Smith Graham & Co Investment Advisors LP Maintains Stake in Scansource (SCSC); Presima Trimmed Its Columbia Ppty Tr (CXP) Holding by $2.47 Million as Market Value Declined

Columbia Property Trust, Inc. (NYSE:CXP) Logo

Smith Graham & Co Investment Advisors Lp increased its stake in Scansource Inc (SCSC) by 3.55% based on its latest 2018Q3 regulatory filing with the SEC. Smith Graham & Co Investment Advisors Lp bought 8,898 shares as the company’s stock declined 10.45% with the market. The institutional investor held 259,737 shares of the technology company at the end of 2018Q3, valued at $10.36 million, up from 250,839 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 $959.01M market cap company. The stock decreased 2.63% or $1.01 during the last trading session, reaching $37.45. About 166,831 shares traded or 14.38% up from the average. ScanSource, Inc. (NASDAQ:SCSC) has risen 5.14% since February 8, 2018 and is uptrending. It has outperformed by 5.14% the S&P500. Some Historical SCSC News: 19/03/2018 – Intelisys And ScanSource: UcaaS Sales Are ‘Off The Charts’; 08/05/2018 – ScanSource 3Q Adj EPS 68c; 08/05/2018 – ScanSource Sees 4Q EPS 48c-EPS 54c; 23/04/2018 – DJ ScanSource Inc, Inst Holders, 1Q 2018 (SCSC); 08/05/2018 – ScanSource Sees 4Q Adj EPS 74c-Adj EPS 80c; 11/04/2018 – Salient Systems Partners with ScanSource Networking and Security to Offer Industry Leading Video Management Solutions; 15/05/2018 – Five ScanSource Leaders Recognized as 2018 CRN Women of the Channel; 08/05/2018 – SCANSOURCE SEES 4Q ADJ EPS 74C TO 80C, EST. 78C; 08/05/2018 – ScanSource 3Q EPS 42c; 15/03/2018 – MITEL: SCANSOURCE BECOMES PRIMARY U.S. DISTRIBUTOR

Presima Inc decreased its stake in Columbia Ppty Tr Inc (CXP) by 13.33% based on its latest 2018Q3 regulatory filing with the SEC. Presima Inc sold 107,400 shares as the company’s stock declined 13.58% with the market. The institutional investor held 698,600 shares of the consumer services company at the end of 2018Q3, valued at $16.52 million, down from 806,000 at the end of the previous reported quarter. Presima Inc who had been investing in Columbia Ppty Tr Inc for a number of months, seems to be less bullish one the $2.69 billion market cap company. The stock increased 2.06% or $0.46 during the last trading session, reaching $22.82. About 826,223 shares traded or 23.74% up from the average. Columbia Property Trust, Inc. (NYSE:CXP) has declined 4.99% since February 8, 2018 and is downtrending. It has underperformed by 4.99% the S&P500. Some Historical CXP News: 26/04/2018 – COLUMBIA PROPERTY 1Q NORMALIZED FFO/SHR 38C, EST. 35C; 29/05/2018 – PRESS RELEASE – COLUMBIA PROPERTY TRUST SELLS 25-STORY MANHATTAN OFFICE TOWER FOR $332.5 MILLION; 29/05/2018 – COLUMBIA PROPERTY TRUST INC – DEAL FOR FOR A GROSS SALES PRICE OF $332.5 MLN; 26/04/2018 – Columbia Property Trust Releases First Quarter 2018 Results and Raises 2018 Guidance; 25/04/2018 – MNI: $13M FROM AFTER-TAX PROCEEDS AFTER COLUMBIA PROPERTY SALE; 26/04/2018 – COLUMBIA PROPERTY TRUST INC – QTRLY TOTAL REVENUES $73.7 MLN VS $82.2 MLN; 23/04/2018 – Columbia Property Trust Completes Re-leasing of 650 California Street with Triple-Digit Rent Roll Ups; 29/05/2018 – Columbia Property Trust Sells 25-Story Manhattan Office Tower for $332.5 M; 26/04/2018 – CXP SEES FY NORMALIZED FFO/SHR $1.43 TO $1.48, EST. $1.44; 12/04/2018 Moody’s Affirms Eight Classes of JPMDB 2017-C5

