Pinnacle Financial Partners, Inc. (NASDAQ:PNFP) Logo

Sentiment for Pinnacle Financial Partners Inc (NASDAQ:PNFP)

Pinnacle Financial Partners Inc (NASDAQ:PNFP) institutional sentiment decreased to 0.99 in Q1 2019. Its down -0.21, from 1.2 in 2018Q4. The ratio dropped, as 111 institutional investors increased or started new stock positions, while 112 sold and decreased holdings in Pinnacle Financial Partners Inc. The institutional investors in our partner’s database now hold: 59.12 million shares, down from 60.81 million shares in 2018Q4. Also, the number of institutional investors holding Pinnacle Financial Partners Inc in their top 10 stock positions was flat from 6 to 6 for the same number . Sold All: 19 Reduced: 93 Increased: 77 New Position: 34.

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 $4.53 billion. The firm accepts various deposits, including savings, checking, interest-bearing checking, money market, and certificate of deposit accounts. It has a 11.84 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.

The stock decreased 0.96% or $0.57 during the last trading session, reaching $58.82. About 668,830 shares traded or 89.21% up from the average. Pinnacle Financial Partners, Inc. (NASDAQ:PNFP) has declined 14.91% since July 20, 2018 and is downtrending. It has underperformed by 19.34% the S&P500.

Aquiline Capital Partners Llc holds 100% of its portfolio in Pinnacle Financial Partners, Inc. for 2.22 million shares. 12Th Street Asset Management Company Llc owns 440,335 shares or 6.38% of their US portfolio. Moreover, Elizabeth Park Capital Advisors Ltd. has 5.75% invested in the company for 263,118 shares. The Virginia-based Fj Capital Management Llc has invested 4.85% in the stock. Forest Hill Capital Llc, a Arkansas-based fund reported 285,792 shares.

More notable recent Pinnacle Financial Partners, Inc. (NASDAQ:PNFP) news were published by: Seekingalpha.com which released: “Pinnacle Financial Partners Q1 2019 Earnings Preview – Seeking Alpha” on April 14, 2019, also Nasdaq.com with their article: “Pinnacle Financial (PNFP) Surpasses Q2 Earnings and Revenue Estimates – Nasdaq” published on July 16, 2019, Businesswire.com published: “Pinnacle Financial Partners Announces Dates for Second Quarter 2019 Earnings Release and Conference Call – Business Wire” on July 10, 2019. More interesting news about Pinnacle Financial Partners, Inc. (NASDAQ:PNFP) were released by: Zacks.com and their article: “Is a Surprise Coming for Pinnacle Financial (PNFP) This Earnings Season? – Zacks.com” published on January 14, 2019 as well as Finance.Yahoo.com‘s news article titled: “Is Pinnacle Financial Partners, Inc. (NASDAQ:PNFP) Potentially Undervalued? – Yahoo Finance” with publication date: June 03, 2019.

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

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