. Post opening the session at $76.13, the shares hit an intraday low of $75.64 and an intraday high of $76.37 and the price fluctuated in this range throughout the day.Shares ended Thursday 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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