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

Express Scripts Holding Company (ESRX) : Maryland Capital Management reduced its stake in Express Scripts Holding Company by 12.5% during the most recent quarter end. The investment management company now holds a total of 255,237 shares of Express Scripts Holding Company which is valued at $19,446,507 after selling 36,469 shares in Express Scripts Holding Company , the firm said in a disclosure report filed with the SEC on Aug 10, 2016.Express Scripts Holding Company makes up approximately 2.90% of Maryland Capital Management’s portfolio.

Other Hedge Funds, Including , Timber Creek Capital Management boosted its stake in ESRX in the latest quarter, The investment management firm added 625 additional shares and now holds a total of 42,155 shares of Express Scripts Holding Company which is valued at $3,211,789. Express Scripts Holding Company makes up approx 2.54% of Timber Creek Capital Management’s portfolio.Saturna Capital Corp reduced its stake in ESRX by selling 12,121 shares or 1.82% in the most recent quarter. The Hedge Fund company now holds 655,532 shares of ESRX which is valued at $49,931,872. Express Scripts Holding Company makes up approx 1.53% of Saturna Capital Corp’s portfolio.Seabridge Investment Advisors boosted its stake in ESRX in the latest quarter, The investment management firm added 619 additional shares and now holds a total of 19,933 shares of Express Scripts Holding Company which is valued at $1,571,916. Express Scripts Holding Company makes up approx 0.36% of Seabridge Investment Advisors’s portfolio.Capstone Asset Management Co reduced its stake in ESRX by selling 2,696 shares or 1.47% in the most recent quarter. The Hedge Fund company now holds 180,896 shares of ESRX which is valued at $14,218,426. Express Scripts Holding Company makes up approx 0.42% of Capstone Asset Management Co’s portfolio.

Express Scripts Holding Company closed down -0.24 points or -0.31% at $76.38 with 25,25,759 shares getting traded on Friday. Post opening the session at $76.33, the shares hit an intraday low of $75.25 and an intraday high of $76.55 and the price fluctuated in this range throughout the day.Shares ended Friday 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.

Leave a Reply

Express Scripts Holding Company - Is it time to Sell?

Top Brokerage Firms are advising their investors on Express Scripts Holding Company. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.