As Schwab Charles New (SCHW) Share Value Rose, Park Presidio Capital Has Lifted Its Holding by $52.00 Million; Scansource (SCSC) Shareholder Smith Graham & Co Investment Advisors LP Has Raised Its Holding by $1.16 Million as Market Value Rose

August 12, 2018 - By Victoria Pittman

The Charles Schwab Corporation (NYSE:SCHW) Logo

Park Presidio Capital Llc increased its stake in Schwab Charles Corp New (SCHW) by 250% based on its latest 2018Q1 regulatory filing with the SEC. Park Presidio Capital Llc bought 1.00 million shares as the company’s stock rose 6.64% while stock markets declined. The institutional investor held 1.40M shares of the investment bankers and brokers and service company at the end of 2018Q1, valued at $73.11 million, up from 400,000 at the end of the previous reported quarter. Park Presidio Capital Llc who had been investing in Schwab Charles Corp New for a number of months, seems to be bullish on the $68.28 billion market cap company. The stock decreased 0.24% or $0.12 during the last trading session, reaching $50.61. About 4.34 million shares traded. The Charles Schwab Corporation (NYSE:SCHW) has risen 45.39% since August 12, 2017 and is uptrending. It has outperformed by 32.82% the S&P500. Some Historical SCHW News: 17/04/2018 – CHARLES SCHWAB CORP SCHW.N : CREDIT SUISSE RAISES TARGET PRICE TO $62 FROM $60; 16/04/2018 – SCHWAB 1Q EPS 55C, EST. 54C; 14/03/2018 – Charles Schwab End-February Total Client Assets $3.33 Tln, up 15%; 14/03/2018 – SCHWAB ONLY GETS 2%-3% OF OP PROFIT FROM ORDER ROUTING: BLAIR; 29/03/2018 – Charles Schwab Ranks Highest in J.D. Power Full Service Investor Satisfaction Study for Third Consecutive Year; 16/04/2018 – Charles Schwab 1Q Total Client Assets $3.305T; 09/03/2018 – Schwab Emerging Markets Equity ETF Closes Above 50D-MA; 03/05/2018 – Charles Schwab Creates Digital Accelerator Hubs in San Francisco and Austin; 08/05/2018 – Casey Schwab of NFL Players Association to Keynote Summer Meeting Of Legislators from Gaming States, July 13-15 in Cleveland; 17/05/2018 – NEW DEAL: Schwab $Bmark; 3Y +65a, 3Y FRN L equiv, 7Y +95a

Smith Graham & Co Investment Advisors Lp increased its stake in Scansource Inc (SCSC) by 15.09% based on its latest 2018Q1 regulatory filing with the SEC. Smith Graham & Co Investment Advisors Lp bought 33,000 shares as the company’s stock rose 14.01% while stock markets declined. The institutional investor held 251,639 shares of the technology company at the end of 2018Q1, valued at $8.95M, up from 218,639 at the end of the previous reported quarter. Smith Graham & Co Investment Advisors Lp who had been investing in Scansource Inc for a number of months, seems to be bullish on the $1.05 billion market cap company. The stock decreased 0.24% or $0.1 during the last trading session, reaching $40.95. About 20,484 shares traded. ScanSource, Inc. (NASDAQ:SCSC) has risen 0.78% since August 12, 2017 and is uptrending. It has underperformed by 11.79% the S&P500. Some Historical SCSC News: 23/04/2018 – DJ ScanSource Inc, Inst Holders, 1Q 2018 (SCSC); 15/05/2018 – Five ScanSource Leaders Recognized as 2018 CRN Women of the Channel; 16/04/2018 – Transition Networks Expands Technology Channel with ScanSource Partnership; 08/05/2018 – SCANSOURCE 3Q ADJ EPS 68C, EST. 70C; 11/04/2018 – Salient Systems Partners with ScanSource Networking and Security to Offer Industry Leading Video Management Solutions; 08/05/2018 – ScanSource Sees 4Q EPS 48c-EPS 54c; 15/03/2018 MITEL EXPANDS PARTNERSHIP WITH SCAN; 06/04/2018 – ScanSource Closes Below 50-Day Moving Average: Technicals; 08/05/2018 – SCANSOURCE SEES 4Q ADJ EPS 74C TO 80C, EST. 78C; 08/05/2018 – ScanSource 3Q EPS 42c

Since February 14, 2018, it had 0 insider purchases, and 36 sales for $203.52 million activity. 15,000 shares were sold by Murtagh Nigel J, worth $799,235 on Monday, February 26. SCHWAB CHARLES R sold $10.46 million worth of The Charles Schwab Corporation (NYSE:SCHW) on Tuesday, May 22. Kallsen Terri R also sold $2.03M worth of The Charles Schwab Corporation (NYSE:SCHW) on Tuesday, April 24. $2.13M worth of The Charles Schwab Corporation (NYSE:SCHW) was sold by Garfield David R. 29,678 shares were sold by Clark Bernard J., worth $1.78M on Tuesday, May 22. Craig Jonathan M. sold $290,041 worth of stock or 5,000 shares.

Among 25 analysts covering Charles Schwab (NYSE:SCHW), 14 have Buy rating, 1 Sell and 10 Hold. Therefore 56% are positive. Charles Schwab had 108 analyst reports since August 11, 2015 according to SRatingsIntel. JMP Securities downgraded The Charles Schwab Corporation (NYSE:SCHW) on Wednesday, January 3 to “Market Perform” rating. On Wednesday, August 26 the stock rating was maintained by Barclays Capital with “Overweight”. The firm earned “Market Perform” rating on Wednesday, July 18 by Wells Fargo. The stock of The Charles Schwab Corporation (NYSE:SCHW) has “Buy” rating given on Monday, October 16 by SunTrust. The company was maintained on Tuesday, August 11 by Barclays Capital. The firm has “Buy” rating given on Wednesday, June 14 by Keefe Bruyette & Woods. The stock has “Buy” rating by Bank of America on Thursday, October 13. The rating was initiated by SunTrust on Wednesday, March 23 with “Neutral”. The firm has “Buy” rating by Sandler O’Neill given on Wednesday, January 17. The rating was maintained by Compass Point with “Neutral” on Friday, October 16.

