emfizz.com June 26, 2017

Pinnacle Financial Partners (PNFP) Analysts See $0.80 EPS

20 June 2017, 09:54 | Jan Cross

Including today's unusual volume, Pinnacle Financial Partners, Inc.'s stock is performing at -5.34% on the year. About 398,945 shares traded. Pinnacle Financial Partners (NASDAQ:PNFP) has risen 26.22% since June 19, 2016 and is uptrending. It has outperformed by 9.52% the S&P500.The move comes after 6 months positive chart setup for the $3.27 billion company. It was reported on Jun, 19 by Barchart.com. (NASDAQ:PNFP) traded up 2.90% during midday trading on Monday, hitting $67.50.

Earnings per share (EPS) breaks down the profitability of the company on a single share basis, and for Pinnacle Financial Partners Inc. the EPS stands at 0.82 for the previous quarter, while the analysts predicted the EPS of the stock to be 0.77, suggesting the stock exceeded the analysts' expectations. In terms of the stock price in relation to its moving averages, company shares are 3.86% away from the 20-day moving average and 3.60% off of the 50-day average. The Firm operates through its subsidiary, Pinnacle Bank. Easy to calculate and understand, P/E is an extremely common ratio that is used to compare valuations of stocks against each other relatively. The Company operates as a community bank primarily in the urban markets of Nashville, Knoxville, Memphis and Chattanooga, Tennessee and other counties.

Among 11 analysts covering Pinnacle Financial Partners (NASDAQ:PNFP), 3 have Buy rating, 0 Sell and 8 Hold. Regions Fincl Corp invested in 0% or 3,941 shares. PNFP's profit will be $38.90 million for 21.02 P/E if the $0.80 EPS becomes a reality. Pitcairn holds 0.04% of its portfolio in Pinnacle Financial Partners (NASDAQ:PNFP) for 4,119 shares.

Since May 1, 2017, it had 3 insider buys, and 1 sale for $10,530 activity. Samuel Ronald L had sold 1,500 shares worth $96,705. This is built on a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell. The New York-based Millennium Mgmt Limited Liability Corporation has invested 0% in Endologix, Inc. Therefore 27% are positive. Wells Fargo & Company MN raised its stake in Pinnacle Financial Partners by 546.9% in the first quarter. Of the 25 analysts surveyed by Reuters that track SYF 6 of them rate its stock a hold. For the week, the stock is performing -5.07%.

On the last trading day, Pinnacle Financial Partners Inc. On Friday, January 29 the stock rating was upgraded by Stephens to "Overweight". Hilliard Lyons downgraded Pinnacle Financial Partners (NASDAQ:PNFP) on Thursday, October 20 to "Neutral" rating. The rating was upgraded by Hovde Group to "Market Perform" on Monday, January 25. The stock of American Water Works Company Inc (NYSE:AWK) earned "Outperform" rating by Robert W. Baird on Friday, October 14. The stock has "Neutral" rating by Bank of America on Wednesday, July 6.

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Investors sentiment increased to 1.22 in Q4 2016. It dropped, as 19 investors sold Pinnacle Financial Partners shares while 64 reduced holdings. 23 funds opened positions while 54 raised stakes. Following the completion of the purchase, the director now directly owns 18,511 shares in the company, valued at $1,105,662.03. Synovus Financial Corporation invested 0% in Pinnacle Financial Partners (NASDAQ:PNFP). 31, 2017. The company's shares were assimilated at $59.73 per share worth to an investment of some $59,730 on account of Galante Joseph C. Moreover, Arizona State Retirement System has 0.02% invested in Pinnacle Financial Partners (NASDAQ:PNFP) for 22,396 shares. Carroll Fincl Associates reported 0% in Pinnacle Financial Partners (NASDAQ:PNFP). Hennessy invested in 40,000 shares.

Currently, the market capitalization of Pinnacle Financial Partners Inc. Barrett Asset Mgmt Ltd Liability Corporation holds 0% or 182 shares. This Beta value of Pinnacle Financial Partners Inc.

The company reported an impressive total revenue of 0 in the last fiscal year. Blackrock Institutional Trust Company Na owns 1.13M shares. Mutual Of America Capital Management Ltd Com has invested 0.08% in Pinnacle Financial Partners (NASDAQ:PNFP).

Analysts await Matson, Inc. Pension reported 0.08% of its portfolio in American Water Works Company Inc (NYSE:AWK). For the last six months, the stock has performed -2.38%. This is assuming the current $0.80 EPS is accurate. After $0.16 actual EPS reported by Matson, Inc. for the previous quarter, Wall Street now forecasts 131.25% EPS growth. Jacobs Levy Equity Management holds 3,280 shares. Fuller & Thaler Asset Management Inc. owns 2.60 million shares or 1.39% of their U.S. portfolio. Insiders have acquired a total of 1,425 shares of company stock worth $86,180 over the last 90 days. The Massachusetts-based Copper Rock Capital Partners Llc has invested 1.76% in the stock.

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