Investors sentiment increased to 0.98 in 2018 Q3. Its up 0.20, from 0.78 in 2018Q2. It is positive, as 14 investors sold CXP shares while 70 reduced holdings. 35 funds opened positions while 47 raised stakes. 83.62 million shares or 4.44% less from 87.51 million shares in 2018Q2 were reported. Signaturefd Ltd Liability reported 597 shares. Jpmorgan Chase And has 131,073 shares for 0% of their portfolio. Dean Cap has 96,301 shares. 13,440 were accumulated by Regions. State Street reported 0.01% of its portfolio in Columbia Property Trust, Inc. (NYSE:CXP). Malaga Cove Capital Ltd Llc reported 0.43% of its portfolio in Columbia Property Trust, Inc. (NYSE:CXP). Wellington Group Inc Ltd Liability Partnership stated it has 0.01% of its portfolio in Columbia Property Trust, Inc. (NYSE:CXP). Federated Invsts Pa has 5,654 shares. Sg Americas Securities Ltd Company holds 18,312 shares. Jefferies Grp Inc Ltd Liability Corporation stated it has 0% in Columbia Property Trust, Inc. (NYSE:CXP). Aqr Mgmt Limited Company accumulated 30,808 shares or 0% of the stock. Quantitative Systematic Strategies Ltd Liability has 0.46% invested in Columbia Property Trust, Inc. (NYSE:CXP) for 101,988 shares. Northern Trust Corp invested in 0.01% or 1.34M shares. Panagora Asset Management Inc reported 9,069 shares stake. Cubist Systematic Strategies Limited Liability Com has 29,299 shares for 0.04% of their portfolio.

Presima Inc, which manages about $1.11 billion and $781.76M US Long portfolio, upped its stake in Hudson Pac Pptys Inc (NYSE:HPP) by 101,400 shares to 1.85M shares, valued at $60.53 million in 2018Q3, according to the filing. It also increased its holding in Federal Realty Invt Tr (NYSE:FRT) by 24,400 shares in the quarter, for a total of 194,200 shares, and has risen its stake in Digital Rlty Tr Inc (NYSE:DLR).

Analysts await Columbia Property Trust, Inc. (NYSE:CXP) to report earnings on February, 21. They expect $0.37 earnings per share, up 15.63% or $0.05 from last year’s $0.32 per share. CXP’s profit will be $43.65 million for 15.42 P/E if the $0.37 EPS becomes a reality. After $0.40 actual earnings per share reported by Columbia Property Trust, Inc. for the previous quarter, Wall Street now forecasts -7.50% negative EPS growth.

More notable recent Columbia Property Trust, Inc. (NYSE:CXP) news were published by: Businesswire.com which released: “Columbia Property Trust and Normandy Real Estate Partners LLC to Develop Boutique Office Building at 799 Broadway in New York – Business Wire” on September 13, 2018, also Seekingalpha.com with their article: “Columbia Property Trust: Keeping The Faith – Seeking Alpha” published on July 30, 2018, Bizjournals.com published: “Columbia Property Trust selling remaining Atlanta office portfolio – Atlanta Business Chronicle” on October 09, 2018. More interesting news about Columbia Property Trust, Inc. (NYSE:CXP) were released by: Businesswire.com and their article: “Columbia Property Trust Secures Full-Building Office Lease in Manhattan’s Midtown South – Business Wire” published on October 23, 2018 as well as Fool.com‘s news article titled: “Maximus, Inc. (MMS) Q1 2019 Earnings Conference Call Transcript – Motley Fool” with publication date: February 07, 2019.

