Pinnacle Financial Partners Inc (NASDAQ:PNFP) Institutional Investor Sentiment Analysis

April 16, 2018 - By Louis Casey

Pinnacle Financial Partners, Inc. (NASDAQ:PNFP) Logo

Sentiment for Pinnacle Financial Partners Inc (NASDAQ:PNFP)

Pinnacle Financial Partners Inc (NASDAQ:PNFP) institutional sentiment decreased to 0.96 in Q4 2017. Its down -0.51, from 1.47 in 2017Q3. The ratio dived, as 111 active investment managers opened new and increased positions, while 116 sold and decreased their stock positions in Pinnacle Financial Partners Inc. The active investment managers in our partner’s database now hold: 58.45 million shares, up from 55.20 million shares in 2017Q3. Also, the number of active investment managers holding Pinnacle Financial Partners Inc in their top 10 positions was flat from 5 to 5 for the same number . Sold All: 25 Reduced: 91 Increased: 72 New Position: 39.

Pinnacle Financial Partners, Inc. operates as a bank holding firm for Pinnacle Bank that provides various banking services and products in the United States. The company has market cap of $4.94 billion. The firm accepts various deposits, including savings, checking, interest-bearing checking, money market, and certificate of deposit accounts. It has a 23.65 P/E ratio. The Company’s loan products include commercial loans, such as equipment and working capital loans; commercial real estate loans comprising investment properties and business loans secured by real estate; and loans to individuals consisting of secured and unsecured installment and term loans and lines of credit, residential first mortgage loans, and home equity loans and lines of credit.

The stock decreased 0.31% or $0.2 during the last trading session, reaching $63.85. About 207,801 shares traded. Pinnacle Financial Partners, Inc. (NASDAQ:PNFP) has declined 0.40% since April 16, 2017 and is downtrending. It has underperformed by 11.95% the S&P500.

Aquiline Capital Partners Llc holds 100% of its portfolio in Pinnacle Financial Partners, Inc. for 2.56 million shares. Pinnacle Financial Partners Inc owns 1.14 million shares or 7.96% of their US portfolio. Moreover, Polaris Capital Management Llc has 6.01% invested in the company for 3.62 million shares. The Virginia-based Fj Capital Management Llc has invested 4.95% in the stock. Elizabeth Park Capital Advisors Ltd., a Ohio-based fund reported 203,418 shares.#img1#

Since January 1, 0001, it had 0 insider purchases, and 18 selling transactions for $18.79 million activity.

Pinnacle Financial Partners, Inc. (NASDAQ:PNFP) Ratings Coverage

Ratings analysis reveals 89% of Pinnacle Financial Partners’s analysts are positive. Out of 9 Wall Street analysts rating Pinnacle Financial Partners, 8 give it “Buy”, 1 “Sell” rating, while 0 recommend “Hold”. The lowest target is $56 while the high is $85.0. The stock’s average target of $74 is 15.90% above today’s ($63.85) share price. PNFP was included in 19 notes of analysts from October 18, 2017. The rating was upgraded by Keefe Bruyette & Woods to “Buy” on Thursday, February 15. The firm earned “Buy” rating on Wednesday, October 18 by SunTrust. The firm has “Hold” rating given on Thursday, January 18 by Stephens. Stephens upgraded the stock to “Buy” rating in Monday, February 5 report. Hilliard Lyons upgraded it to “Buy” rating and $73.0 target in Wednesday, November 8 report. The rating was upgraded by Raymond James on Tuesday, April 10 to “Buy”. The firm has “Buy” rating given on Wednesday, January 17 by SunTrust. Piper Jaffray maintained the shares of PNFP in report on Wednesday, October 18 with “Buy” rating. Keefe Bruyette & Woods maintained Pinnacle Financial Partners, Inc. (NASDAQ:PNFP) rating on Wednesday, January 17. Keefe Bruyette & Woods has “Hold” rating and $73.0 target. SunTrust maintained Pinnacle Financial Partners, Inc. (NASDAQ:PNFP) on Monday, January 8 with “Buy” rating.

Pinnacle Financial Partners, Inc. (NASDAQ:PNFP) Institutional Positions Chart

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