Flaherty & Crumrine Preferred Income Fund Inc (NYSE:PFD) Sentiment Crashes in 2018 Q2

September 16, 2018 - By Pearl Odom

Sentiment for Flaherty & Crumrine Preferred Income Fund Inc (NYSE:PFD)

Flaherty & Crumrine Preferred Income Fund Inc (NYSE:PFD) institutional sentiment decreased to 0.7 in 2018 Q2. Its down -0.38, from 1.08 in 2018Q1. The ratio is negative, as 7 investment professionals opened new or increased equity positions, while 10 sold and reduced stakes in Flaherty & Crumrine Preferred Income Fund Inc. The investment professionals in our partner’s database now possess: 515,816 shares, up from 490,946 shares in 2018Q1. Also, the number of investment professionals holding Flaherty & Crumrine Preferred Income Fund Inc in their top 10 equity positions was flat from 0 to 0 for the same number . Sold All: 3 Reduced: 7 Increased: 4 New Position: 3.

The stock decreased 0.59% or $0.08 during the last trading session, reaching $13.57. About 25,657 shares traded or 31.70% up from the average. Flaherty & Crumrine Preferred Income Fund Inc. (NYSE:PFD) has declined 7.42% since September 16, 2017 and is downtrending. It has underperformed by 23.04% the S&P500.

Robinson Capital Management Llc holds 0.17% of its portfolio in Flaherty & Crumrine Preferred Income Fund Inc. for 43,372 shares. Ruggie Capital Group owns 5,000 shares or 0.03% of their US portfolio. Moreover, Covington Capital Management has 0.02% invested in the company for 18,500 shares. The Montana-based D.A. Davidson & Co. has invested 0.01% in the stock. Bank Of America Corp De, a North Carolina-based fund reported 28,201 shares.

Flaherty & Crumrine Preferred Income Fund Inc. (NYSE:PFD) Ratings Chart

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