Oh OK, that makes sense. If Lookout too exhibits this problem, then I suspect the issue to be with the Modbus Object. To confirm this, you may want to try using another OPC Server (E.g., Kepware, like UncleBump suggested.)
What happens if you try reading 3 (or more) tags but from only 3 devices? Do they all read fine? I am just wondering if it's an issue of bandwidth here.
Regards,
Khalid