Among 9 analysts covering Columbia Property Trust (NYSE:CXP), 5 have Buy rating, 1 Sell and 3 Hold. Therefore 56% are positive. Columbia Property Trust had 24 analyst reports since August 4, 2015 according to SRatingsIntel. The company was maintained on Tuesday, January 9 by BMO Capital Markets. The rating was maintained by Goldman Sachs with “Neutral” on Thursday, June 22. SunTrust maintained Columbia Property Trust, Inc. (NYSE:CXP) on Monday, January 22 with “Hold” rating. The firm has “Buy” rating by BMO Capital Markets given on Monday, May 1. The rating was upgraded by Goldman Sachs to “Neutral” on Wednesday, February 22. On Tuesday, September 8 the stock rating was maintained by Evercore with “Hold”. SunTrust initiated the stock with “Hold” rating in Thursday, December 22 report. SunTrust maintained Columbia Property Trust, Inc. (NYSE:CXP) on Monday, November 27 with “Hold” rating. On Friday, February 19 the stock rating was downgraded by Goldman Sachs to “Sell”. TheStreet downgraded the stock to “Hold” rating in Wednesday, September 2 report.

Among 2 analysts covering ScanSource (NASDAQ:SCSC), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. ScanSource had 5 analyst reports since August 12, 2015 according to SRatingsIntel. On Tuesday, August 30 the stock rating was maintained by Raymond James with “Outperform”. The company was upgraded on Wednesday, December 23 by Northcoast. The firm earned “Outperform” rating on Wednesday, August 29 by Raymond James. The stock has “Sell” rating by Zacks on Wednesday, August 12. Northcoast upgraded the shares of SCSC in report on Monday, March 26 to “Buy” rating.

Investors sentiment increased to 1.35 in Q3 2018. Its up 0.13, from 1.22 in 2018Q2. It improved, as 11 investors sold SCSC shares while 43 reduced holdings. 18 funds opened positions while 55 raised stakes. 23.91 million shares or 0.21% less from 23.96 million shares in 2018Q2 were reported. Arizona State Retirement Systems owns 37,128 shares for 0.01% of their portfolio. Financial Bank Of America Corporation De holds 186,290 shares or 0% of its portfolio. Citadel Advsr Ltd Liability owns 9,444 shares for 0% of their portfolio. Pub Employees Retirement Association Of Colorado has invested 0% in ScanSource, Inc. (NASDAQ:SCSC). Captrust has 71 shares. Profit Invest Management Ltd Liability Corp has 0.99% invested in ScanSource, Inc. (NASDAQ:SCSC) for 33,450 shares. Sg Americas Secs Limited Liability Company holds 6,614 shares. 12,817 were reported by Guggenheim Cap Lc. Stone Ridge Asset Ltd Limited Liability Company invested 0.02% of its portfolio in ScanSource, Inc. (NASDAQ:SCSC). Texas Permanent School Fund has invested 0.01% in ScanSource, Inc. (NASDAQ:SCSC). Moreover, Pnc Financial Group has 0% invested in ScanSource, Inc. (NASDAQ:SCSC) for 957 shares. State Of Tennessee Treasury Department holds 20,090 shares or 0% of its portfolio. Renaissance Technology Ltd Co stated it has 0% of its portfolio in ScanSource, Inc. (NASDAQ:SCSC). Brandywine Glob Mgmt Ltd Liability Corporation reported 0.02% stake. Nordea Mgmt Ab, Sweden-based fund reported 257,489 shares.

Smith Graham & Co Investment Advisors Lp, which manages about $5.56 billion and $1.06B US Long portfolio, decreased its stake in Humana Inc. (NYSE:HUM) by 910 shares to 23,726 shares, valued at $8.03 million in 2018Q3, according to the filing. It also reduced its holding in Select Medical Holdings Corporation (NYSE:SEM) by 51,030 shares in the quarter, leaving it with 514,467 shares, and cut its stake in Guess Inc (NYSE:GES).

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

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.