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

March 14, 2018 - By Louis Casey

 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.
42,674 were accumulated by Patten Patten Tn. Weaver C Barksdale & Associate accumulated 45 shares or 0% of the stock. Massachusetts Financial Services Ma accumulated 255,337 shares. Huntington Financial Bank, a Ohio-based fund reported 1,376 shares. Advantus Capital Mngmt Inc stated it has 9,326 shares. Raymond James And Assocs reported 0.02% stake. Moreover, Channing Cap Mgmt Ltd Com has 0.92% invested in Pinnacle Financial Partners, Inc. (NASDAQ:PNFP). Aldebaran invested 0.17% of its portfolio in Pinnacle Financial Partners, Inc. (NASDAQ:PNFP). Pnc Fincl Group stated it has 2,346 shares or 0% of all its holdings. Aqr Management Ltd Limited Liability Company stated it has 0% in Pinnacle Financial Partners, Inc. (NASDAQ:PNFP). Cubist Systematic Strategies Ltd Llc holds 13,258 shares. Delta Asset Management Ltd Llc Tn holds 0% or 157 shares in its portfolio. Deutsche Fincl Bank Ag reported 169,570 shares. National Bank Of Montreal Can stated it has 3,125 shares or 0% of all its holdings. Moreover, Penn Cap Mngmt Inc has 0.18% invested in Pinnacle Financial Partners, Inc. (NASDAQ:PNFP) for 34,776 shares.

Since September 26, 2017, it had 0 insider buys, and 17 selling transactions for $17.98 million activity. CARPENTER HAROLD R sold $1.19M worth of stock or 17,711 shares. Sloan Thomas R had sold 15,000 shares worth $989,600. The insider BURNS GREGORY L sold $200,333. $2.02M worth of Pinnacle Financial Partners, Inc. (NASDAQ:PNFP) was sold by CALLICUTT RICHARD D II. TURNER M TERRY also sold $2.24 million worth of Pinnacle Financial Partners, Inc. (NASDAQ:PNFP) shares. $67,880 worth of Pinnacle Financial Partners, Inc. (NASDAQ:PNFP) was sold by LOUGHRY ED C JR.

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 $84.29 million giving it 15.53 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 decreased 1.10% or $0.75 during the last trading session, reaching $67.7. About 336,990 shares traded. Pinnacle Financial Partners, Inc. (NASDAQ:PNFP) has risen 26.22% since March 14, 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. The rating was downgraded by Portales Partners on Wednesday, July 22 to “Sector Perform”. Keefe Bruyette & Woods maintained the shares of PNFP in report on Monday, February 26 with “Buy” rating. The firm has “Outperform” rating given on Friday, September 11 by Wood. The firm has “Market Perform” rating given on Thursday, July 23 by Wood. SunTrust maintained the shares of PNFP in report on Monday, January 8 with “Buy” rating. As per Thursday, October 20, the company rating was downgraded by Hilliard Lyons. The rating was maintained by SunTrust on Wednesday, January 17 with “Buy”. The rating was upgraded by Stephens to “Buy” on Monday, February 5. Bruyette & Woods” downgraded the stock to “Mkt Perform” rating in Thursday, July 23 report. The stock has “Buy” rating by Piper Jaffray on Wednesday, October 18.

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 $5.24 billion. The firm accepts various deposits, including savings, checking, interest-bearing checking, money market, and certificate of deposit accounts. It has a 25.07 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 notable 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 Seekingalpha.com with their article: “Pinnacle Financial Partners: Rare Value In The Financial Sector” published on February 20, 2018, Bizjournals.com published: “Cover story: Three local banks helping fund Memphis’ development surge” on March 08, 2018. More interesting news about Pinnacle Financial Partners, Inc. (NASDAQ:PNFP) were released by: Bizjournals.com and their article: “Why this Nashville bank continues to receive praise over its culture” published on February 16, 2018 as well as Bizjournals.com‘s news article titled: “Pinnacle Financial Partners opens new flagship branch in the Triad” with publication date: February 26, 2018.

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