EPS for Pinnacle Financial Partners (PNFP) Expected At $0.91

September 17, 2017 - By Clifton Ray

 EPS for Pinnacle Financial Partners (PNFP) Expected At $0.91
Investors sentiment decreased to 1.16 in Q4 2016. Its down 0.71, from 1.87 in 2016Q3. It turned negative, as 19 investors sold Pinnacle Financial Partners shares while 64 reduced holdings. 32 funds opened positions while 64 raised stakes. 33.11 million shares or 4.29% more from 31.75 million shares in 2016Q3 were reported.
Aqr Capital Mgmt Lc invested in 7,783 shares. Florida-based Raymond James Trust Na has invested 0.02% in Pinnacle Financial Partners (NASDAQ:PNFP). The California-based Hennessy Advsr has invested 0.08% in Pinnacle Financial Partners (NASDAQ:PNFP). Td Asset Management invested in 12,700 shares or 0% of the stock. Moreover, Stieven Cap Limited Partnership has 0.76% invested in Pinnacle Financial Partners (NASDAQ:PNFP) for 55,395 shares. Principal Financial Grp invested in 0.03% or 324,264 shares. Pinnacle Financial Prtnrs Inc holds 231,730 shares or 3.47% of its portfolio. Hilton Mngmt Ltd Limited Liability Company has 0.07% invested in Pinnacle Financial Partners (NASDAQ:PNFP). Lbmc Investment Lc owns 22,185 shares. Morgan Stanley invested in 0% or 150,430 shares. Moreover, Pnc Svcs Grp Inc has 0% invested in Pinnacle Financial Partners (NASDAQ:PNFP). Woodmont Investment Counsel Limited Com reported 20,706 shares. Emerald Mutual Fund Advisers reported 133,412 shares. Huntington National Bank & Trust owns 2,218 shares. Raymond James And accumulated 81,754 shares.

Since May 1, 2017, it had 3 buys, and 1 sale for $10,530 activity. On Wednesday, June 7 MCCABE ROBERT A JR bought $20,475 worth of Pinnacle Financial Partners (NASDAQ:PNFP) or 325 shares. 1,500 shares were sold by Samuel Ronald L, worth $96,705 on Monday, May 1.

Analysts expect Pinnacle Financial Partners (NASDAQ:PNFP) to report $0.91 EPS on October, 17.They anticipate $0.13 EPS change or 16.67 % from last quarter’s $0.78 EPS. PNFP’s profit would be $70.62M giving it 17.17 P/E if the $0.91 EPS is correct. After having $0.84 EPS previously, Pinnacle Financial Partners’s analysts see 8.33 % EPS growth. The stock decreased 0.56% or $0.35 on September 15, reaching $62.5. About 1.50M shares traded or 243.95% up from the average. Pinnacle Financial Partners (NASDAQ:PNFP) has risen 26.22% since September 17, 2016 and is uptrending. It has outperformed by 9.52% the S&P500.

Pinnacle Financial Partners (NASDAQ:PNFP) Ratings Coverage

Among 11 analysts covering Pinnacle Financial Partners (NASDAQ:PNFP), 3 have Buy rating, 0 Sell and 8 Hold. Therefore 27% are positive. Pinnacle Financial Partners had 19 analyst reports since July 23, 2015 according to SRatingsIntel. On Wednesday, January 25 the stock rating was upgraded by Sandler O’Neill to “Buy”. The firm has “Hold” rating given on Thursday, July 20 by Stephens. Keefe Bruyette & Woods maintained it with “Hold” rating and $7000 target in Thursday, July 13 report. FIG Partners downgraded the stock to “Market Perform” rating in Monday, July 27 report. The rating was initiated by Piper Jaffray on Monday, August 24 with “Neutral”. The firm has “Neutral” rating by Hilliard Lyons given on Thursday, October 20. The company was upgraded on Friday, September 11 by Keefe Bruyette & Woods. Sandler O’Neill downgraded the shares of PNFP in report on Tuesday, September 13 to “Hold” rating. The company was upgraded on Monday, January 25 by Hovde Group. The stock of Pinnacle Financial Partners (NASDAQ:PNFP) earned “Mkt Perform” rating by Keefe Bruyette & Woods on Thursday, October 20.

Pinnacle Financial Partners, Inc. is a bank holding company. The company has market cap of $4.85 billion. The Firm operates through its subsidiary, Pinnacle Bank. It has a 20.11 P/E ratio. The Firm operates as a community bank primarily in the urban markets of Nashville, Knoxville, Memphis and Chattanooga, Tennessee and other counties.

More recent Pinnacle Financial Partners (NASDAQ:PNFP) news were published by: Nasdaq.com which released: “The Zacks Analyst Blog Highlights: Zions Bancorporation, State Street …” on September 14, 2017. Also Bizjournals.com published the news titled: “Development planned for vacant Union Avenue corner” on August 30, 2017. Streetinsider.com‘s news article titled: “Hilliard Lyons Upgrades Pinnacle Financial Partners (PNFP) to Buy” with publication date: August 23, 2017 was also an interesting one.

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