EPS for Pinnacle Financial Partners, Inc. (PNFP) Expected At $1.09

March 20, 2018 - By Marguerite Chambers

 EPS for Pinnacle Financial Partners, Inc. (PNFP) Expected At $1.09
Investors sentiment decreased to 1.47 in Q3 2017. Its down 0.92, from 2.39 in 2017Q2. It worsened, as 24 investors sold Pinnacle Financial Partners, Inc. shares while 66 reduced holdings. 32 funds opened positions while 100 raised stakes. 55.20 million shares or 3.94% more from 53.10 million shares in 2017Q2 were reported.
Td Asset Management reported 0% stake. Woodmont Invest Counsel Limited Liability Corp accumulated 20,706 shares or 0.38% of the stock. Jennison Limited Co holds 1.89 million shares. Cortina Asset Limited Liability Corp reported 0.55% stake. Los Angeles Cap Mgmt And Equity has 0% invested in Pinnacle Financial Partners, Inc. (NASDAQ:PNFP). Retirement System Of Alabama stated it has 0.03% of its portfolio in Pinnacle Financial Partners, Inc. (NASDAQ:PNFP). State Of Wisconsin Inv Board holds 95,785 shares or 0.02% of its portfolio. Raymond James & Associates holds 0.02% or 123,614 shares. Fsi Grp Ltd holds 1.99% or 42,050 shares in its portfolio. Gemmer Asset Mngmt Ltd Limited Liability Company owns 0% invested in Pinnacle Financial Partners, Inc. (NASDAQ:PNFP) for 181 shares. Wasatch Advsrs Inc has 1.08% invested in Pinnacle Financial Partners, Inc. (NASDAQ:PNFP) for 1.19 million shares. Emerald Mutual Fund Advisers holds 133,412 shares. Oppenheimer Asset Mngmt Inc holds 11,389 shares or 0.02% of its portfolio. Jpmorgan Chase & holds 0% or 255,356 shares. Tiaa Cref Investment Mngmt Ltd owns 252,983 shares.

Since September 26, 2017, it had 0 insider purchases, and 18 selling transactions for $18.79 million activity. Shares for $809,929 were sold by CARPENTER HAROLD R on Monday, March 12. MCCABE ROBERT A JR also sold $1.32 million worth of Pinnacle Financial Partners, Inc. (NASDAQ:PNFP) on Wednesday, March 7. Shares for $120,434 were sold by LOUGHRY ED C JR. TURNER M TERRY had sold 31,171 shares worth $2.09M. Samuel Ronald L sold $193,230 worth of stock. BURNS GREGORY L sold $200,333 worth of stock.

Analysts expect Pinnacle Financial Partners, Inc. (NASDAQ:PNFP) to report $1.09 EPS on April, 16.They anticipate $0.26 EPS change or 31.33 % from last quarter’s $0.83 EPS. PNFP’s profit would be $84.28M giving it 15.68 P/E if the $1.09 EPS is correct. After having $0.97 EPS previously, Pinnacle Financial Partners, Inc.’s analysts see 12.37 % EPS growth. The stock increased 1.48% or $1 during the last trading session, reaching $68.35. About 364,508 shares traded. Pinnacle Financial Partners, Inc. (NASDAQ:PNFP) has risen 26.22% since March 20, 2017 and is uptrending. It has outperformed by 9.52% the S&P500.

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

Among 13 analysts covering Pinnacle Financial Partners (NASDAQ:PNFP), 9 have Buy rating, 0 Sell and 4 Hold. Therefore 69% are positive. Pinnacle Financial Partners had 39 analyst reports since July 23, 2015 according to SRatingsIntel. Keefe Bruyette & Woods maintained the stock with “Hold” rating in Tuesday, October 3 report. On Thursday, February 15 the stock rating was upgraded by Keefe Bruyette & Woods to “Buy”. The stock of Pinnacle Financial Partners, Inc. (NASDAQ:PNFP) earned “Neutral” rating by Hilliard Lyons on Friday, October 20. The firm earned “Neutral” rating on Thursday, October 20 by Hilliard Lyons. Sandler O’Neill upgraded the shares of PNFP in report on Wednesday, January 25 to “Buy” rating. The rating was maintained by SunTrust on Wednesday, January 17 with “Buy”. As per Thursday, November 30, the company rating was maintained by Piper Jaffray. The firm earned “Hold” rating on Thursday, July 13 by Keefe Bruyette & Woods. The rating was upgraded by Hilliard Lyons on Wednesday, November 8 to “Buy”. The firm has “Overweight” rating given on Thursday, October 5 by PiperJaffray.

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 $5.29 billion. The firm accepts various deposits, including savings, checking, interest-bearing checking, money market, and certificate of deposit accounts. It has a 25.31 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.

More important recent Pinnacle Financial Partners, Inc. (NASDAQ:PNFP) news were published by: Prnewswire.com which released: “SHAREHOLDER ALERT: Purcell Julie & Lefkowitz LLP Is Investigating Pinnacle …” on March 01, 2018, also Bizjournals.com published article titled: “Cover story: Three local banks helping fund Memphis’ development surge”, Bizjournals.com published: “Pinnacle Financial Partners opens new flagship branch in the Triad” on February 26, 2018. More interesting news about Pinnacle Financial Partners, Inc. (NASDAQ:PNFP) was released by: Seekingalpha.com and their article: “Pinnacle Financial Partners: Rare Value In The Financial Sector” with publication date: February 20, 2018.

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