Pinnacle Financial Partners Inc (NASDAQ:PNFP) Institutional Investors Sentiment Index Flat in 2017 Q4

April 16, 2018 - By Darrin Black

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 has worsened, as 111 investment managers started new and increased holdings, while 116 sold and reduced their stock positions in Pinnacle Financial Partners Inc. The investment managers in our partner’s database reported: 58.45 million shares, up from 55.20 million shares in 2017Q3. Also, the number of investment managers holding Pinnacle Financial Partners Inc in their top 10 holdings 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 buys, and 18 sales 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. On Monday, February 5 the stock rating was upgraded by Stephens to “Buy”. The rating was maintained by SunTrust with “Buy” on Wednesday, October 18. The company was upgraded on Wednesday, November 8 by Hilliard Lyons. The stock of Pinnacle Financial Partners, Inc. (NASDAQ:PNFP) has “Buy” rating given on Thursday, February 15 by Keefe Bruyette & Woods. The stock of Pinnacle Financial Partners, Inc. (NASDAQ:PNFP) has “Hold” rating given on Thursday, January 18 by Stephens. The rating was maintained by SunTrust on Tuesday, November 28 with “Buy”. The rating was maintained by Keefe Bruyette & Woods on Wednesday, January 17 with “Hold”. The firm has “Buy” rating given on Tuesday, April 10 by Raymond James. The stock of Pinnacle Financial Partners, Inc. (NASDAQ:PNFP) has “Buy” rating given on Monday, January 8 by SunTrust. The firm earned “Buy” rating on Monday, February 26 by Keefe Bruyette & Woods.

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

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