Canal Insurance Company Has Upped By $1.74 Million Its Scansource Ord (SCSC) Stake; Focused Wealth Management Has Trimmed Its Target (TGT) Holding

March 6, 2018 - By Ellis Scott

Canal Insurance Company increased Scansource Ord (SCSC) stake by 161.6% reported in 2017Q3 SEC filing. Canal Insurance Company acquired 40,400 shares as Scansource Ord (SCSC)’s stock declined 12.70%. The Canal Insurance Company holds 65,400 shares with $2.86 million value, up from 25,000 last quarter. Scansource Ord now has $865.59 million valuation. The stock increased 1.20% or $0.4 during the last trading session, reaching $33.85. About 131,342 shares traded or 26.63% up from the average. ScanSource, Inc. (NASDAQ:SCSC) has declined 0.87% since March 6, 2017 and is downtrending. It has underperformed by 17.57% the S&P500.

Focused Wealth Management Inc decreased Target Corp (TGT) stake by 97.71% reported in 2017Q3 SEC filing. Focused Wealth Management Inc sold 12,812 shares as Target Corp (TGT)’s stock declined 14.90%. The Focused Wealth Management Inc holds 300 shares with $18,000 value, down from 13,112 last quarter. Target Corp now has $38.38 billion valuation. The stock decreased 6.04% or $4.54 during the last trading session, reaching $70.6. About 11.91 million shares traded or 77.97% up from the average. Target Corporation (NYSE:TGT) has declined 16.51% since March 6, 2017 and is downtrending. It has underperformed by 33.21% the S&P500.

Among 28 analysts covering Target Corporation (NYSE:TGT), 10 have Buy rating, 3 Sell and 15 Hold. Therefore 36% are positive. Target Corporation had 87 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of Target Corporation (NYSE:TGT) has “Neutral” rating given on Thursday, May 19 by Nomura. The rating was upgraded by Zacks on Thursday, August 20 to “Hold”. The stock has “Peer Perform” rating by Wolfe Research on Friday, April 29. Credit Suisse initiated the stock with “Buy” rating in Monday, February 26 report. Goldman Sachs maintained it with “Neutral” rating and $71 target in Thursday, August 18 report. Goldman Sachs downgraded the shares of TGT in report on Thursday, January 19 to “Sell” rating. As per Friday, August 18, the company rating was maintained by Bank of America. The stock of Target Corporation (NYSE:TGT) has “Neutral” rating given on Thursday, November 19 by UBS. The firm has “Buy” rating by Susquehanna given on Friday, February 16. Citigroup maintained Target Corporation (NYSE:TGT) rating on Thursday, August 18. Citigroup has “Buy” rating and $80 target.

Focused Wealth Management Inc increased Ishares Tr (OEF) stake by 5,321 shares to 37,517 valued at $4.18M in 2017Q3. It also upped Ishares Tr (TIP) stake by 6,571 shares and now owns 51,848 shares. Teva Pharmaceutical Inds Ltd (NYSE:TEVA) was raised too.

Investors sentiment increased to 1.26 in Q3 2017. Its up 0.23, from 1.03 in 2017Q2. It improved, as 11 investors sold SCSC shares while 47 reduced holdings. 20 funds opened positions while 53 raised stakes. 23.93 million shares or 1.00% more from 23.70 million shares in 2017Q2 were reported. 3.14M are owned by Blackrock Inc. Huntington Financial Bank has invested 0% in ScanSource, Inc. (NASDAQ:SCSC). Atlanta Cap Management Co L L C holds 498,863 shares. Moreover, Wellington Mgmt Grp Ltd Liability Partnership has 0.01% invested in ScanSource, Inc. (NASDAQ:SCSC). Zurcher Kantonalbank (Zurich Cantonalbank) holds 870 shares or 0% of its portfolio. Bnp Paribas Arbitrage accumulated 13,961 shares or 0% of the stock. Kennedy Capital Mgmt Inc has 121,247 shares for 0.1% of their portfolio. Thomson Horstmann Bryant owns 15,847 shares for 0.09% of their portfolio. Wells Fargo & Mn accumulated 39,688 shares. Amer Intl Grp has 0% invested in ScanSource, Inc. (NASDAQ:SCSC) for 19,717 shares. Blair William And Il accumulated 6,608 shares. Tocqueville Asset Lp holds 0.01% or 25,017 shares in its portfolio. Zebra Capital Management Ltd Llc, a Connecticut-based fund reported 25,304 shares. 162,371 were reported by Parametric Port Assocs Lc. Glenmede Tru Na reported 0% stake.

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