Analysts See $1.15 EPS for Pinnacle Financial Partners, Inc. (PNFP)

June 14, 2018 - By Ash Ash

Pinnacle Financial Partners, Inc. (NASDAQ:PNFP) LogoInvestors sentiment increased to 1.33 in 2018 Q1. Its up 0.37, from 0.96 in 2017Q4. It increased, as 24 investors sold Pinnacle Financial Partners, Inc. shares while 71 reduced holdings. 34 funds opened positions while 92 raised stakes. 56.67 million shares or 3.04% less from 58.45 million shares in 2017Q4 were reported.
Price Cap Incorporated reported 7.48% in Pinnacle Financial Partners, Inc. (NASDAQ:PNFP). Tiaa Cref Investment Mgmt Lc, New York-based fund reported 224,834 shares. Ftb has 400 shares for 0% of their portfolio. Guggenheim Capital Lc holds 0.02% of its portfolio in Pinnacle Financial Partners, Inc. (NASDAQ:PNFP) for 106,901 shares. 309,559 were reported by Kennedy Capital Inc. Wedge L L P Nc holds 556,252 shares. State Of Alaska Department Of Revenue has 5,860 shares for 0.01% of their portfolio. 28,126 were reported by Oregon Public Employees Retirement Fund. Manufacturers Life Insurance Com The holds 0.08% in Pinnacle Financial Partners, Inc. (NASDAQ:PNFP) or 1.15M shares. King Luther Cap Mngmt stated it has 66,425 shares or 0.04% of all its holdings. Mai Management holds 0.02% or 4,296 shares. Shelton Cap Mngmt accumulated 5,215 shares or 0.02% of the stock. Lbmc Advsrs invested 0.24% in Pinnacle Financial Partners, Inc. (NASDAQ:PNFP). 2,000 are owned by Highlander. Raymond James Svcs Advisors has 101,108 shares for 0.04% of their portfolio.

Since December 15, 2017, it had 0 insider purchases, and 16 sales for $10.77 million activity. $67,880 worth of stock was sold by LOUGHRY ED C JR on Wednesday, March 7. CALLICUTT RICHARD D II had sold 20,000 shares worth $1.31M. $199,200 worth of Pinnacle Financial Partners, Inc. (NASDAQ:PNFP) was sold by Samuel Ronald L. MCCABE ROBERT A JR sold $1.32 million worth of Pinnacle Financial Partners, Inc. (NASDAQ:PNFP) on Wednesday, March 7. The insider TURNER M TERRY sold $2.09 million. Shares for $200,333 were sold by BURNS GREGORY L.

Analysts expect Pinnacle Financial Partners, Inc. (NASDAQ:PNFP) to report $1.15 EPS on July, 17.They anticipate $0.31 EPS change or 36.90 % from last quarter’s $0.84 EPS. PNFP’s profit would be $88.75 million giving it 14.24 P/E if the $1.15 EPS is correct. After having $1.13 EPS previously, Pinnacle Financial Partners, Inc.’s analysts see 1.77 % EPS growth. The stock increased 0.23% or $0.15 during the last trading session, reaching $65.5. About 571,077 shares traded. Pinnacle Financial Partners, Inc. (NASDAQ:PNFP) has risen 9.17% since June 14, 2017 and is uptrending. It has underperformed by 3.40% the S&P500.

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

Among 9 analysts covering Pinnacle Financial (NASDAQ:PNFP), 8 have Buy rating, 1 Sell and 0 Hold. Therefore 89% are positive. Pinnacle Financial had 16 analyst reports since December 21, 2017 according to SRatingsIntel. The rating was maintained by SunTrust with “Buy” on Wednesday, January 17. The stock of Pinnacle Financial Partners, Inc. (NASDAQ:PNFP) has “Hold” rating given on Wednesday, January 17 by Keefe Bruyette & Woods. Hovde Group upgraded Pinnacle Financial Partners, Inc. (NASDAQ:PNFP) rating on Wednesday, April 18. Hovde Group has “Buy” rating and $7200 target. The stock has “Buy” rating by Keefe Bruyette & Woods on Thursday, February 15. The firm has “Buy” rating given on Tuesday, April 10 by Raymond James. As per Wednesday, April 18, the company rating was maintained by Piper Jaffray. Stephens upgraded the stock to “Buy” rating in Monday, February 5 report. The stock of Pinnacle Financial Partners, Inc. (NASDAQ:PNFP) earned “Buy” rating by Piper Jaffray on Thursday, January 18. On Thursday, December 21 the stock rating was maintained by Keefe Bruyette & Woods with “Hold”. The stock of Pinnacle Financial Partners, Inc. (NASDAQ:PNFP) has “Buy” rating given on Thursday, January 18 by Sandler O’Neill.

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 $5.06 billion. The firm accepts various deposits, including savings, checking, interest-bearing checking, money market, and certificate of deposit accounts. It has a 21.55 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 recent Pinnacle Financial Partners, Inc. (NASDAQ:PNFP) news were published by: Businesswire.com which released: “Pinnacle Financial Partners to Offer Webcast of June 7 Investor Day” on June 05, 2018. Also Seekingalpha.com published the news titled: “Pinnacle Financial Partners (PNFP) Investor Presentation – Slideshow” on June 08, 2018. Nasdaq.com‘s news article titled: “Investor Expectations to Drive Momentum within Sun Communities, Anheuser-Busch InBev SA/NV, New Media …” with publication date: May 17, 2018 was also an interesting one.

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

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