Wedgewood Partners Inc Lowers stake in Express Scripts Holding Company (ESRX)

Express Scripts Holding Company (ESRX) : Wedgewood Partners Inc reduced its stake in Express Scripts Holding Company by 5.69% during the most recent quarter end. The investment management company now holds a total of 3,066,390 shares of Express Scripts Holding Company which is valued at $234,425,516 after selling 184,968 shares in Express Scripts Holding Company , the firm said in a disclosure report filed with the SEC on Nov 14, 2016.Express Scripts Holding Company makes up approximately 4.99% of Wedgewood Partners Inc’s portfolio.

Other Hedge Funds, Including , Qs Investors reduced its stake in ESRX by selling 27,373 shares or 11.48% in the most recent quarter. The Hedge Fund company now holds 211,012 shares of ESRX which is valued at $16,131,867. Express Scripts Holding Company makes up approx 0.13% of Qs Investors’s portfolio.Aspiriant reduced its stake in ESRX by selling 3,366 shares or 15.51% in the most recent quarter. The Hedge Fund company now holds 18,341 shares of ESRX which is valued at $1,382,728. Express Scripts Holding Company makes up approx 0.13% of Aspiriant’s portfolio.Blackrock Institutional Trust Company N.a. boosted its stake in ESRX in the latest quarter, The investment management firm added 664,107 additional shares and now holds a total of 17,601,807 shares of Express Scripts Holding Company which is valued at $1,238,815,177. Express Scripts Holding Company makes up approx 0.20% of Blackrock Institutional Trust Company N.a.’s portfolio.Blackrock Japan Ltd boosted its stake in ESRX in the latest quarter, The investment management firm added 133,743 additional shares and now holds a total of 1,040,971 shares of Express Scripts Holding Company which is valued at $73,263,539. Express Scripts Holding Company makes up approx 0.26% of Blackrock Japan Ltd’s portfolio.Meristem Llp reduced its stake in ESRX by selling 108 shares or 2.46% in the most recent quarter. The Hedge Fund company now holds 4,284 shares of ESRX which is valued at $288,742. Express Scripts Holding Company makes up approx 0.11% of Meristem Llp’s portfolio.

Express Scripts Holding Company closed down -0.67 points or -0.88% at $75.77 with 29,84,707 shares getting traded on Monday. Post opening the session at $76.33, the shares hit an intraday low of $75.72 and an intraday high of $76.69 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

On the company’s financial health, Express Scripts Holding Company reported $1.74 EPS for the quarter, beating the analyst consensus estimate by $ 0.01 according to the earnings call on Oct 25, 2016. Analyst had a consensus of $1.73. The company had revenue of $25410.00 million for the quarter, compared to analysts expectations of $25484.56 million. The company’s revenue was up .7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.45 EPS.

Many Wall Street Analysts have commented on Express Scripts Holding Company. Company shares were Upgraded by Deutsche Bank on Nov 4, 2016 to ” Hold”, Firm has raised the Price Target to $ 70 from a previous price target of $69 .

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