Analysts See $1.20 EPS for Pinnacle Financial Partners, Inc. (PNFP)

September 15, 2018 - By Ash Maslow

Pinnacle Financial Partners, Inc. (NASDAQ:PNFP) LogoInvestors sentiment increased to 1.49 in 2018 Q2. Its up 0.16, from 1.33 in 2018Q1. It increased, as 19 investors sold Pinnacle Financial Partners, Inc. shares while 69 reduced holdings. 37 funds opened positions while 94 raised stakes. 58.03 million shares or 2.39% more from 56.67 million shares in 2018Q1 were reported.
Aperio Gru Incorporated Llc owns 14,860 shares or 0% of their US portfolio. Kdi Cap Prtn Ltd Llc holds 7,398 shares. 6,558 were reported by First Allied Advisory. Systematic Finance Mgmt L P reported 36,185 shares. Zacks Inv Mgmt holds 0.03% of its portfolio in Pinnacle Financial Partners, Inc. (NASDAQ:PNFP) for 19,585 shares. 43,758 were reported by Sei Invs Company. Liberty Mutual Group Inc Asset reported 14,731 shares. Teacher Retirement Systems Of Texas stated it has 0.01% of its portfolio in Pinnacle Financial Partners, Inc. (NASDAQ:PNFP). 357,142 are held by Copper Rock Cap Prtnrs Ltd. California State Teachers Retirement System reported 119,285 shares. Cornerstone Advsr has invested 0% in Pinnacle Financial Partners, Inc. (NASDAQ:PNFP). 28,958 are held by Oregon Public Employees Retirement Fund. Laurion Cap Management L P reported 11,789 shares. Schwab Charles Mngmt has 0.02% invested in Pinnacle Financial Partners, Inc. (NASDAQ:PNFP) for 385,434 shares. Moreover, Maple Cap Inc has 0.2% invested in Pinnacle Financial Partners, Inc. (NASDAQ:PNFP).

Since March 27, 2018, it had 0 buys, and 7 insider sales for $949,805 activity. On Tuesday, May 22 Scott Gary L sold $61,548 worth of Pinnacle Financial Partners, Inc. (NASDAQ:PNFP) or 900 shares.

Analysts expect Pinnacle Financial Partners, Inc. (NASDAQ:PNFP) to report $1.20 EPS on October, 16.They anticipate $0.30 EPS change or 33.33 % from last quarter’s $0.9 EPS. PNFP’s profit would be $92.66M giving it 13.18 P/E if the $1.20 EPS is correct. After having $1.15 EPS previously, Pinnacle Financial Partners, Inc.’s analysts see 4.35 % EPS growth. The stock increased 1.28% or $0.8 during the last trading session, reaching $63.25. About 291,167 shares traded. Pinnacle Financial Partners, Inc. (NASDAQ:PNFP) has risen 1.67% since September 16, 2017 and is uptrending. It has underperformed by 13.95% the S&P500.

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

Among 4 analysts covering Pinnacle Financial (NASDAQ:PNFP), 3 have Buy rating, 1 Sell and 0 Hold. Therefore 75% are positive. Pinnacle Financial had 5 analyst reports since March 22, 2018 according to SRatingsIntel. The firm has “Sell” rating given on Monday, June 11 by UBS. The stock of Pinnacle Financial Partners, Inc. (NASDAQ:PNFP) earned “Buy” rating by Piper Jaffray on Wednesday, April 18. The rating was upgraded by Raymond James to “Buy” on Tuesday, April 10. On Wednesday, April 18 the stock rating was upgraded by Hovde Group to “Buy”.

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 $4.88 billion. The firm accepts various deposits, including savings, checking, interest-bearing checking, money market, and certificate of deposit accounts. It has a 18.76 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 news for Pinnacle Financial Partners, Inc. (NASDAQ:PNFP) were recently published by: Bizjournals.com, which released: “Charlotte-area banks are closing early today as Hurricane Florence moves in” on September 14, 2018. Bizjournals.com‘s article titled: “There’s a new biggest bank in Nashville” and published on September 14, 2018 is yet another important article.

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

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