Caymus Capital Partners LP Cut By $8.98 Million Its Wpx Energy (WPX) Stake; Scansource (SCSC) Sentiment Is 1.35

ScanSource, Inc. (NASDAQ:SCSC) Logo

Scansource Inc (SCSC) investors sentiment increased to 1.35 in 2018 Q3. It’s up 0.13, from 1.22 in 2018Q2. The ratio is positive, as 73 hedge funds started new or increased equity positions, while 54 sold and reduced positions in Scansource Inc. The hedge funds in our database now possess: 23.91 million shares, down from 23.96 million shares in 2018Q2. Also, the number of hedge funds holding Scansource Inc in top ten equity positions was flat from 0 to 0 for the same number . Sold All: 11 Reduced: 43 Increased: 55 New Position: 18.

Caymus Capital Partners Lp decreased Wpx Energy Inc (WPX) stake by 17.41% reported in 2018Q3 SEC filing. Caymus Capital Partners Lp sold 449,187 shares as Wpx Energy Inc (WPX)’s stock declined 26.26%. The Caymus Capital Partners Lp holds 2.13M shares with $42.87M value, down from 2.58M last quarter. Wpx Energy Inc now has $5.38 billion valuation. The stock decreased 2.96% or $0.39 during the last trading session, reaching $12.79. About 5.64M shares traded. WPX Energy, Inc. (NYSE:WPX) has risen 0.87% since January 11, 2018 and is uptrending. It has outperformed by 0.87% the S&P500. Some Historical WPX News: 02/05/2018 – WPX ENERGY 1Q ADJ LOSS/SHR CONT OPS 6C, EST. LOSS/SHR 2C; 09/05/2018 – WPX ENERGY – COMMENCED UNDERWRITTEN PUBLIC OFFERING OF $400 MLN OF SENIOR UNSECURED NOTES DUE 2026; 13/04/2018 – WPX ENERGY INC WPX.N : CREDIT SUISSE RAISES TARGET PRICE TO $19 FROM $17; 13/03/2018 – WPX ENERGY INC WPX.N : DEUTSCHE BANK RAISES TARGET PRICE TO $20 FROM $19; 09/05/2018 – WPX ENERGY INC WPX.N SAYS NOTES WERE PRICED AT 100.000% OF PAR; 26/03/2018 – WPX ENERGY CEO SAYS DOES NOT EXPECT RISE OF ELECTRIC CAR TO SAP CRUDE DEMAND FOR FORESEEABLE FUTURE; 02/05/2018 – WPX ENERGY 1Q PRODUCTION 102.7 MBOE/D; 20/04/2018 – WPX ENERGY INC – IN SECOND AMENDMENT, AGGREGATE MAXIMUM CREDIT AMOUNT IS INCREASED TO $3.0 BLN; 26/03/2018 – WPX ENERGY INC CHIEF EXECUTIVE RICK MUNCRIEF SAYS EXPECTS DEMAND FOR CRUDE OIL TO REMAIN ‘TREMENDOUS’; 17/04/2018 – WPX ENERGY REPORTS EARLY RESULTS OF CASH TENDER OFFERS

Among 9 analysts covering WPX Energy (NYSE:WPX), 8 have Buy rating, 0 Sell and 1 Hold. Therefore 89% are positive. WPX Energy had 9 analyst reports since August 2, 2018 according to SRatingsIntel. SunTrust maintained WPX Energy, Inc. (NYSE:WPX) rating on Tuesday, November 27. SunTrust has “Buy” rating and $2500 target. The firm earned “Buy” rating on Thursday, August 2 by Bank of America. The firm earned “Neutral” rating on Friday, August 3 by Goldman Sachs. Raymond James upgraded WPX Energy, Inc. (NYSE:WPX) on Monday, August 6 to “Strong Buy” rating.

Analysts await WPX Energy, Inc. (NYSE:WPX) to report earnings on February, 20. They expect $0.08 EPS, up 500.00% or $0.10 from last year’s $-0.02 per share. WPX’s profit will be $33.63M for 39.97 P/E if the $0.08 EPS becomes a reality. After $0.07 actual EPS reported by WPX Energy, Inc. for the previous quarter, Wall Street now forecasts 14.29% EPS growth.

Since November 8, 2018, it had 0 buys, and 1 insider sale for $16 activity. $16 worth of WPX Energy, Inc. (NYSE:WPX) was sold by LOWRIE WILLIAM G on Thursday, November 8.

