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

June 18, 2018 - By Richard Conner

Pinnacle Financial Partners, Inc. (NASDAQ:PNFP) LogoInvestors sentiment increased to 1.33 in Q1 2018. 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.
Wasatch Advsr accumulated 0.71% or 856,035 shares. Vanguard Grp Inc has 0.02% invested in Pinnacle Financial Partners, Inc. (NASDAQ:PNFP). Elizabeth Park Limited accumulated 208,418 shares. Atlantic Trust Group Incorporated Llc accumulated 2,251 shares. The United Kingdom-based Barclays Public Ltd Co has invested 0% in Pinnacle Financial Partners, Inc. (NASDAQ:PNFP). Hl Finance Limited Co reported 10,110 shares or 0.01% of all its holdings. King Luther Mgmt reported 0.04% stake. Riverhead Mngmt Ltd Liability reported 5,611 shares. Brinker Capital has 0.09% invested in Pinnacle Financial Partners, Inc. (NASDAQ:PNFP). Moreover, California Public Employees Retirement has 0.02% invested in Pinnacle Financial Partners, Inc. (NASDAQ:PNFP) for 262,415 shares. Liberty Mutual Grp Inc Asset Management invested in 0.03% or 14,528 shares. Ny State Teachers Retirement holds 105,887 shares. Berkshire Asset Mngmt Llc Pa reported 5,821 shares or 0.04% of all its holdings. New Mexico Educational Retirement Board owns 20,300 shares for 0.05% of their portfolio. Jennison Assoc Ltd Co holds 3.27 million shares.

Since January 8, 2018, it had 0 buys, and 16 insider sales for $10.77 million activity. 21,253 shares were sold by QUEENER HUGH M, worth $1.43M on Tuesday, March 6. The insider Samuel Ronald L sold $189,077. The insider LOUGHRY ED C JR sold $120,434. The insider Scott Gary L sold $61,548. CALLICUTT RICHARD D II had sold 20,000 shares worth $1.31M. TURNER M TERRY had sold 31,171 shares worth $2.09M.

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 $88.76M giving it 13.96 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 0.47% or $0.3 during the last trading session, reaching $64.2. About 374,229 shares traded. Pinnacle Financial Partners, Inc. (NASDAQ:PNFP) has risen 9.17% since June 19, 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 firm has “Buy” rating by Hovde Group given on Wednesday, April 18. The rating was maintained by SunTrust on Wednesday, January 17 with “Buy”. The rating was maintained by Keefe Bruyette & Woods on Wednesday, January 17 with “Hold”. Stephens maintained the shares of PNFP in report on Thursday, January 18 with “Hold” rating. The firm has “Buy” rating given on Monday, February 26 by Keefe Bruyette & Woods. The stock of Pinnacle Financial Partners, Inc. (NASDAQ:PNFP) has “Buy” rating given on Thursday, January 18 by Sandler O’Neill. The rating was maintained by Keefe Bruyette & Woods on Thursday, December 21 with “Hold”. The firm earned “Buy” rating on Thursday, January 18 by Piper Jaffray. The stock of Pinnacle Financial Partners, Inc. (NASDAQ:PNFP) has “Buy” rating given on Monday, February 5 by Stephens. SunTrust maintained Pinnacle Financial Partners, Inc. (NASDAQ:PNFP) rating on Monday, January 8. SunTrust has “Buy” rating and $85.0 target.

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 $4.96 billion. The firm accepts various deposits, including savings, checking, interest-bearing checking, money market, and certificate of deposit accounts. It has a 21.12 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: Seekingalpha.com, which released: “Pinnacle Financial Partners (PNFP) Investor Presentation – Slideshow” on June 08, 2018. Businesswire.com‘s article titled: “Pinnacle Financial Partners to Offer Webcast of June 7 Investor Day” and published on June 05, 2018 is yet another important article.

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

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