Another recent and important The Charles Schwab Corporation (NYSE:SCHW) news was published by Benzinga.com which published an article titled: “A Preview Of Charles Schwab’s Q2 Earnings” on July 17, 2018.

Investors sentiment decreased to 0.87 in 2018 Q1. Its down 0.28, from 1.15 in 2017Q4. It fall, as 55 investors sold SCHW shares while 335 reduced holdings. 81 funds opened positions while 258 raised stakes. 1.05 billion shares or 0.48% less from 1.05 billion shares in 2017Q4 were reported. Lord Abbett Ltd has invested 0.16% in The Charles Schwab Corporation (NYSE:SCHW). Jaffetilchin Invest Lc has 0.19% invested in The Charles Schwab Corporation (NYSE:SCHW) for 16,430 shares. Parametric Port Assoc Lc, a Washington-based fund reported 2.85M shares. Citizens & Northern reported 1.88% in The Charles Schwab Corporation (NYSE:SCHW). 1.82M are held by State Teachers Retirement Systems. Main Street Rech Limited Liability Com accumulated 0.52% or 66,509 shares. 12.22M were reported by Geode. Monroe Financial Bank And Mi owns 0% invested in The Charles Schwab Corporation (NYSE:SCHW) for 200 shares. Nj State Employees Deferred Compensation Plan has 25,000 shares for 0.23% of their portfolio. Cap Invest Counsel Inc has 0.26% invested in The Charles Schwab Corporation (NYSE:SCHW) for 12,100 shares. 673,457 are held by Greenwich Wealth Lc. Bluemar Cap Management Ltd Liability Corp has 1.29% invested in The Charles Schwab Corporation (NYSE:SCHW) for 57,050 shares. Dupont Cap Mgmt reported 18,413 shares. Mitsubishi Ufj Trust & Bk Corporation holds 0.22% or 2.43M shares in its portfolio. Kentucky Retirement System owns 62,540 shares or 0.28% of their US portfolio.

Since June 4, 2018, it had 0 insider buys, and 1 insider sale for $199,640 activity.

Among 2 analysts covering ScanSource (NASDAQ:SCSC), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. ScanSource had 4 analyst reports since August 12, 2015 according to SRatingsIntel. The firm has “Outperform” rating given on Tuesday, August 30 by Raymond James. Northcoast upgraded the shares of SCSC in report on Monday, March 26 to “Buy” rating. The firm has “Buy” rating by Northcoast given on Wednesday, December 23. The company was upgraded on Wednesday, August 12 by Zacks.

Investors sentiment increased to 1.06 in 2018 Q1. Its up 0.05, from 1.01 in 2017Q4. It increased, as 18 investors sold SCSC shares while 48 reduced holdings. 20 funds opened positions while 50 raised stakes. 24.17 million shares or 1.72% more from 23.77 million shares in 2017Q4 were reported. Art Advsr Limited Liability Company invested in 0.02% or 15,929 shares. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Inv holds 0.01% or 28,300 shares in its portfolio. Barrow Hanley Mewhinney Strauss Limited Co holds 63,588 shares. New York-based Tiaa Cref Inv Mngmt Lc has invested 0% in ScanSource, Inc. (NASDAQ:SCSC). Comerica Comml Bank stated it has 0.01% in ScanSource, Inc. (NASDAQ:SCSC). California State Teachers Retirement System stated it has 0% of its portfolio in ScanSource, Inc. (NASDAQ:SCSC). Manufacturers Life Insur Co The owns 18,862 shares. Pub Employees Retirement Sys Of Ohio has 38,033 shares for 0.01% of their portfolio. The United Kingdom-based Gsa Cap Prtn Llp has invested 0.02% in ScanSource, Inc. (NASDAQ:SCSC). Zurcher Kantonalbank (Zurich Cantonalbank), Switzerland-based fund reported 1,807 shares. Smith Graham & Inv Advsrs Ltd Partnership, Texas-based fund reported 251,639 shares. Moreover, Bailard has 0.13% invested in ScanSource, Inc. (NASDAQ:SCSC). Pinebridge Investments Lp stated it has 49,665 shares. Sg Americas Limited Liability Corp owns 3,582 shares. Alliancebernstein LP holds 0% of its portfolio in ScanSource, Inc. (NASDAQ:SCSC) for 32,621 shares.

Another recent and important ScanSource, Inc. (NASDAQ:SCSC) news was published by Businesswire.com which published an article titled: “ScanSource to Announce Fourth Quarter and Fiscal Year 2018 Results on August 28, 2018” on August 07, 2018.

Smith Graham & Co Investment Advisors Lp, which manages about $5.56B and $1.04B US Long portfolio, decreased its stake in Encore Capital Group Inc. (NASDAQ:ECPG) by 7,430 shares to 371,138 shares, valued at $16.78 million in 2018Q1, according to the filing. It also reduced its holding in Magellan Health Inc (NASDAQ:MGLN) by 18,420 shares in the quarter, leaving it with 135,581 shares, and cut its stake in Boston Beer Co Inc (NYSE:SAM).

ScanSource, Inc. (NASDAQ:SCSC) Institutional Positions Chart

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