Investors sentiment increased to 1.18 in Q3 2018. Its up 0.19, from 0.99 in 2018Q2. It is positive, as 28 investors sold WPX shares while 109 reduced holdings. 68 funds opened positions while 93 raised stakes. 384.07 million shares or 0.78% more from 381.11 million shares in 2018Q2 were reported. Systematic Mgmt LP accumulated 1.12M shares or 0.54% of the stock. Bank Of Montreal Can has 16,342 shares. 375 are owned by Cove Street Lc. The New York-based Tower Lc (Trc) has invested 0.04% in WPX Energy, Inc. (NYSE:WPX). Arizona State Retirement Sys accumulated 0.05% or 280,337 shares. Blackrock Incorporated owns 0.03% invested in WPX Energy, Inc. (NYSE:WPX) for 34.05M shares. World Asset Mngmt Incorporated reported 0.02% of its portfolio in WPX Energy, Inc. (NYSE:WPX). Schwab Charles Management reported 0.03% of its portfolio in WPX Energy, Inc. (NYSE:WPX). Jvl Advsrs Ltd Com owns 1.91 million shares. Zeke Advsr Lc holds 0.16% or 98,562 shares. Signaturefd Limited Company holds 0% or 1,000 shares in its portfolio. 404,509 were accumulated by Alliancebernstein Limited Partnership. Hap Trading Ltd Liability Corp has 37,864 shares. 13,973 were accumulated by Segall Bryant Hamill Limited Co. Kentucky Retirement Systems invested in 16,579 shares.

ScanSource, Inc. distributes technology products and solutions in North America, Latin America, and Europe. The company has market cap of $927.51 million. The companyÂ’s Worldwide Barcode, Networking & Security segment focuses on automatic identification and data capture , point-of-sale (POS), networking, electronic physical security, 3D printing, and other specialty technologies. It has a 21.43 P/E ratio. The Company’s AIDC and POS products are used to automate the collection, processing, and communication of information for commercial and industrial applications, such as retail sales, distribution, shipping, inventory control, materials handling, warehouse management, and health care applications; electronic physical security products, including identification, access control, video surveillance, intrusion-related, wireless, and networking infrastructure products; and 3D printing solutions to replace and complement traditional methods, as well as reduce the time and cost of designing new products.

Profit Investment Management Llc holds 0.99% of its portfolio in ScanSource, Inc. for 33,450 shares. Smith Graham & Co. Investment Advisors Lp owns 259,737 shares or 0.98% of their US portfolio. Moreover, Canal Insurance Co has 0.81% invested in the company for 65,400 shares. The South Carolina-based Ccm Investment Advisers Llc has invested 0.57% in the stock. Paradigm Capital Management Inc Ny, a New York-based fund reported 171,800 shares.

The stock increased 0.84% or $0.3 during the last trading session, reaching $36.22. About 53,552 shares traded. ScanSource, Inc. (SCSC) has risen 5.14% since January 11, 2018 and is uptrending. It has outperformed by 5.14% the S&P500. Some Historical SCSC News: 08/05/2018 – ScanSource 3Q EPS 42c; 15/03/2018 – MITEL: SCANSOURCE BECOMES PRIMARY U.S. DISTRIBUTOR; 08/05/2018 – ScanSource 3Q Adj EPS 68c; 08/05/2018 – SCANSOURCE 3Q ADJ EPS 68C, EST. 70C; 06/04/2018 – ScanSource Closes Below 50-Day Moving Average: Technicals; 15/03/2018 MITEL EXPANDS PARTNERSHIP WITH SCAN; 08/05/2018 – ScanSource Sees 4Q EPS 48c-EPS 54c; 08/05/2018 – ScanSource Sees 4Q Adj EPS 74c-Adj EPS 80c; 15/05/2018 – Five ScanSource Leaders Recognized as 2018 CRN Women of the Channel; 19/03/2018 – Intelisys And ScanSource: UcaaS Sales Are ‘Off The Charts’

Since January 1, 0001, it had 0 insider purchases, and 6 insider sales for $2.09 million activity.

Analysts await ScanSource, Inc. (NASDAQ:SCSC) to report earnings on February, 5. They expect $0.97 earnings per share, up 7.78% or $0.07 from last year’s $0.9 per share. SCSC’s profit will be $24.84 million for 9.34 P/E if the $0.97 EPS becomes a reality. After $0.89 actual earnings per share reported by ScanSource, Inc. for the previous quarter, Wall Street now forecasts 8.99% EPS growth.

More notable recent ScanSource, Inc. (NASDAQ:SCSC) news were published by: Seekingalpha.com which released: “ScanSource: Still Skeptical, Still Not Short – Seeking Alpha” on September 20, 2018, also Nasdaq.com with their article: “After-Hours Earnings Report for August 28, 2018 : HPE, HRB, BOX, PSEC, SCSC, NCS, SCVL, OOMA, YRD, LCI – Nasdaq” published on August 28, 2018, Nasdaq.com published: “Is ScanSource (SCSC) Stock Outpacing Its Industrial Products Peers This Year? – Nasdaq” on May 10, 2018. More interesting news about ScanSource, Inc. (NASDAQ:SCSC) were released by: Seekingalpha.com and their article: “ScanSource Inc’s (SCSC) CEO Michael Baur on Q4 2018 Results – Earnings Call Transcript – Seeking Alpha” published on August 28, 2018 as well as Seekingalpha.com‘s news article titled: “ScanSource, Inc. (SCSC) CEO Mike Baur on Q1 2019 Results – Earnings Call Transcript – Seeking Alpha” with publication date: November 10, 2018.

WPX Energy, Inc. (NYSE:WPX) Institutional Positions Chart