Smith Graham & Co Investment Advisors LP Boosted Scansource (SCSC) Position; Lombard Odier Asset Management Usa Has Raised Its Nq Mobile (NQ) Stake

September 3, 2017 - By Nellie Frank

Smith Graham & Co Investment Advisors Lp increased Scansource Inc (SCSC) stake by 17.18% reported in 2016Q4 SEC filing. Smith Graham & Co Investment Advisors Lp acquired 27,220 shares as Scansource Inc (SCSC)’s stock declined 12.70%. The Smith Graham & Co Investment Advisors Lp holds 185,640 shares with $7.49M value, up from 158,420 last quarter. Scansource Inc now has $949.92M valuation. The stock decreased 4.84% or $1.9 on September 1, reaching $37.35. About 89,198 shares traded or 43.00% up from the average. ScanSource, Inc. (NASDAQ:SCSC) has declined 0.87% since September 3, 2016 and is downtrending. It has underperformed by 17.57% the S&P500.

Lombard Odier Asset Management Usa Corp increased Nq Mobile Inc (NQ) stake by 46.21% reported in 2016Q4 SEC filing. Lombard Odier Asset Management Usa Corp acquired 244,904 shares as Nq Mobile Inc (NQ)’s stock declined 4.26%. The Lombard Odier Asset Management Usa Corp holds 774,904 shares with $2.50 million value, up from 530,000 last quarter. Nq Mobile Inc now has $347.88 million valuation. The stock increased 6.91% or $0.23 on September 1, reaching $3.56. About shares traded. NQ Mobile Inc (ADR) (NYSE:NQ) has risen 1.06% since September 3, 2016 and is uptrending. It has underperformed by 15.64% the S&P500.

Smith Graham & Co Investment Advisors Lp decreased Wellcare Health Plans Inc (NYSE:WCG) stake by 2,330 shares to 30,482 valued at $4.18 million in 2016Q4. It also reduced Tesoro Corporation (NYSE:TSO) stake by 4,580 shares and now owns 55,690 shares. Brocade Communications Systems Inc. (NASDAQ:BRCD) was reduced too.

Since March 16, 2017, it had 0 insider purchases, and 5 sales for $5.23 million activity. FISCHER STEVEN R sold $200,950 worth of stock or 5,000 shares. $2.62 million worth of ScanSource, Inc. (NASDAQ:SCSC) was sold by BAUR MICHAEL L.

Investors sentiment decreased to 1.03 in 2016 Q4. Its down 0.49, from 1.52 in 2016Q3. It fall, as 11 investors sold SCSC shares while 50 reduced holdings. 42 funds opened positions while 55 raised stakes. 23.91 million shares or 1.66% less from 24.31 million shares in 2016Q3 were reported. 5,442 are held by Stevens Management L P. Ahl Prns Ltd Liability Partnership accumulated 0.01% or 11,872 shares. Nomura Asset Management invested in 440 shares. First Personal Services invested in 0% or 182 shares. Aqr Cap Limited Liability reported 170,998 shares. Manufacturers Life The holds 0% or 17,102 shares in its portfolio. United Svcs Automobile Association owns 137,900 shares or 0.02% of their US portfolio. State Street Corporation accumulated 0% or 609,459 shares. Goldman Sachs holds 107,451 shares. Blair William & Company Il has invested 0% of its portfolio in ScanSource, Inc. (NASDAQ:SCSC). Cna Fincl reported 0.35% in ScanSource, Inc. (NASDAQ:SCSC). Hbk Investments Ltd Partnership has invested 0% in ScanSource, Inc. (NASDAQ:SCSC). Fmr Ltd Co invested in 3.30 million shares. Moreover, Jacobs Levy Equity Management has 0.01% invested in ScanSource, Inc. (NASDAQ:SCSC) for 12,920 shares. Tci Wealth Advsrs Inc owns 22 shares or 0% of their US portfolio.

Among 2 analysts covering ScanSource (NASDAQ:SCSC), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. ScanSource had 3 analyst reports since August 12, 2015 according to SRatingsIntel. The rating was maintained by Raymond James on Tuesday, August 30 with “Outperform”. The stock has “Buy” rating by Northcoast on Wednesday, December 23. The firm earned “Sell” rating on Wednesday, August 12 by Zacks.